Cielo Announces up to $6 Million Proposed Non-Brokered Private Placement of Flow-Through Shares

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Last update: Dec 7, 2023

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CALGARY, Alberta, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV: CMC; OTCQB: CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, is pleased to announce that it is proposing to complete a flow-through private placement on a non-brokered basis (the "Private Placement"). The Company intends to raise up to $6 million in gross proceeds by issuing up to 150,000,000 flow-through shares (the "FT Shares") at a price of $0.04 per FT Share.