Cielo Waste Solutions Outlines New Corporate Strategy and Initiatives
Cielo Waste Solutions Announces Exciting Developments
CALGARY, Alberta — Cielo Waste Solutions Corp. (TSXV: CMC; OTC PINK: CWSFF) has recently provided important updates regarding its corporate operations and future initiatives. This communication highlights significant changes in the company's strategy and upcoming events aimed at better engaging with shareholders and stakeholders.
Upcoming Corporate Update Webinar
Cielo is thrilled to confirm that the highly anticipated corporate update webinar will take place shortly. With CEO Ryan C. Jackson and CFO Jasdeep K. B. Dhaliwal leading the session, the webinar is set for Thursday, April 17, 2025, at 2:00 PM Mountain Standard Time. During this event, Cielo's leadership will discuss ongoing strategic initiatives and the company’s outlook moving forward.
Webinar Information
Interested parties can expect to hear crucial insights during the one-hour session. Attendees will also be able to access a recording of the webinar on Cielo’s website shortly after the event concludes. This session will serve as a vital opportunity for investors to understand the company’s evolving strategy.
Strategic Corporate Direction
In line with its commitment to innovation, Cielo has made a strategic decision to shift its first planned commercial waste-to-fuel facility from Alberta to British Columbia. This facility aims to process scrap railway ties and transition from producing renewable diesel to generating green hydrogen. Such a pivot is designed to tap into the funding opportunities available through the British Columbia Low Carbon Fuel Standard credit program, enabling Cielo to better align with market demands.
The company is also engaged in productive discussions with a technology provider for a new project in British Columbia, which will utilize scrap railway ties as feedstock for hydrogen production. This exploration includes identifying additional potential projects in the United States, broadening Cielo's impact in the renewable fuel sector.
Cielo remains committed to addressing global waste challenges by transforming waste into valuable products, including renewable natural gas and low-carbon initiatives. Part of this commitment is to seek out new partnerships and funding opportunities to ensure sustainable growth while delivering innovative solutions to environmental concerns.
Dispute Resolution with Expander Energy
In a separate yet significant piece of news, Cielo has disclosed its intention to initiate a dispute resolution process with Expander Energy Inc. due to recent conflicts regarding numerous agreements. The company received termination notices relating to the License Agreement and Management Services Agreement from Expander, effective immediately.
Legal Proceedings
Following the termination notices, Cielo also received statements of claim related to the aforementioned agreements. The company is carefully reviewing these legal documents and collaborating with legal professionals to safeguard its interests and those of its shareholders. Cielo is committed to maintaining transparency and will provide updates as developments arise.
About Cielo Waste Solutions Corp.
Cielo Waste Solutions Corp. is dedicated to transforming waste into renewable fuels, thereby addressing pressing global waste issues while furthering a circular economy and reducing carbon footprints. Their pioneering approach aims to lead the wood by-product-to-fuels industry through innovative and sustainable technologies. With a focus on creating positive returns for shareholders, the company advocates for a shift in fuel types, emphasizing that changing the fuel can significantly impact the environment.
Contact Information
For more details, please reach out to Cielo Investor Relations:
Ryan C. Jackson, CEO
Phone: (403) 348-2972
Email: investors@cielows.com
Frequently Asked Questions
What is the focus of Cielo's upcoming webinar?
The webinar will focus on updates related to Cielo's strategic initiatives and future outlook, led by the CEO and CFO.
What changes is Cielo making to its facility plans?
Cielo is relocating its first commercial waste-to-fuel facility from Alberta to British Columbia and shifting its production focus to green hydrogen.
How is Cielo addressing the dispute with Expander Energy?
Cielo is engaged in a dispute resolution process and is working with legal professionals to review claims and ensure shareholder interests are protected.
What is Cielo's mission regarding renewable fuels?
Cielo aims to innovate in converting waste into high-value renewable fuels, contributing to the circular economy and reducing carbon emissions.
Who can I contact for more information about Cielo?
You can reach Cielo's Investor Relations team by contacting Ryan C. Jackson at (403) 348-2972 or via email at investors@cielows.com.
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