Cielo Announces Cancellation and Rescheduling of Annual General Meeting
October 29 2024 - 12:37PM
Cielo Waste Solutions Corp. (TSXV:CMC; OTC PINK:CWSFF)
(
“Cielo” or the
“Company”),
announces today that its annual general meeting of shareholders
(the “
AGM”), which was originally scheduled to be
held today, Tuesday, October 29th, 2024, has been cancelled and is
being rescheduled to be held during the week of December 16, 2024,
the final date to be set in the coming days. The Company’s Board of
Directors determined that it would be in the best interest of the
Company to reschedule the AGM, primarily as a result of technical
difficulties. The rescheduled AGM, which was originally to be held
using Microsoft Teams, will instead be held as an in-person
meeting, which is anticipated to allow for greater efficiency and
transparency and improved communication.
Further details on the rescheduled AGM will be
contained in a new Notice of Meeting and Management Information
Circular that will be mailed to the shareholders of the Company as
of the new record date and filed on SEDAR+.
ABOUT CIELO
Cielo is fueling renewable change with a mission
to be a leader in the wood by-product-to-fuels industry by using
environmentally friendly, economically sustainable and market-ready
technologies. We are proud to advance our non-food derived model
based on our exclusive licence in Canada for patented Enhanced
Biomass to Liquids (EBTL™) and Biomass Gas to Liquids (BGTL™)
technologies and related intellectual property, along with an
exclusive licence in the US for creosote and treated wood waste,
including abundant railway tie feedstock. We have assembled a
diverse portfolio of projects across geographic regions and secured
the ability to leverage the expertise of proven industry leaders.
Cielo is committed to helping society ‘change the fuel, not the
vehicle’, which we believe will contribute to generating 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 further information please contact:
Cielo Investor Relations
Ryan Jackson, CEO Phone: (403)
348-2972 Email: investors@cielows.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS
This news 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 present 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”, “could”, “believe”, “plan”, “intend”,
“objective”, “continuous”, “ongoing”, “estimate”, “outlook”,
“expect”, “may”, “will”, “project”, “should” or similar words,
including negatives thereof, suggesting future outcomes.
Forward-looking statements are subject to both
known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company, that may cause the
actual results, level of activity, performance, or achievements of
the Company to be materially different from those expressed or
implied by such forward looking statements. Forward-looking
statements and information are based on plans, expectations and
estimates of management at the date the information is provided and
are subject to certain factors and assumptions. Cielo is making
forward looking statements, with respect to the AGM, including but
not limited to the timing and forum.
Investors should continue to review and consider
information disseminated through news releases and filed by the
Company on SEDAR+. Although the Company has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward looking statements,
there may be other factors that cause results not to be as
anticipated, estimated or intended.
Forward-looking statements are not a guarantee
of future performance and involve a number of risks and
uncertainties, some of which are described herein. Such
forward-looking statements necessarily involve known and unknown
risks and uncertainties, which may cause the Company’s actual
performance and results to differ materially from any projections
of future performance or results expressed or implied by such
forward-looking statements. Any forward-looking statements are made
as of the date hereof and, except as required by law, the Company
assumes no obligation to publicly update or revise such statements
to reflect new information, subsequent or otherwise.
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