Welcome to our dedicated page for Cielo Waste Solu news (Ticker: CWSFF), a resource for investors and traders seeking the latest updates and insights on Cielo Waste Solu stock.
Cielo Waste Solutions Corp. develops clean energy products projects that convert waste-derived feedstocks into sustainable aviation fuel and other low-carbon energy products. The company’s recurring news centers on Project Nexus, the Nexus Platform, feedstock and technology partnerships, project evaluation and engineering work, and financing or grant-related steps tied to waste-to-energy development.
Company updates also include capital-structure actions, securities-for-debt transactions, stock option grants, exchange trading status, and shareholder communications following Cielo’s restructuring, wind-down of legacy operations, and strategic pivot toward sustainable aviation fuel projects across North America.
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.
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