Cielo announces cancellation and rescheduling of the annual general meeting

CALGARY, Alberta, Oct. 29, 2024 (GLOBE NEWSWIRE) — Cielo Waste Solutions Corp. (TSXV:CMC; OTC PINK:CWSFF) (“Cielo” or the “Company”), today announces that its annual general meeting of shareholders (the “General Meeting“), which was originally scheduled for today, Tuesday, October 29^e2024, has been canceled and will be rescheduled to the week of December 16, 2024, the final date will be determined in the coming days. The Board of Directors of the Company has decided that it would be in the best interests of the Company to reschedule the General Meeting, mainly due to technical problems. The rescheduled AGM, which was originally to be held using Microsoft Teams, will instead be held as an in-person meeting, which is expected to allow for greater efficiency, transparency and improved communication.

Further details about the rescheduled General Meeting will be included in a new circular with meeting notice and management information, which will be sent to the Company’s shareholders as of the new record date and archived on SEDAR+.

ABOUT CIELO

Cielo drives sustainable change with a mission to be a leader in the wood byproduct-to-fuel industry by leveraging environmentally friendly, economically sustainable and market-ready technologies. We are proud to further develop our non-food derived model based on our exclusive license in Canada for patented Enhanced Biomass to Liquids (EBTL) and Biomass Gas to Liquids (BGTL) technologies and related intellectual property, together with an exclusive license in the US for creosote and treated wood waste, including abundant raw materials for railroad ties. We have assembled a diverse portfolio of projects across different geographic regions and secured the opportunity to leverage the expertise of proven industry leaders. Cielo is committed to helping society ‘change the fuel, not the vehicle’, which we believe will help generate positive returns for shareholders. Cielo shares are listed on the TSX Venture Exchange under the symbol “CMC,” as well as on the OTC Pink Market under the symbol “CWSFF.”

For more information please contact:

Cielo Investor Relations

Ryan Jackson, CEO
Telephone: (403) 348-2972
E-mail: [email protected]

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of current or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “may”, “believe”, “plan”, “intend”, “objective”, “continue”, “ongoing,” “estimate,” “outlook,” “expect,” “may,” “will,” “project,” “should” or similar words, including negatives thereof, that suggest future results.