Cielo Waste Solutions Corp.
Cielo Announces Grand Opening of Aldersyde Refinery
Tuesday, June 11, 2019 9:00 AM
VANCOUVER, BC / ACCESSWIRE / June 11, 2019 / CSE: CMC: Cielo Waste Solutions Corp. ('Cielo' or the 'Company') is pleased to announce that it will be holding the "Grand Opening" of its renewable fuels refinery in Aldersyde, Alberta (the "Refinery") on July 11th, 2019 between noon and 3 PM MST. Tours will be offered to interested parties and, in the spirit of the Calgary Stampede, there will be food, refreshments and entertainment provided.
Cielo has been working diligently since its temporary shut-down of the Refinery, as announced on May 7, 2019, in order to facilitate the installation of its new heater equipment and waste recovery process. Cielo's contractors have assured Cielo's management that the equipment installation will be completed and continuous-flow of the Refinery's production will be achieved in advance of July 11th, 2019. Cielo continues to make progress with respect to implementing a cost-effective desulfurization solution of its renewable diesel.
Don Allan, President & CEO of Cielo, stated "We are extremely excited to announce the Grand Opening of our Aldersyde Refinery, which has the potential to be the greenest refinery in the world. Our Aldersyde Refinery is engineered to convert multiple different garbage-derived feedstocks, including sorted municipal solid waste (garbage), wood and agriculture waste, tires, blue-box waste, all plastics, including those being shipped back to Canada from abroad, into high grade renewable diesel. We will be flipping burgers and serving local craft beer, while providing some great Stampede entertainment. Given the limited space please contact [email protected] to RSVP. Cielo looks forward to welcoming its stakeholders, shareholders, public figures, vendors, the media and all others interested in learning how Cielo is going to make the planet a better place for generations to come by changing waste/garbage into renewable fuels."
Join Cielo shareholders on 8020 Connect: http://connects.digital/cielo1
For more information please contact:
Cielo Waste Solutions Corp.
Don Allan, President & CEO
(403) 348-2972 Ext. 101
Michael Yeung, CFA, VP, Business Development & Capital Markets
(403) 348-2972 Ext. 103
About Cielo Waste Solutions Corp.
Cielo Waste Solutions Corp. is a publicly traded company with its shares listed to trade on the Canadian Securities Exchange ("CSE") under the symbol "CMC". Cielo holds the exclusive license for the global rights to a transformational, patent-pending, technology engineered to convert garbage-derived feedstocks to high grade renewable diesel, at a significantly lower cost than biofuel companies. With landfills being one of the world's leading contributors to Green House Gas emissions and being projected to double in size over the next 7 years, Cielo can potentially resolve this crisis, on a cost-effective basis, by converting multiple different garbage-derived feedstocks, including sorted municipal solid waste (garbage), wood and agriculture waste, tires, blue-box waste, all plastics and virtually any other cellulous waste product into high grade renewable diesel.
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. Cielo is making forward looking statements related to the completion of the construction of the Refinery, in particular the completion of the installation of the new heater equipment and being able to run on a continuous flow basis by the date of the Grand Opening 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, neither the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
SOURCE: Cielo Waste Solutions Corp.