Cielo Announces Private Placement of Convertible Debenture Units for up to $5.0 Million to Advance Renewable Fuel Projects, Confirms Final Credit Facility Draw and Magazine Feature
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
CALGARY, Alberta, Feb. 22, 2024 (GLOBE NEWSWIRE) — Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce that it proposes to undertake a non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the “Convertible Debenture Units“) at a price of $1,000 per Convertible Debenture Unit for targeted gross proceeds of up to $5,000,000 (the “Private Placement“).
Related news for (CWSFF)
- Cielo Announces Private Placement of Convertible Debenture Units for up to $2.87 Million
- Cielo Announces Participation in the TMX Canadian Climate Investor Conference on June 25, 2024
- Cielo Announces Binding Letter of Intent to Acquire Carseland Facility from Rocky Mountain Clean Fuels Inc. and Announces Termination of Agreements with Renewable U Energy Inc.
- Cielo Announces Final Closing of Private Placement of Convertible Debenture Units
- Cielo Announces Appointment of New Auditor