Cielo Provides Update on Permit and Construction Progress

Vancouver, British Columbia (FSCwire) - CSE:CMC: Cielo Waste Solutions Corp. ("Cielo" or the "Company") would like to provide an update on its progress in obtaining the Environmental Protection and Enhancement Act permit (the “Permit”) as well as on construction of its first commercial refinery.

Cielo is pleased that the permitting process continues to move forward favourably. Management has been in continuous communication with the government authority issuing the Permit and most recently has been advised that Cielo should receive a draft of the Permit imminently for review and, if acceptable, approval. Management has been advised that, once the draft Permit is finalized, the final step in the process is Minister approval.

Cielo is also pleased to advise that fabrication is progressing on schedule with the majority being complete. Once Cielo receives the final Permit, assembly work should be completed shortly thereafter.

Don Allan, President and CEO, stated “Despite the recent pullback in market price, we are unaware of any negative issues affecting our business. We expect the final approval of our EPEA permit shortly and are still expecting to achieve our late spring 2018 startup date. We want to thank all of our trades and team for their tremendous efforts so far. After the significant amount of time and capital that has been invested throughout the years to reach the point we are today, it is exciting to now be on the cusp of starting up our first continuous flow refinery. We enthusiastically look forward to commercializing our world changing technology by completing this next milestone! ”

For more information please contact:

Cielo Waste Solutions Corp.

Don Allan, President & CEO
(403) 348-2972 Ext. 101
donallan@cielows.com
www.cielows.com

Michael Yeung, CFA, VP, Business Development & Capital Markets
(403) 348-2972 Ext. 103
michaelyeung@cielows.com
www.cielows.com

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.

To view the original release, please click here

Source: Cielo Waste Solutions Corp. (CSE:CMC, FWB:C36)

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