Cielo Advances Waste-to-Fuel Innovation with Project Nexus and Confirms Trading on OTCQB®

Rhea-AI Summary

Cielo Waste Solutions (OTCQB: CWSFF) has announced the launch of Project Nexus, its flagship clean fuels initiative in Northern British Columbia. The facility will focus on converting waste materials like creosote-treated railway ties, woody biomass, and agricultural residues into renewable natural gas and hydrogen.

The company has submitted a $5 million grant application under the Canadian Clean Fuels Fund and plans to pursue additional funding through various programs. Project Nexus will serve as the foundation for the NEXUS Platform, a scalable model designed for future waste-to-fuel facilities across Canada and global markets. Additionally, Cielo has commenced trading on the OTCQB Venture Market under the symbol "CWSFF" while maintaining its TSX Venture Exchange listing.

Positive

• Strategic location secured in Northern British Columbia for the flagship facility
• Potential access to multiple non-dilutive funding sources through government programs
• Expanded market access through new OTCQB trading platform
• Scalable business model through NEXUS Platform for future global expansion

Negative

• Project still in early stages, pending pre-FEED completion
• Grant funding not yet secured
• Significant capital requirements expected for facility development

Planned flagship facility, expected to serve as foundation for a scalable clean fuels model, progressing toward pre-FEED stage at Northern BC site; to be supported by grant applications, including the federal Clean Fuels Fund

CALGARY, Alberta, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV: CMC; OTCQB: CWSFF) (“Cielo” or the “Company”) is proud to announce the launch of its first commercial project and flagship clean fuels initiative, Project Nexus (“Project Nexus”). The building of this facility (the “Facility”), to be located in British Columbia, will represent both a major milestone for Cielo and the foundation for the development of what the Company refers to as the NEXUS Platform (the “NEXUS Platform”), a scalable model for future clean energy projects.

Project Nexus is being designed to transform challenging waste streams, including creosote-treated railway ties, woody biomass, and agricultural residues, into renewable fuels such as natural gas and hydrogen. Beyond its own commercial potential, Project Nexus is intended to serve as the proving ground for the NEXUS Platform, which is intended to provide a replicable framework for waste-to-fuel facilities in multiple jurisdictions.

Cielo’s long-term vision to evolve the NEXUS Platform from Project Nexus is intended to enable the Company to expand across Canada and into broader global markets. This phased approach is expected to allow Cielo to tailor proven technologies to local feedstocks and market conditions, and to allow for both flexibility and scalability.

First Facility Location Identified

The Company has identified a jurisdiction in Northern British Columbia for the Facility and is in the process of completing site due diligence before advancing to the pre-FEED (Front-End Engineering Design) stage, including preliminary engineering and technology integration.

“Project Nexus marks the beginning of a new chapter for Cielo,” stated Ryan Jackson, CEO of Cielo. “This flagship facility is being designed not simply as a stand-alone commercial project to convert waste into renewable natural gas and hydrogen but also to lay the groundwork for what we call the NEXUS Platform — a scalable model in development that can be replicated across Canada and into global markets. By starting here, we believe we are building the foundation for future projects designed to deliver lasting environmental and economic benefits well beyond this first site. We intend the launch of Project Nexus to signify the establishment of the cornerstone of our growth strategy, to position Cielo at the forefront of Canada’s clean energy transition and to pave the way for global waste-to-fuel innovation.”

Grants and Funding

To accelerate early-stage progress, Cielo has submitted a $5 million grant application under the Canadian Clean Fuels Fund and intends to pursue additional funding under programs such as the CleanBC Industry Fund, the Strategic Innovation Fund, and BC’s Low Carbon Fuels Initiative Agreements. If secured, these programs will provide non-dilutive opportunities for Cielo to significantly reduce capital requirements and enhance project economics as Project Nexus advances.

In addition, the Company is encouraged by the Government of Canada’s September 5, 2025 announcement of a new Biofuels Production Incentive, a $370 million program aimed at strengthening the competitiveness of Canada’s low-carbon fuel producers¹. While this program is not expected to directly benefit Project Nexus, the Company believes it reflects a broader federal commitment to advancing clean energy and fuels. As Project Nexus advances and the NEXUS Platform takes shape, such measures are expected to complement existing programs like the Clean Fuels Fund and CleanBC Industry Fund and to contribute to a more supportive operating environment and long-term outlook for Canadian producers of renewable fuels, including renewable natural gas and hydrogen.

“Federal measures like the new Biofuels Production Incentive indicate to us that Canada is committed to building a strong, competitive clean fuels industry,” added Mr. Jackson. “While our focus today is renewable natural gas and hydrogen, the flexibility of the NEXUS Platform is expected to allow the Company to adapt as incentives and market conditions evolve, positioning Cielo to potentially pursue opportunities across multiple clean fuel pathways.”

OTCQB Trading

Cielo is also pleased to announce that its common shares have commenced trading on the OTCQB® Venture Market ("OTCQB") under the symbol “CWSFF”. The Company's common shares continue to trade on the TSX Venture Exchange in Canada under the symbol "CMC".

The OTCQB, operated by OTC Markets Group, is a U.S. trading platform designed for early stage, entrepreneurial, and development stage U.S. and international companies. To qualify for OTCQB, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. Investors can find real time quotes and market information on the Company at www.otcmarkets.com.

ABOUT CIELO

Cielo Waste Solutions Corp. is a publicly traded company focused on transforming waste materials into high-value products. Cielo seeks to address global waste challenges while contributing to the circular economy and reducing carbon emissions. Cielo is fueling environmental change with a mission to be a leader in the wood by-product-to-fuels industry by using environmentally friendly, economically sustainable and market-ready technologies. Cielo is committed to helping society by providing environmental waste solutions, which the Company believes will contribute to generating positive returns for shareholders. Cielo shares are listed on the TSX Venture Exchange under the symbol “CMC,” as well as on the OTC Pink Market under the symbol “CWSFF.”

For further information please contact:

Cielo Investor Relations

Ryan C. Jackson, CEO
Phone: (403) 348-2972
Email: investors@cielows.com

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 Cielo, 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. Forward-looking statements and information are based on plans, expectations and estimates of management at the date the information is provided and are subject to certain factors and assumptions. The Company is making forward-looking statements, including but not limited to, with respect to: the development, timing, feedstocks and products arising from, and advancement of Project Nexus and the Facility; the ability for Project Nexus to serve as the foundation for the Nexus Platform; the Nexus Platform and the anticipated benefits and scalability and flexibility thereof; the Company’s intention and ability to secure grant funding, including under the Canadian Clean Fuels Fund and other programs; the expected outcomes of site due diligence and progression to the pre-FEED stage; and the Company’s broader strategic vision to expand across Canada and into global markets and potentially multiple clean fuel pathways.

Investors should continue to review and consider information disseminated through news releases and filed by Cielo on SEDAR+. Although the Company has attempted to identify crucial 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 Cielo’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, the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

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

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¹ Canada. Office of the Prime Minister. (2025, September 5). Prime Minister Carney launches new measures to protect, build, and grow communities. Retrieved September 9, 2025, from https://www.pm.gc.ca/en/news/backgrounders/2025/09/05/prime-minister-carney-launches-new-measures-protect-build-and

FAQ

What is Cielo's Project Nexus and where will it be located?

Project Nexus is Cielo's flagship clean fuels facility that will be located in Northern British Columbia, designed to convert waste materials into renewable natural gas and hydrogen.

How much funding has CWSFF applied for under the Canadian Clean Fuels Fund?

Cielo has submitted a $5 million grant application under the Canadian Clean Fuels Fund and plans to pursue additional funding through other programs like CleanBC Industry Fund and Strategic Innovation Fund.

What types of waste will Cielo's Project Nexus process?

The facility will process creosote-treated railway ties, woody biomass, and agricultural residues to produce renewable fuels.

What is Cielo's NEXUS Platform?

The NEXUS Platform is a scalable model being developed through Project Nexus that can be replicated across Canada and global markets for future waste-to-fuel facilities.

Which stock exchanges does Cielo trade on?

Cielo trades on the OTCQB Venture Market under the symbol 'CWSFF' and on the TSX Venture Exchange under the symbol 'CMC'.