December 2017

S M T W T F S
     
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
      
Cielo Waste Solutions Inc. becomes a member of the 8020 Community

Cielo Press

<< Back to Article List

Cielo Corporate Update

Cielo Annouces Private Placement And Closing Of First Tranche
2015-04-09

SURREY, British Columbia, Canada
April 9, 2015
CSE:CMC

Cielo Waste Solutions Corp. ("Cielo" or the "Company") is pleased to announce a non-brokered private placement offering (the "Private Placement") of up to CAD $250,000 in secured convertible debentures (the "Convertible Debentures"), with a minimum subscription of $25,000 per subscriber. The Convertible Debentures will mature two (2) years from the date of issuance, carry an interest rate of 12.5% per annum, and be convertible at the option of the holder at a price of $0.10 per common share of Cielo. The Private Placement is expected to have multiple closings, the last closing anticipated to be July 15, 2015.

The proceeds of the Offering will be used for general working capital and professional fees. In the event that sufficient funds are raised, a portion of the net proceeds will be used to repay a portion of Cielo's indebtedness. Cielo is also happy to announce that it has closed the first tranche of this Private Placement for total proceeds of $100,000.

All securities issued in connection with the Offering will be subject to a statutory four month hold period. Cielo has also moved its operational headquarters and offices to its Red Deer, AB warehouse that contains the working demonstration plant. The registered office in British Columbia has also changed.

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, or visit the Company's website at www.cielows.com

Jeff Walker, The Howard Group Inc. at 403-221-0915
jeff@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
Email: donallan@cielows.com