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Cielo Announces Conversion of Convertible Debentures
Cielo Announces a Memorandum of Understanding With NXGEN Global Inc., Update on Purchase of Land and Related Matters
Cielo Completes Acquisition of Property to Construct its First Renewable Fuel Refinery

Cielo Press

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Cielo Corporate Update

Cielo Announces Execution of Asset Purchase Agreement with BHBD
2014-07-18

Surrey, British Columbia, Canada
July 18, 2014
CSE:CMC

Cielo Waste Solutions Corp. ("Cielo" or the "Company") Cielo is pleased to announce the execution of the asset purchase agreement (the "Agreement") relating to the previously announced proposed acquisition of intellectual property assets from Blue Horizon Bio-Diesel Inc. ("BHBD").

Don Allan, President of Cielo stated, "We are pleased to have finalized the purchase agreement. This is a major step towards the development and activation of Cielo's first commercial waste to fuel refinery."

The purchase agreement allows Cielo to acquire the assets including all right, title and interest in and to the intellectual property in the new technology for use in its business. The total cost of the acquisition is $5.25 million CAD and will be paid for through the issuance of a total of 21 million common shares valued at $0.25.

To date a total of three installments of 3 million shares have already have been transferred to BHBD pursuant to the initial interim agreements (the "Initial Agreements"). The remaining 18 million shares will be issued through a onetime stock issuance on July 18, 2014.

Pursuant to the Agreement, Cielo has also assumed certain liabilities of BHBD equal to CAD $1,500,933.30.

On July 11, 2013 Cielo initially announced that, pursuant to the Initial Agreement, it would acquire all assets of BHBD for $4.5 million CAD. The purchase price has been increased as a result of the inclusion of the Alberta Bio-Diesel Producer Credit Program (BPCP), which was not included in the initial assessment.

BHBD will become a control person as a result of this transaction.

About Cielo Waste Solutions Corp.:

Cielo specializes in environmentally advanced technologies focused on materials recovery, renewable diesel and landfill reduction through responsible diversion practices. By incorporating the latest material recovery technologies, Cielo is able to achieve significant diversion from landfills while creating a feedstock specifically for renewable diesel. Cielo provides solutions for responsible waste management while also providing value added opportunities.

For more information on the Company, please contact

Don Allan, President, at (403) 348-2972 ext 224, or visit the Company's website at www.cielows.com

Or Jeff Walker, The Howard Group Inc. at 403-221-0915 or

Further information regarding the Company can be found on SEDAR at www.SEDAR.com or by visiting our profile on www.CNSX.ca.

On Behalf of the Board of Directors
"Don Allan"
Chief Executive Officer
Tel: 403.348-2972 Ext. 224
Email: donallan@cielows.com