CIELO WASTE SOLUTIONS CRP - CWSFF STOCK NEWS

Cielo Waste Solutions Corp. (TSXV: CMC; OTCQB: CWSFF) is proposing a flow-through private placement to raise up to $6 million in gross proceeds by issuing up to 150,000,000 flow-through shares at a price of $0.04 per FT Share. The purpose is to advance Cielo’s first commercial waste-to-fuels facility in Carseland, Alberta, utilizing the recently acquired EGTLTM technology under exclusive license to Cielo. The closing is subject to regulatory approvals, including the approval of the TSX Venture Exchange. Insiders may participate in the Private Placement, subject to exemptions from valuation and minority shareholder approval requirements. Finders’ fees may be paid in connection with the Private Placement in cash, securities, or a combination of both.

Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) announces a debt repayment agreement of $62,000.00 through share issuance, a delay in the approved share consolidation, and the filing of a new U.S. non-provisional patent application. CEO Ryan Jackson attended the COP28 Climate Summit Roundtable.

Cielo Waste Solutions Corp. (CMC on TSXV, CWSFF on OTCQB) announces the purchase of land in Dunmore, Alberta for a full-scale waste-to-fuel facility. The acquisition is expected to close on January 5th, 2024, following an extension of the condition deadline to December 15th, 2023. Cielo also provides updates on the proposed securities consolidation and the Termination Agreement with Renewable U Energy Inc.

Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) has closed the asset purchase transaction with Expander Energy Inc., acquiring assets and liabilities to operate EBTL™ and BGTL™ technologies. The completion of the Transaction will accelerate Cielo's timeline to revenue and enhance its existing proprietary Thermal Catalytic Depolymerization (TCD) technology.

Cielo Waste Solutions Corp. provides an update on the closing of its asset purchase transaction with Expander Energy Inc. The Transaction is expected to close in the coming days, and the trading halt will be lifted once it is closed. The CEO of Cielo attended the Annual Railway Tie Association Symposium and Technical Conference 2023.

Cielo Waste Solutions Corp. announces Q1 2024 highlights and financial results. Key highlights include obtaining a $5 million mortgage loan facility, executing agreements for land purchase and asset acquisition, and completing the sale of the Fort Saskatchewan property. Net loss for Q1 2024 was $4.8 million, $23 million less than the same period last year. Operating cash flow was negative at $1.4 million. Outlook includes the completion of an asset purchase transaction, closing of a minimum of C$45 million, and acquisition of land in Dunmore, Alberta.

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Cielo Waste Solutions Corp. has executed an asset purchase agreement with Expander Energy Inc. for the purchase of certain assets and liabilities to operate the EBTL™ and BGTL™ technologies business. The acquisition is expected to accelerate Cielo's timeline to commercialization and enhance its existing TCD technology. The Proposed Transaction includes exclusive licenses in Canada and the US. Projected financial metrics for the first two proposed projects are provided. Expander's expertise is expected to improve Cielo's proprietary technology. The consideration for the acquisition is C$45,323,785.30 in common shares of Cielo, resulting in Expander owning 49.9% of the issued shares post-closing.