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Cielo Announces Signing of  Feedstock Supply Agreement for the First Commercial Waste to Energy Refinery

V.CMC

Cielo Announces Signing of  Feedstock Supply Agreement for the First Commercial Waste to Energy Refinery



Vancouver, British Columbia (FSCwire) - Cielo Waste Solutions Corp. ("Cielo" or the "Company")  On March 14, 2016 Cielo signed a multi-year feedstock agreement with Parkland Chips Products (“Parkland” or the “Supplier”). This contract allows Cielo to purchase enough sawdust and wood shavings to supply 50-100% of the feedstock requirements for the first unique commercial waste to renewable diesel refinery. 

 

Don Allan, President and CEO of Cielo, states: “This agreement provides an excellent renewable source of feedstock for our first refinery and future refineries.  While Parkland can supply 100% of our requirements, we will continue to diversify our feedstock to include many waste streams.”

 

Bill Poliakiwski, the President of Parkland Chip Products stated “We are very pleased to be able to supply our product to Cielo’s renewable-diesel refinery. We are so proud to be able to take part in such a green project, it is very exciting for all of us at Parkland.”

 

About Cielo Waste Solutions Corp.:

 

Cielo specializes in environmentally advanced technologies focused on materials recovery, renewable diesel and landfill reduction through responsible diversion practices. By incorporating the latest material recovery technologies, Cielo is able to achieve significant diversion from landfills while creating a feedstock specifically for renewable diesel. Cielo provides solutions for responsible waste management while also providing value added opportunities.

 

For more information on the Company, please contact

 

Don Allan, President, at (403) 348-2972 ext 222, or visit the Company’s website at www.cielows.com

 

Further information regarding the Company can be found on SEDAR at www.SEDAR.com or by visiting our profile on www.CSE.ca.

 

On Behalf of the Board of Directors

 

Don Allan

Chief Executive Officer

Tel: 403.348-2972 Ext. 222

Email: donallan@cielows.com

 

Certain statements contained in this release may constitute "forward–looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

 

These securities have not and will not be registered under United States federal or state securities laws and may not be offered or sold in the United States or to a U.S. Person unless so registered, or an exemption from registration is relied upon. This news release does not constitute an offer of securities for sale in the United States.

 

CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Cielo03162016.pdf

Source: Cielo Waste Solutions Corp. (CSE:CMC) http://www.cielows.com/

 

Maximum News Dissemination by FSCwire. http://www.fscwire.com

 

Copyright © 2016 Filing Services Canada Inc.







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