Cielo Waste Solutions Corp. V.CMC

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

Energy Oil & Gas Refining & Marketing

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.

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Cielo Waste Solutions Corp. > jv funding

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Comment by JustLooknon May 24, 2021 9:59am

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Post# 33256670

RE:RE:RE:RE:jv funding

lscfa wrote:
slide 10 says RUEI expects more equity raises over the next 12 months. No one lends 100% debt to a project and even high debt projects need assurances that the debt can be repaid such as long term off take contracts.

I agree with you 100% financing does not seem possible. I see my mistake, I thought this offering brought the total to the 20 million, it only brings it to 18 million leaving more room for future raise. Thanks for clarification.

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