Cielo Receives Final Approval to List on the TSX Venture Exchange

Rhea-AI Summary

Cielo Waste Solutions Corp. (CSE:CMC)(OTCQB:CWSFF) announced final approval for its shares to list on the TSX Venture Exchange starting June 24, 2021. The trading symbol 'CMC' remains unchanged, and shareholders need not take any action for the transition from the Canadian Securities Exchange (CSE). This move is expected to be seamless, with trading on the CSE concluding on June 23, 2021. CEO Don Allan expressed gratitude to the TSXV for assisting in expediting the listing process.

Positive

• Final approval from TSX Venture Exchange indicates confidence in company stability.
• Seamless transition from CSE to TSXV may attract more investors.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / June 23, 2021 / Cielo WasteSolutions Corp. (CSE:CMC)(OTCQB:CWSFF) ("Cielo" or the "Company") is pleased to announce that it has received final approval from the TSX Venture Exchange ("TSXV") to list its shares on the TSXV effective as of the open of market on June 24, 2021.

The Company's trading symbol "CMC" will remain unchanged and shareholders will not be required to take any action in connection with the listing on the TSXV. The Company's shares will continue to be listed in the United States on the OTCQB under the symbol "CWSFF". The Company expects that the transitition of delisting its shares from the Canadian Securities Exchange ("CSE") and listing its shares on the TSXV will be seemless. The last day of trading of the Company's shares on the CSE will be June 23, 2021.

Don Allan, CEO, commented: "We wish to thank everyone at the TSXV for their help and guidance in completing our listing in a timely manner."

On behalf of the Board of Directors

"Don Allan"
Don Allan, President / CEO / Director

Company Contact:

Lionel Robins, COO
Email: lrobins@cielows.com
Telephone: 1-(403)-348-2972 ext:106
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 landfill garbage into renewable 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, AB 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. Waste/feedstock that will be used in the Company's green facilities is the world's most available and inexpensive feedstock, including household, commercial/ construction/demolition garbage, used tires, railway ties, telephone poles, as well as all types of plastic, some of which currently cannot be recycled and/or deposited into landfills. Cielo's goal is to manufacture renewable 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. CIELO is making forward looking statements related to the listing of its common shares on the TSXV and delisting from the CSE, including the anticipated timing. 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 and OTCQB have not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Cielo WasteSolutions Corp.

View source version on accesswire.com:
https://www.accesswire.com/652757/Cielo-Receives-Final-Approval-to-List-on-the-TSX-Venture-Exchange

FAQ

What is the significance of Cielo Waste Solutions listing on the TSX Venture Exchange?

The listing on the TSX Venture Exchange enhances credibility and may increase investor confidence in Cielo Waste Solutions Corp. (CWSFF), facilitating easier access to capital.

When did Cielo Waste Solutions transition from the CSE to the TSX Venture Exchange?

Cielo Waste Solutions transitioned from the CSE to the TSX Venture Exchange effective June 24, 2021.

Will the trading symbol for Cielo Waste Solutions change after the listing on the TSX Venture Exchange?

No, the trading symbol 'CMC' will remain unchanged after the listing on the TSX Venture Exchange.

What is the last trading day for Cielo Waste Solutions on the CSE?

The last day of trading for Cielo Waste Solutions on the CSE was June 23, 2021.

What impact does the TSXV listing have on Cielo Waste Solutions shares?

Listing on the TSXV is expected to improve liquidity and could attract more institutional investors, positively influencing share performance.