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Cielo Waste Solutions Inc. becomes a member of the 8020 Community

Cielo Press

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Cielo Corporate Update

Cielo Opportunities Open into Kazakhstan
2014-08-06

Surrey, British Columbia, Canada
August 6, 2014
CSE: CMC

Cielo Waste Solutions Corp. ("Cielo" or the "Company") is pleased to announce that on July 31, 2014, Cielo entered into a non-binding Letter of Intent ("LOI") with Kazgreen SA of Lausanne, Switzerland ("Kazgreen") with the intent for the Company to form a Joint Venture (the "JV") corporation to own and operate a waste to fuel facility in Almaty, Kazakhstan. The terms and structure of the JV are to be negotiated in a forthcoming Definitive Agreement (the "Agreement"). The anticipated value of this first potential deal with Kazgreen is estimated to be in the $100mm (Cdn.) range, which would be subject to determination of the material terms in the Agreement.

In the general terms of the LOI, and in accordance with Cielo's Business Plan; "Towards a Zero Waste Future in Kazakhstan," Cielo intends to design, build and operate a waste to fuel facility in Kazakhstan. Cielo will retain ownership of the technology and intellectual property (the "IP and Technology") but will enter into a license agreement with Kazgreen for the use of the IP and Technology in Kazakhstan.

It is intended that the equipment will be showcased at the 2017 World Expo in Astana, Kazakhstan. EXPO 2017's Future Energy theme will promote efforts to find sustainable energy solutions to meet growing global demand. EXPO 2017 will last for three months, include representatives from approximately 100 countries, and it is expected to draw three to five million visitors which will make it the largest international gathering of its kind that Central Asia has ever seen. It will be held during Astana's 20th anniversary as the nation's capital and celebrate the emergence of independent Kazakhstan and the wider region as the energy and communications hub of Europe, Asia and the Middle East since the collapse of communism.

Mr. Don Allan, President & CEO of the Company stated, "we are excited to be conducting business in Kazakhstan as it proves to be an excellent opportunity to showcase our technology to the world. Cielo would like to extend a special thank you to IB Corporate Advisors Inc. and R&A Group who have both been instrumental in developing and facilitating this exciting opportunity. We look forward to continuing our work with these companies on this and on future projects."

The LOI is non-binding and constitutes a declaration of intent only and creates no liability or obligation of any nature whatsoever among the two parties with respect to any completed transaction. Cielo will announce entry into the Definitive Agreement if and when material terms of the JV are determined and agreed upon by Cielo and Kazgreen.

About Kazgreen.

Kazgreen was founded in September 2007 in Lausanne, Switzerland and is active in the industry of renewable energies, mainly in the field of biofuels. Its initial purpose was to produce biodiesel for the local market.

About Cielo Waste Solutions

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 our renewable diesel.

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

Jeff Walker or Brad Dryer, The Howard Group Inc. at 403-221-0915
jeff@howardgroupinc.com
brad@howardgroupinc.com

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