Cielo Waste Solutions Corp. Executes Amended Settlement Agreement

CALGARY, Alberta, July 17, 2025 — In a significant development for Cielo Waste Solutions Corp. (TSXV: CMC; OTC PINK: CWSFF), the company has successfully executed and closed an amended and restated settlement agreement with Expander Energy Inc. and related parties. This agreement, announced across multiple financial platforms including the Financial Post and GlobeNewswire, marks a pivotal moment in Cielo’s strategic realignment.

The Amended Settlement Agreement effectively unwinds transactions stemming from a November 2023 asset purchase agreement. This move is part of Cielo’s broader strategy to streamline operations and focus on its core competencies in the energy sector, particularly in environmentally advanced technologies for materials recovery, renewable diesel, and landfill reduction.

Key Terms of the Agreement

The settlement includes several critical components:

  • Share Cancellation: Cielo will surrender 40 million shares for cancellation, with the potential for an additional 20 million shares by December 2025.
  • Termination of Agreements: Previous licenses and service agreements with Expander Energy Inc. have been terminated.
  • Financial Settlement: A promissory note amounting to C$748,208.79 has been issued.
  • Standstill Agreement: An 18-month standstill agreement has been put in place to prevent any further legal proceedings against Cielo by the Settlement Parties.

Strategic Implications

This settlement is a strategic maneuver for Cielo, allowing the company to refocus its resources and efforts on its primary mission of responsible waste management and energy solutions. By unwinding the previous transactions, Cielo aims to enhance its market position and operational efficiency.

Market Reaction

As of July 15, 2025, Cielo’s close price stood at 0.055 CAD, with a market capitalization of 6,448,210 CAD. The company’s stock has experienced volatility, with a 52-week high of 0.255 CAD on July 25, 2024, and a low of 0.045 CAD on June 26, 2025. The market is closely watching how this settlement will impact Cielo’s financial health and future growth prospects.

Forward-Looking Perspective

Cielo’s leadership is optimistic about the future, viewing this settlement as a step towards greater stability and growth. The company remains committed to its mission of providing innovative waste management solutions in Canada, leveraging its expertise in renewable energy and materials recovery.

For more information about Cielo Waste Solutions Corp. and its initiatives, visit their website at cielows.com .

This article provides a comprehensive overview of the recent developments at Cielo Waste Solutions Corp., highlighting the strategic implications of the amended settlement agreement and its potential impact on the company’s future.