Cielo updates Settlement Agreement with Expander Energy Inc, in discussions to extend Closing Date
From GlobeNewswire: 2025-06-23 22:37:00
Cielo Waste Solutions Corp. provides an update on the Settlement Agreement with Expander Energy Inc. Unable to make required payment, Cielo is in discussions to extend the Closing Date. Shareholder Meeting on June 24 will only consider incumbent directors. Details available in the Meeting Materials. Securities for Debt Transactions involve issuing Repayment Units and Shares to settle debts. Correction made to previous announcement regarding the number of Repayment Units. Transactions subject to Exchange approval and will have a 4-month hold period. Forward-looking statements caution investors of risks and uncertainties. Cielo seeks to transform waste into renewable fuels, listed on TSXV and OTC Pink Market. Contact Cielo for more information.
Read more at GlobeNewswire: Cielo Provides Update on Settlement Agreement, Shareholder