Cielo Announces Alberta EPEA Permit Application Update
Vancouver, British Columbia (FSCwire) - CSE:CMC: Cielo Waste Solutions Corp. ("Cielo" or the "Company") announces the receipt of a letter from the Government of Alberta’s department of Environments and Parks, which reads in part that “The Director considers the application to be complete for the purpose of public consultation.” The receipt of this letter advances the approval process with respect to Cielo’s permit application pursuant to the Environmental Protection and Enhancement Act (EPEA). Receipt of the permit is required for Cielo to operate its first continuous flow refinery, which is designed and being built on Cielo’s Aldersyde/High River property to produce high grade renewable diesel. Management believes that the receipt of this letter represents a significant milestone in the approval process. The next step will be for Cielo to post a Public Notice in two publications for thirty days and, shortly following the expiry of this thirty-day period, it is anticipated that the full permit would be awarded to Cielo.
Don Allan, President and CEO, stated “We are extremely pleased to have received our acknowledgement of completeness as to our EPEA permit application. It is confirmation that this critical step is now almost behind us and the anticipated timing for receiving our permit is on schedule. This will facilitate us being able to commission our refinery and place it on-stream by late spring. We now look forward to continuing our progress and reporting it to our investors and stakeholders.”
For more information please contact:
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 that can convert garbage-derived feedstocks to renewable diesel, at a significantly lower cost than biofuel companies. The garbage-derived feedstocks include 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, including but not limited to: the use of proceeds of the offering, receipt of all necessary approvals of the offering, general business, economic, competitive, political and social uncertainties; negotiation uncertainties and other risks of its industry. 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.
Cielo Waste Solutions Corp.Edit|Back