Cielo Announces Shares for Debt Transactions

CALGARY, Alberta, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTC PINK:CWSFF) (“Cielo” or the “Company”) announces the anticipated settlement of an aggregate $1,622.413.10 (the “Aggregate Debt Amount”) in debt by way of share issuance (each a “Shares for Debt Transaction”, collectively the “Shares for Debt Transactions”), subject to the approval of the TSX Venture Exchange (the “Exchange”). The Company intends to issue a total of 15,451,545 (subject to rounding) common shares (the “Repayment Shares”) at a price of $0.105 per share.

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