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Cielo Announces Resignation of Directors

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Cielo Waste Solutions Corp. announced the resignation of two directors, Ms. Andrea Whyte and Mr. George H. Brookman, from its board. The company expressed gratitude for their contributions and wished them well in future endeavors. Cielo, known for its proprietary technology converting waste into renewable fuels, continues to operate its facility in Aldersyde, Alberta. This leadership change may bring new perspectives to the company's strategy as it aims to expand its waste-to-fuel operations throughout Canada and the U.S.

Positive
  • Potential for fresh perspectives with new board members.
  • Continued operations focus on waste-to-fuel technology.
Negative
  • Loss of experienced directors may create continuity concerns.

VANCOUVER, BC / ACCESSWIRE / September 24, 2021 / Cielo WasteSolutions Corp. (TSXV:CMC)(OTCQB:CWSFF)(FRA:C36) ("Cielo" or the "Company") announces that Ms. Andrea Whyte and Mr. George H. Brookman have resigned from the board of directors of the Company. The Company thanks Ms. Whyte and Mr. Brookman for their respective contributions and wishes them every success in their future endeavours.

On behalf of the Board of Directors

"Jasdeep K. Dhaliwal"
Jasdeep K. Dhaliwal, Director

Company Contact:
Chris Sabat, Corporate Secretary and General Counsel
Email: csabat@cielows.com
Telephone: 1-(403)-348-2972
Website: www.cielows.com

For further information please contact:

Investor Cubed Inc. (Canada):
Neil Simon, CEO
Email: info@investor3.ca
Telephone: 1-(647) 258-3310

RB Milestone Group LLC (USA):
Trevor Brucato, Managing Director
Email: cielo@rbmilestone.com
New York, NY & Stamford, CT

About Cielo Waste Solutions Corp.

Cielo is a publicly traded company with a proprietary technology that transforms certain types of landfill garbage into high-grade diesel, kerosene (aviation jet and marine fuel) and naphtha. Cielo's proven and patented technology is currently being deployed in the Company's Aldersyde, Alberta facility, where wood waste is currently being converted into renewable fuels. Cielo's experienced management team is well positioned with strategic partners in place to expand aggressively across Canada, into the US and then globally. The waste/feedstock that will be used in the Company's green facilities is the world's widely available and inexpensive feedstock, including household, commercial, construction garbage, used tires, railway ties, telephone poles, as well as all types of plastic, some of which currently cannot be recycled or deposited into landfills. Cielo's goal is to manufacture waste to fuel while ridding the world of unwanted and problematic garbage.

Cautionary Note Regarding Forward-looking Statements

This News Release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "may", "will", "project", "should" or similar words, including negatives thereof, suggesting future outcomes.

Forward-looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company's actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, neither the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise. The CSE, OTCQB and, WKN, have not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

SOURCE: Cielo Waste Solutions Corp.



View source version on accesswire.com:
https://www.accesswire.com/665545/Cielo-Announces-Resignation-of-Directors

FAQ

What recent changes occurred in Cielo Waste Solutions Corp.'s management?

Cielo Waste Solutions Corp. announced the resignation of two directors, Andrea Whyte and George H. Brookman, from its board.

How might the director resignations affect Cielo Waste Solutions Corp.?

The resignations could bring fresh perspectives but may also raise concerns about continuity due to the loss of experienced directors.

What is the focus of Cielo Waste Solutions Corp.?

Cielo focuses on transforming landfill waste into renewable fuels using its proprietary technology.

What is the stock symbol for Cielo Waste Solutions Corp.?

Cielo Waste Solutions Corp. trades under the symbol CWSFF on the OTCQB.

CIELO WASTE SOLUTIONS CRP

OTC:CWSFF

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Waste Management
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United States of America
Calgary