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.

TSXV:CMC - Post by User

Cielo Waste Solutions Corp. > jv funding

<< Previous

Bullboard Posts

Next >>

Comment by JustLooknon May 24, 2021 11:35am

181 Views

Post# 33256953

RE:RE:RE:RE:RE:jv funding

Stockhudson wrote: so is FCF and REUI two different entities here??? sorry to be a pain but doing the DD is long and twisted road in CMC s case not saying anything is out of line here but that road is not paved all the way up to the pot of gold GLTA

They are 2 different entities. RUEI is the JV partner for 9 locations, currently raising funds to open those same 9 jv plants. The jv agreement is still subject to cielo producing low sulfur diesel continously for 60 days. FCF has help cielo recently raise $10 million via convertible debt.

<< Previous

Bullboard Posts

Next >>

The top TSX healthcare stocks under $1