|Bid||0.0950 x 0|
|Ask||0.1000 x 0|
|Day's Range||0.1000 - 0.1000|
|52 Week Range||0.0600 - 0.1800|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Renewable U Halifax is one of multiple corporations under the "Renewable U" name ("Renewable U Companies"), with which Cielo has entered into memorandums of understanding on substantially the same terms as this MOU (the "Prior MOUs"), as previously announced. Renewable U Halifax and Cielo will be working towards entering into a joint venture agreement ("JV Agreement") contemporaneously with the joint venture agreements to be entered into with the other Renewable U Companies, which will provide the framework to build and operate a 4,000 liter per hour joint venture refinery ("JV Refinery") in Nova Scotia that will be engineered to operate 24 hours a day, 341 days per year.
VANCOUVER, BC / ACCESSWIRE / January 7, 2020 / Cielo Waste Solutions Corp. (CSE: CMC - OTCQB: CWSFF) ("Cielo" or the "Company") and Renewable U Grande Prairie Inc., Renewable U Medicine Hat Inc., Renewable U Brooks Inc., Renewable U Lethbridge Inc. and Seymour Capital Incorporated, (collectively "the JV Companies") have agreed to extend the deadline by which they will enter into the previously announced joint venture agreements to March 31, 2020. Over the past six months, Cielo has been implementing enhancements to the Company's waste-to-energy refinery in Aldersyde, Alberta ("Aldersyde Refinery"), which has resulted in plans to scale up production of the Follow-On JV Refineries to produce 4,000 liters of renewable fuels per hour and operate 24 hours a day, 341 days per year, which is double the production originally contemplated.
VANCOUVER, BC / ACCESSWIRE / December 17, 2019 / Cielo Waste Solutions Corp. (CSE:CMC - OTCQB:CWSFF) ("Cielo" or the "Company") is pleased to announce the appointment of Lionel Robins to the Board of Directors of Cielo. Mr. Robins is a serial entrepreneur residing in Grande Prairie, Alberta. Mr. Robins is actively involved in the local community and is the principal of a number of local businesses, including a trucking company, five car-dealerships and a real-estate company that collectively employs approximately 200 individuals.
The Company will trade on the OTCQB under symbol "CEIWF" and the Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol "CMC". "We anticipate that in addition to our CSE listing, trading on the OTCQB will raise our visibility within the U.S. investment community and will help us to broaden our shareholder base by facilitating easier access for U.S. investors to acquire shares in Cielo," said Mr. Don Allan, President and CEO.
The Agreement is effective as of October 31, 2019 and will expire on October 31, 2025. The Agreement entitles Cielo to receive scrap rail ties from CP to use as feedstock in the production of high-grade renewable fuels, in one of its future follow-on waste to energy green refineries. Over the past approximately 18 months, Cielo has worked with CP to obtain a number of scrap rail ties for due diligence testing and has consistently achieved positive preliminary results.
VANCOUVER, BC / ACCESSWIRE / August 30, 2019 / Cielo Waste Solutions Corp. (CMC.CN)(OTC:CEIWF) ("Cielo" or the "Company") is pleased to announce that it has received the balance of the $250,000 joint venture fee (“JV Fee”) from Renewable U Lethbridge Inc. (“Renewable U LA”) pursuant to a Memorandum of Understanding between Cielo and Renewable U LA (the “MOU”) as announced on July 30, 2019. Renewable U LA advanced $100,000 to Cielo upon the signing of the MOU and has now delivered the balance of the fee to secure the territory of Lethbridge, AB and the area encompassing a 100-km radius around Lethbridge.
VANCOUVER, BC / ACCESSWIRE / July 30, 2019 / Cielo Waste Solutions Corp.(CMC.CN)(OTC:CEIWF) ("Cielo" or the "Company") announces that it has entered into a Memorandum of Understanding (“MOU”) with Renewable U Lethbridge Inc. ("Renewable U LA") to build a renewable diesel refinery in the City of Lethbridge, Alberta. Renewable U LA and Cielo are now working towards entering into a joint venture agreement ("JV Agreement") that will provide the framework to build and operate a joint venture refinery that converts garbage into high grade renewable fuels utilizing Cielo’s proprietary technology (“JV Refinery").
VANCOUVER, BC / ACCESSWIRE / July 16, 2019 / CSE: CMC: Cielo Waste Solutions Corp. ("Cielo" or the "Company") confirms the closing of $1,530,000 in gross proceeds in the final tranche (“Final Tranche”) of its previously announced private placement of convertible debenture units (“Offering”). A total of $5,121,250 in gross proceeds was raised pursuant to the Offering. On May 7, 2019, Cielo announced a private placement of convertible debentures units (the “Unit(s)”) with each Unit consisting of one (1) $10,000 unsecured convertible debenture (the “Debenture(s)”) and 5,000 share purchase warrants (the “Warrant(s)”), (the “Offering”).
ALDERSYDE, AB / ACCESSWIRE / July 11, 2019 / (CMC.CN) Cielo Waste Solutions Corp. (“Cielo” / “Company”) today announced that its refinery using cutting edge technology to convert most types of household and industrial waste into high grade diesel fuel is now operational. Using a proprietary technology (Cielo holds the global licence), the Company plans to add four more refineries in Alberta, and then expand to other markets in Canada and abroad.
VANCOUVER, BC / ACCESSWIRE / June 11, 2019 / CSE: CMC: Cielo Waste Solutions Corp. ('Cielo' or the 'Company') is pleased to announce that it will be holding the "Grand Opening" of its renewable fuels refinery in Aldersyde, Alberta (the "Refinery") on July 11th, 2019 between noon and 3 PM MST. Tours will be offered to interested parties and, in the spirit of the Calgary Stampede, there will be food, refreshments and entertainment provided. Cielo has been working diligently since its temporary shut-down of the Refinery, as announced on May 7, 2019, in order to facilitate the installation of its new heater equipment and waste recovery process.
VANCOUVER, BC / ACCESSWIRE / May 7, 2019 / CSE: CMC: Cielo Waste Solutions Corp. ("Cielo" or the "Company") announces a private placement of convertible debenture units, an operational update and conference call details for May 10th, 2019. Cielo announces a private placement offering of a targeted minimum of CAD $1,000,000 in convertible debentures units (the "Unit(s)"). Each Unit will consist of one (1) $1,000 unsecured convertible debenture (the "Debenture(s)") and 500 share purchase warrants (the "Warrant(s)").
VANCOUVER, BC / ACCESSWIRE / April 18, 2019 / CSE: CMC: Cielo Waste Solutions Corp. ('Cielo' or the 'Company') is pleased to announce that, prior to adding the desulphurization unit, on which Cielo is currently working, the Company has achieved an important milestone by selling the first 5,000 liters of high grade renewable diesel to its first customer at $1.00 per litre. This sale confirms that, even before desulphurization occurs, there is a potential market for Cielo's renewable fuels, which are being produced by converting wood waste into a saleable renewable diesel product using Cielo's proprietary process.
VANCOUVER, BC / ACCESSWIRE / April 1, 2019 / CSE: CMC: Cielo Waste Solutions Corp. ("Cielo" or the "Company") announces that Renewable U Energy Inc. ("Renewable U") has exercised its option to enter into a joint venture with Cielo in the City of Brooks, Alberta, for the purposes of building one or more refineries. As such, Cielo and Renewable U have executed a binding Memorandum of Understanding ("MOU").
VANCOUVER, BC / ACCESSWIRE / March 20, 2019 / (CMC.CN) Cielo Waste Solutions Corp. ("Cielo" / "Company") would like to take an opportunity to provide an update on operations and corporate activities as well as achievements over the past year along with pending Milestones. The past 12 months have been very active and positive for Cielo. Cielo has continued to move its technology forward and has made significant strides towards having its Aldersyde renewable fuel refinery (the "Aldersyde Refinery") up and running on a continuous flow basis.