Cielo Issues Letter to Shareholders

/EIN News/ -- CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV: CMC; OTC PINK: CWSFF) (“Cielo” or the “Company”) is pleased to have issued today a letter to shareholders, as below:

Dear Shareholders,

Thank you to all those who attended our webinar on April 17, 2025. We are grateful for your continued interest in and support of Cielo and the future we have envisioned for the Company.

Following the announcement of the proposed unwinding of our previous transaction (announced on April 30, 2025), I would like to reaffirm our commitment to a forward-focused strategy that enhances Cielo’s core mission and long-term growth objectives. Cielo is a waste solutions company.  Our mission is to match waste products and by-products with compatible technologies that effectively reduce environmental impact while achieving and maintaining profitability. Rather than relying on a single technology, Cielo remains strategically flexible, leveraging lessons learned through development, ownership, acquisition, and licensing of past technologies. While we recognize the benefits of owning or licensing technology, our business model does not depend on it. Instead, we see value in investing in proven technologies under trusted vendor-customer relationships, mitigating risks and reducing anticipated timelines while strengthening our asset base through capital expenditures and fully constructed facilities. By maintaining a technology-agnostic approach, we can strategically allocate resources to drive growth and focus on our core mission of delivering effective waste solutions.

Cielo’s first proposed project is the development of a waste to hydrogen facility in British Columbia. We will deploy a process designed to produce minimal waste by converting scrap railway tie feedstock into usable energy while generating value through Low Carbon Fuel Standard (LCFS) credits and access to various government programs. We expect this will position Cielo to deliver both strong environmental outcomes and meaningful economic returns.

We appreciate your continued trust and support as we execute on the development of our British Columbia facility. We look forward to sharing milestones and providing updates in our forthcoming webinars and news releases. Should you have any questions or wish to discuss our progress further, please feel free to contact me directly.

Sincerely,

Ryan C. Jackson
Chief Executive Officer

Financing

Cielo also announces that it will not proceed with the shares for debt transactions as previously disclosed on January 21, 2025. However, the Company remains committed to completing such transactions under revised terms, which will be announced in the coming days.   Additionally, Cielo intends to undertake a private placement offering of securities, with further details to be announced shortly after this news release. These financial initiatives align with the Company’s strategic growth objectives, reinforcing its commitment to operational strength and long-term value creation.

ABOUT CIELO

Cielo Waste Solutions Corp. is a publicly traded company focused on transforming waste materials into high-value products. Cielo seeks to address global waste challenges while contributing to the circular economy and reducing carbon emissions. 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. Cielo is committed to helping society which the Company believes 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 C. 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 Cielo, 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. The Company is making forward-looking statements, including but not limited to, with respect to: its strategic initiatives, business model, and potential benefits and outcomes; its proposed project in British Columbia and related matters, including with respect to grants and credits; anticipated shares for debt transactions and private placement offering; future news releases and webinars.

Investors should continue to review and consider information disseminated through news releases and filed by Cielo on SEDAR+. Although the Company has attempted to identify crucial 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 Cielo’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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.