Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s):  V.CMC.WT | CWSFF

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood derivative waste into valuable fuel. Its facilities are designed to operate with no harmful emissions and through the conversion of waste-to-fuel, it can help reduce methane emissions from landfills, as well as reduce reliance on imported biofuels made from agricultural products. The Company’s Aldersyde Demo Facility is located approximately 25 kilometers south of Calgary, features a 2.5-acre site and a plant which provides proof of concept that can convert wood waste biomass to fuel.


TSXV:CMC - Post by User

Comment by sam2100on Mar 12, 2021 6:02pm
375 Views
Post# 32790995

RE:RE:RE:RE:RE:RE:RE:TradeTracer:

RE:RE:RE:RE:RE:RE:RE:TradeTracer:In the short term continuous running at the Aldersyde plant is the major "catalyst".

For the long term, have a read of the posts on this board.


"Pursuant to the terms of the MOU, RUEI is required to pay a Joint Venture Fee (“JV Fee”) of CDN $250,000 per Territory, CDN $750,000 in aggregate (the “JV Fees”). Cielo confirms receiving a deposit of CDN $250,000. The balance is expected to be delivered on or before March 31, 2021. Cielo and REUI intend to enter into one or more definitive agreements forming the joint ventures contemplated in the MOU within 30 days of Cielo producing continuously 24 hours a day, 7 days a week for 60 days, a minimum of 500 litres per hour of renewable fuel from garbage at the Company’s facility in Aldersyde, Alberta."
<< Previous
Bullboard Posts
Next >>