공시 • 3m
Cielo Waste Solutions Corp. Provides Update on British Columbia SAF Project, Renames It Project Nahoonai, and Integrates Carbon Capture and Storage Cielo Waste Solutions Corp. had provided an update on its flagship sustainable aviation fuel ("SAF") project located in British Columbia, which has been renamed Project Nahoonai, and confirmed the integration of carbon capture and storage ("CCS") into the project design to deliver a SAF product with what the Company expects to be the lowest carbon intensity profile of any commercial-scale SAF project currently advancing in North America. The Company’s British Columbia SAF project, previously referred to as Project Nexus, has been renamed Project Nahoonai. The name is a Dakelh word selected in consultation with, and approved by, the Lheidli T’enneh First Nation, on whose traditional territory the project is being developed. Project Nahoonai is a commercial-scale SAF project that does not rely on food-derived feedstocks such as corn, soy, canola, or used cooking oils. The project is intended to convert sustainable forestry residues, including harvest, mill, and forestry residuals, together with used railway ties and other waste woody materials, into a high-value, low-carbon transportation fuel. Project Nahoonai is being designed with integrated CCS, capturing the biogenic CO2 generated during the conversion process and permanently storing it. The result will be a carbon-negative SAF product positioned as a compliance fuel under British Columbia’s Low Carbon Fuel Standard ("LCFS") and Canada’s Clean Fuel Regulations ("CFR"). Under the LCFS and CFR, each tonne of CO2 captured and permanently stored generates additional credit value, materially strengthening the project’s economics relative to conventional SAF pathways. Prince George offers a competitive advantage that few SAF locations in North America can match in management’s view, with concentrated sawmill and pulp infrastructure, an established forestry workforce, year-round rail and highway access, and proximity to deep-water export through the Port of Prince Rupert. 공시 • Apr 17
Cielo Waste Solutions Corp. Appoints Kaush Rakhit as Director Cielo Waste Solutions Corp. announced that in connection with the closing of the acquisition of certain proprietary project development and evaluation assets from CDL Biofuels Ltd., Kaush Rakhit has been appointed to the board of directors of the Company. 공시 • Apr 16
Cielo Waste Solutions Corp. (TSXV:CMC) completed the acquisition of Certain proprietary project development and evaluation assets from Canadian Discovery Ltd. Cielo Waste Solutions Corp. (TSXV:CMC) signed a letter of intent to acquire Certain proprietary project development and evaluation assets from Canadian Discovery Ltd. for approximately CAD 1.126 million on February 10, 2026. As part of the consideration, Cielo will pay an amount equal to approximately CAD2.6 million as full consideration for the Assets by issuing 17,333,333 common shares of Cielo at a per share price of $0.15 per share to or as directed by CDL, as follows: 10,000,000 Consideration Shares to be issued upon closing, subject to a statutory 4 month hold period in addition to a subsequent, consecutive 8 month hold period for an aggregate hold period of 12 months from closing (the “12 Month Hold”); and 7,333,333 Consideration Shares to be issued on closing, also subject to the 12 Month Hold, and deposited into escrow with the Company’s transfer agent, Olympia Trust Company, to be released on an earn-out basis within 36 months of the closing of the Proposed Acquisition on and subject to the performance of certain milestones to be set out in the APA. CDL and the CDL Principals will be subject to standstill provisions with respect to the Consideration Shares as well as the Units issued under the Financing (each as defined below) for a period of 24 months from closing of the Proposed Acquisition. The Purchase Price is subject to finalization following the completion of the due diligence review contemplated in the LOI however is not expected to vary.
The transaction is subject to, among other things, completion of due diligence, finalization and execution of the APA, satisfaction of customary closing conditions and receipt of all required corporate and regulatory approvals, including the approval of the Exchange to the extent required, which is anticipated to close in March 2026.
Cielo Waste Solutions Corp. (TSXV:CMC) completed the acquisition of Certain proprietary project development and evaluation assets from Canadian Discovery Ltd. on April 15, 2026.
Kaush Rakhit, Executive Chairman and majority shareholder of Canadian Discovery Ltd, has been appointed to the board of directors of Cielo Waste Solutions Corp. Cielo Waste Solutions Corp also intends to appoint two Canadian Discovery Ltd. Executives, Robert Pockar and Matthew Scorah, as Chief Operating Officer and Chief Development Officer, respectively. The effective dates of such appointments will be announced upon the completion of their employment agreements and Board of Director approval. 공시 • Mar 02
Cielo Waste Solutions Corp. announced that it has received CAD 1 million in funding from Canadian Discovery Ltd. On March 2, 2026, Cielo Waste Solutions Corp. closed the transaction. Transaction involves participation of Canadian Discovery Ltd and certain insiders of the Company. No finder’s fees were paid in connection with the Financing. 공시 • Feb 13
Cielo Waste Solutions Corp. (TSXV:CMC) signed a letter of intent to acquire Certain proprietary project development and evaluation assets from Canadian Discovery Ltd. for approximately CAD 1.126 million. Cielo Waste Solutions Corp. (TSXV:CMC) signed a letter of intent to acquire Certain proprietary project development and evaluation assets from Canadian Discovery Ltd. for approximately CAD 1.126 million on February 10, 2026. As part of the consideration, Cielo will pay an amount equal to approximately CAD2.6 million as full consideration for the Assets by issuing 17,333,333 common shares of Cielo at a per share price of $0.15 per share to or as directed by CDL, as follows: 10,000,000 Consideration Shares to be issued upon closing, subject to a statutory 4 month hold period in addition to a subsequent, consecutive 8 month hold period for an aggregate hold period of 12 months from closing (the “12 Month Hold”); and 7,333,333 Consideration Shares to be issued on closing, also subject to the 12 Month Hold, and deposited into escrow with the Company’s transfer agent, Olympia Trust Company, to be released on an earn-out basis within 36 months of the closing of the Proposed Acquisition on and subject to the performance of certain milestones to be set out in the APA. CDL and the CDL Principals will be subject to standstill provisions with respect to the Consideration Shares as well as the Units issued under the Financing (each as defined below) for a period of 24 months from closing of the Proposed Acquisition. The Purchase Price is subject to finalization following the completion of the due diligence review contemplated in the LOI however is not expected to vary.
The transaction is subject to, among other things, completion of due diligence, finalization and execution of the APA, satisfaction of customary closing conditions and receipt of all required corporate and regulatory approvals, including the approval of the Exchange to the extent required, which is anticipated to close in March 2026. 공시 • Feb 12
Cielo Waste Solutions Corp. announced that it expects to receive CAD 1 million in funding Cielo Waste Solutions Corp. announced a non-brokered private placement to issue 16,666,666 units at a price of CAD 0.06 per Unit for gross proceeds of CAD 999,999.96 on February 11, 2026. Each Unit is comprised of one common share and one whole Common Share purchase warrant (each, a "Warrant") of the Company, each Warrant entitling the holder thereof to purchase one Common Share at a price of CAD 0.15 per Common Share for a period of forty-eight (48) months from the date of issuance. Closing of the Financing is subject to receipt of all necessary corporate and regulatory approvals, including the approval of the Exchange. No finder's fees will be paid in connection with the Financing. All securities issued in connection with the Financing will be subject to a hold period of four months plus one day from the date of issuance and applicable securities legislation.