01:15:10 EDT Fri 10 Oct 2025
Enter Symbol
or Name
USA
CA



Cielo Waste Solutions Corp (2)
Symbol CMC
Shares Issued 128,964,242
Close 2025-10-08 C$ 0.055
Market Cap C$ 7,093,033
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Cielo Waste arranges $2-million private placement

2025-10-09 15:21 ET - News Release

Mr. Ryan Jackson reports

CIELO ANNOUNCES PRIVATE PLACEMENT OF UNITS

Cielo Waste Solutions Corp. has arranged a non-brokered private placement financing for gross proceeds of up to $2-million through the issuance of up to 40 million units at a price of five cents per unit.

Each unit comprises one common share of the company and one whole common share purchase warrant of the company, with each warrant entitling the holder thereof to purchase one common share at a price of seven cents per common share for a period of two years from the date of issuance.

Net proceeds of the offering are anticipated to be used for the development and early-stage engineering of the company's proposed waste-to-hydrogen facility in British Columbia, including regulatory and incentive application work, as well as general working capital purposes, including the payment of approximately $750,000 under the terms of the settlement agreement (as defined in and further described in the company's news release dated April 30, 2025) with Expander Energy Inc.

Closing of the offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSX Venture Exchange. While the offering is non-brokered, the company may pay finders' fees in cash or securities to certain arm's-length finders engaged in connection with the offering, subject to the approval of the exchange. All securities issued in connection with the offering will be subject to a hold period of four months plus one day from the date of issuance and applicable securities legislation.

Ryan Jackson, chief executive officer of the company, stated: "This financing represents, in effect, a continuation of the previously announced and closed $3-million unit offering, of which approximately $1-million was raised. In addition to the final payment of funds to Expander, these additional funds will allow Cielo to maintain momentum on Project Nexus in Northern British Columbia in continuing to advance regulatory and engineering milestones."

About Cielo Waste Solutions Corp.

Cielo Waste Solutions 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 fuelling environmental change with a mission to be a leader in the wood-byproduct-to-fuel 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-V under the symbol CMC as well as on the OTC Pink Market under the symbol CWSFF.

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