Cielo Waste Solutions Shares AGM Achievements and Funding Plans

Author: Olivia Taylor Updated: 06-30-2025 07:20 AM

Annual General Meeting Highlights of Cielo Waste Solutions

CALGARY, Alberta – Cielo Waste Solutions Corp. (TSXV: CMC; OTC PINK: CWSFF) is delighted to present the outcomes of its recent annual general and special meeting of shareholders. The meeting successfully took place, with significant decisions made regarding the company's direction and leadership.

Shareholder Decisions Unanimously Approved

During the meeting, shareholders expressed strong support for management's proposals. Key outcomes included:

Setting the Board of Directors' size at four members for the upcoming year.
Electing management-nominated directors for the ensuing year.
Appointing MNP LLP as the official auditor for Cielo.
Reapproving the rolling stock option plan which aims to motivate performance among directors and officers.

The board members who will guide Cielo in the forthcoming year are Sheila Leggett (re-appointed as Chair), Ryan Jackson, Peter MacKay, and Larry Schafran.

Extension of Private Placement Offering

In conjunction with the meeting results, Cielo announced an extension of its private placement offering, allowing for the issuance of up to 60,000,000 units at a price of $0.05 per unit. This initiative aims to secure gross proceeds of up to C $3,000,000.

The initial announcement regarding this offering was made previous to the meeting, and the TSX Venture Exchange has conditionally approved its extension. Anticipated closing of the offering is projected to happen shortly, leading to an influx of capital to support Cielo’s innovative projects.

Company Mission and Vision

Cielo Waste Solutions Corp. is committed to transforming waste materials into high-value products, addressing pressing global waste challenges. The company’s focus is on sustainable practices that contribute to a circular economy and lower carbon emissions. With a mission to revolutionize the wood by-product to fuels industry, Cielo is dedicated to using environmentally friendly technologies that are both economically sustainable and immediately actionable.

As a publicly traded company, Cielo aims to deliver not only environmental solutions but also positive returns on investment for its shareholders. The commitment to enhancing sustainability while maximizing shareholder value is at the core of its operations.

Contact Information

For inquiries about Cielo Waste Solutions, interested parties can reach out to:

Cielo Investor Relations

Ryan C. Jackson, CEO
Phone: (403) 348-2972
Email: investors@cielows.com

Frequently Asked Questions

What was discussed at Cielo's annual general meeting?

Significant decisions included the size of the board, director elections, auditor appointments, and stock option plans.

What is the purpose of Cielo's private placement offering?

The private placement aims to raise up to C $3,000,000 for Cielo’s initiatives in transforming waste into valuable products.

Who are the members of Cielo's board of directors?

The newly elected board includes Sheila Leggett, Ryan Jackson, Peter MacKay, and Larry Schafran.

How is Cielo addressing waste challenges?

Cielo focuses on sustainable innovations to convert waste materials into high-value products, contributing to environmental sustainability.

What is Cielo's stock symbol on stock exchanges?

Cielo is listed on the TSX Venture Exchange under “CMC” and also on the OTC Pink Market as “CWSFF”.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

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