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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

Post by Yehooton Jul 14, 2021 5:18pm
634 Views
Post# 33546841

Frankfurt delisting

Frankfurt delisting
Hi any european investors in this board, I got a message from my broker that Cielo is getting delisted by the frankfurt exchange. From tomorrow I can't buy shares on there and I have until 18 August to sell my shares. This is due to Cielo not having a Legal Entity Identifier number. I've asked the company if they are going to apply for one to remain listed, am waiting for a response and will post here if I hear anything. Don't want to have to sell and then buy on the tsvx with such a volatile share price, the chance of a significant news release coming out and a capital gain tax exposure to needlessly arise. Volume wise its not so important at the moment for the company to remain since exchange uplisting (as only 167k shares traded on frankfurt today).
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