CVW CleanTech Inc. announced that the appointment of Akshay Dubey as Chief Executive Officer (“CEO”), effective September 14, 2022. Mr. Dubey will relocate to Calgary from November 1, 2022 and lead the Company into the next phase of its evolution, as it focuses on commercializing its patented oil sands reprocessing technologies and applying a unique financial structure to a rapidly growing clean tech industry. In addition, Mr. Dubey will be appointed to the Board of Directors.

Mr. Dubey, previously reported directly to the Board of Directors of BaseCore Metals LP (“BaseCore”) which he led since its inception and was recently sold for $525 million. His focus included identifying and executing additional stream and royalty investments in the base metals sector, along with managing their portfolio of assets. Previous to BaseCore, Mr. Dubey was a Principal within the Natural Resources team at Ontario Teachers' Pension Plan Board (“OTPP”), where he gained extensive experience in both the energy and mining sectors; including originating and structuring various investments, such as the Heritage Royalty platform, and BaseCore.

Before joining OTPP, Mr. Dubey worked for CIBC in their investment banking division within the mining group based in Toronto, Canada. He holds a Bachelors of Business Administration (Hons.) from the Schulich School of Business at York University.