Cielo Waste Solutions Corp. V.CMC.WT

Primary Symbol: V.CMC Alternate Symbol(s): 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. > first choice financial

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Post by odzie1on Mar 20, 2022 3:47pm

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first choice financial

Looks like FCF believes cielo will be around for a while.

FCF is pleased to support Cielo's vision to lead the waste-to-fuel industry using environmentally friendly, economically sustainable technology", said Vikas Sharma, Chief Executive Officer of FCF. "FCF looks forward to continuing to support Cielo in achieving its milestones."

The Loan Extension has greatly improved the Company's liquidity and reduced the short-term liabilities that become due in the next 12 months.

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