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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 Settling of Debt
2015-11-04

SURREY, British Columbia, Canada
November 4, 2015
CSE:CMC

Cielo Waste Solutions Corp. ("Cielo" or the "Company") is pleased to announce the settlement of indebtedness of the Company (the "Debt Settlement") in the aggregate of CAD $239,729.27 (the "Debt Amount") through the issuance of 4,794,580 common shares in the capital stock of Cielo (the "Common Shares"), at a price of $0.05 per Common Share. Securities issued in connection with the Debt Settlement will be subject to a statutory four month hold period.

The Company would also like to announce the engagement of Orca Capital GMBH ("Orca") and Int'l E-Trade Equities Ltd. ("Int'l", together with Orca the "IR Firms") to provide Investors Relation services and ongoing networking and business consulting. Each of Orca and Int'l were engaged on May 1st, 2015 for an initial period of six (6) months to help bring in potential accredited investors as well as consulting on IR strategies for the company's future. The Company has extended the term of engagement for each of the IR Firms for an additional period of six (6) months. The initial engagement of the IR Firms, due to inadvertence, was not previously disclosed. A portion of the Debt Settlement will be issued to Orca and Int'l as payment for fees for services performed by the respective IR Firms. Don Allan, CEO of Cielo, stated "Both of these two companies have been looking at opportunities to dual list our company on overseas markets and have been bringing very strong interest into our stock. We are very pleased that they both have agreed to become shareholders and continue to work with Cielo on building it into a world class green energy company".

About Orca Capital GmbH:

Orca Capital GmbH is an independent brokerage company which is active in all the world's main stock markets. The services portfolio of Orca Capital GmbH includes worldwide investment, proprietary trading, block trading and bond trading. This is where Orca is able to put many years' experience and network of international contacts into effect. Orca Capital GmbH has its offices in the northern part of Munich, in one of the strongest growth and highest income areas anywhere in Germany.

About Int'l E-Trade Equities Ltd.:

Int'l is a full-service corporate advisory boutique, specializing in Business Consulting and Corporate Finance. Our services are designed to meet the ongoing needs of businesses from start-up through to exit, and everything in between. Int'l goal is to assist small and medium sized businesses reach their growth objectives and build long-term, sustainable profits for their shareholders. Int'l team of experts has built a strong reputation for delivering exceptional results even in the most complex of situations. Int'l company is managed by two driven and successful individuals. Both possess strong leadership and the necessary passion for Int'l clients to succeed.

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

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

On Behalf of the Board of Directors

"Don Allan"
Chief Executive Officer
Tel: 403.348-2972 Ext. 222
Email: donallan@cielows.com

Certain statements contained in this release may constitute "forward-looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated", "anticipates" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

These securities have not and will not be registered under United States federal or state securities laws and may not be offered or sold in the United States or to a U.S. Person unless so registered, or an exemption from registration is relied upon. This news release does not constitute an offer of securities for sale in the United States.

CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.