Cielo Waste Solu Stock Price, News & Analysis

Cielo Waste Solutions (TSXV:CMC; OTC PINK:CWSFF) has announced the cancellation and rescheduling of its annual general meeting (AGM) originally planned for October 29th, 2024. The meeting will be rescheduled for the week of December 16, 2024, with the exact date to be determined. The Board's decision was primarily due to technical difficulties. Instead of using Microsoft Teams, the rescheduled AGM will be held in-person to enhance efficiency, transparency, and communication. A new Notice of Meeting and Management Information Circular will be distributed to shareholders and filed on SEDAR+.

Cielo Waste Solutions (TSXV:CMC; OTC PINK:CWSFF) announces its virtual Annual General Meeting (AGM) scheduled for Tuesday, October 29, 2024, at 10 a.m. MT. The company has extended the proxy voting deadline to Monday, October 28, 2024, at 2 p.m. MT to provide shareholders additional time to vote. Shareholders can attend virtually through Microsoft Teams using the provided link, meeting ID, and passcode. Meeting materials are available on SEDAR+ and the company's website. Management encourages advance proxy voting while noting that proxy voters can still participate in the AGM's question and answer session.

Cielo Waste Solutions Corp. (TSXV:CMC; OTC PINK:CWSFF) provides an update on its binding letter of intent (LOI) to acquire the Carseland Facility from Rocky Mountain Clean Fuels Inc. The transaction aims to position Cielo for commercial production and revenue generation. The facility uses patented Enhanced Gas-To-Liquids technology to produce synthetic diesel and jet fuel. Cielo plans to enhance the process by building a gasifier to deploy its licensed Enhanced Biomass to Liquids technology, resulting in Bio-Synfuels with near net-zero carbon intensity.

The closing date has been extended for additional due diligence. Cielo has also engaged Integral Wealth Securities as a market maker for a monthly fee of $6,000. Additionally, the company has terminated its proposed private placement offering of convertible debenture units due to current market conditions.

Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) will participate in the Canadian Climate Investor Conference (CCIC) on June 25, 2024, in Toronto. CEO Ryan Jackson will present details about Cielo's recent acquisition of a gas-to-liquids processing facility in Carseland, Alberta, and the planned expansion to produce renewable fuel from wood waste. This event, hosted by the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), offers Cielo a platform to engage with stakeholders and discuss its long-term growth strategy.

Cielo Waste Solutions announced the final closing of its non-brokered private placement of unsecured convertible debenture units, raising a total of C $2.13 million. The last tranche included 90 units for C $90,000, resulting in 90 debentures and 225,000 warrants. Each debenture unit is priced at C $1,000 and includes 2,500 detachable share purchase warrants. The debentures accrue interest at 12% per annum, payable semi-annually and are convertible into common shares at C $0.40 per share. The warrants allow purchase of shares at C $0.70 per share for 24 months. The proceeds will fund renewable fuel projects in Alberta and general corporate purposes.

Cielo Waste Solutions Corp. (TSXV: CMC; OTCQB: CWSFF), a renewable fuel company, announced the appointment of MNP LLP as their new auditor.

This change is in line with the company's ongoing strategy to improve financial oversight and corporate governance. The necessary documentation has been filed on www.sedarplus.ca.