Cielo Waste Solutions Corp. has reached an agreement with Expander Energy Inc. to unwind certain transactions, resulting in the cancellation of approximately 40 million shares of Cielo. Additional shares may be surrendered by the Settlement Parties by December 31, 2025. All agreements between Cielo and Expander have been terminated, and a promissory note of C$748,208.79 has been issued to settle outstanding fees. The Settlement Parties have agreed to dismiss all legal proceedings against Cielo. This agreement aims to resolve previous transactions and move forward positively. Cielo is a publicly traded company focused on converting waste into renewable fuels, striving to reduce waste and carbon emissions.

Read more at GlobeNewswire: Cielo Announces Execution and Closing of Amended Settlement