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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 lscfaon Jan 06, 2022 10:53pm
344 Views
Post# 34291615

AIF filed on sedar

AIF filed on sedarShort form prospectus imminent.

The cost requirements for Cielo to execute on its business strategy until the end of 2022 are:
• Estimated cost requirement of approximately $11.5 million to achieve steady-state production on a commercial scale at the Aldersyde Facility
• Estimated cost requirement of approximately $11.0 million on the design, procurement, and construction of the R&D Facility
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