{"id":1836,"date":"2021-08-04T21:53:07","date_gmt":"2021-08-04T20:53:07","guid":{"rendered":"https:\/\/esgfireat40.frontender.se\/uncategorized\/aenean-lobortis-sapien-enim-viverra-molestie-cursus-2\/"},"modified":"2022-01-25T09:52:27","modified_gmt":"2022-01-25T08:52:27","slug":"cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing","status":"publish","type":"post","link":"https:\/\/esgfire.com\/sv\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/","title":{"rendered":"Cielo announces the closing of CDN$4M unsecured convertible debenture financing"},"content":{"rendered":"<p>Ticker: CMC.V \/ CWSFF<br \/>\nListings: TSX Venture Exchange \/ US OTC \/ Frankfurt<br \/>\nWebsite:<a href=\"https:\/\/www.cielows.com\/\">https:\/\/www.cielows.com\/<br \/>\n<\/a>Market Cap: 826 MCAD at time of publication<br \/>\nShare price: 1.28 CAD at time of publication<br \/>\nIndustry: Converting waste to renewable fuel<\/p>\n<p>Cielo Waste Solutions is pleased to announce the completion of the balance of the Company\u2019s non-brokered<br \/>\nconvertible debenture financing (the \u201cFinancing\u201d), as previously announced on March 15,<br \/>\n2021, receiving gross proceeds of CDN$4,000,000.<\/p>\n<p>Pursuant to the Financing, which was arranged by First Choice Financial Corp. (\u201cFCF\u201d),<br \/>\nan arm\u2019s length third party, the Company issued 4,000 non-interest-bearing, unsecured<br \/>\nconvertible debentures (the \u201cDebentures\u201d), each issued at CDN$1,000 per Debenture, on<br \/>\na prospectus-exempt basis, the principal amount of the Debentures being convertible into<br \/>\ncommon shares at $1.25 per share during the 12 month term of the Debenture. Cielo will<br \/>\nbe entitled to repay the principal owing under the Debentures at any time before maturity<br \/>\nor conversion without penalty.<br \/>\nThe net proceeds will be used for engineering work for a facility to be built on land to be<br \/>\nacquired by Cielo in Fort Saskatchewan, Alberta, as previously announced on May 27,<br \/>\n2021, or otherwise in the sole discretion of the Company. In connection with the<br \/>\nFinancing, Cielo will pay transaction fees to FCF equal to CDN$280,000. and a<br \/>\ncommission to a third party equal to CDN$320,000.<br \/>\nThe Debentures are subject to a statutory 4-month hold period expiring on December 4,<br \/>\n2021.<\/p>\n<p>Don Allan, CEO of Cielo, commented, \u201cWe are pleased to see FCF\u2019s continued<br \/>\ncommitment and belief in Cielo and our technology. FCF has been an ideal partner,<br \/>\nhaving now committed significant capital to Cielo over several funding rounds. This capital<br \/>\nwill enable Cielo to advance our projects with our priority being to begin driving revenue<br \/>\ninto Cielo\u201d.<\/p>\n<p><strong>ESGFIRE comment: Cielo Waste Solutions is firing on all cylinders in their rapid expansion plan and today\u2019s press release is another good milestone in order to achieve their growth plans. We are also awaiting the long anticipated and expected news update on the desulphurisation process at the Aldersyde facility which we hope will be clarified in either august or september.<\/strong><\/p>\n<p><strong>Legal Disclaimer:<\/strong><\/p>\n<p><strong>We own shares of this company personally.<\/strong><\/p>\n<p><strong>Investing in stocks is combined with certain risks and it is possible to lose your entire investment. My posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.<\/strong><\/p>\n<p>Companies may or may not be paying us for content posted on this blog.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ticker: CMC.V \/ CWSFF Listings: TSX Venture Exchange \/ US OTC \/ Frankfurt Website:https:\/\/www.cielows.com\/ Market Cap: 826 MCAD at time of publication Share price: 1.28 CAD at time of publication Industry: Converting waste to renewable fuel Cielo Waste Solutions is pleased to announce the completion of the balance of the Company\u2019s non-brokered convertible debenture financing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[148,128],"tags":[],"class_list":["post-1836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-posts","category-reports-news-interviews"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cielo announces the closing of CDN$4M unsecured convertible debenture financing - ESG Fire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/esgfire.com\/sv\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/\" \/>\n<meta property=\"og:locale\" content=\"sv_SE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cielo announces the closing of CDN$4M unsecured convertible debenture financing - ESG Fire\" \/>\n<meta property=\"og:description\" content=\"Ticker: CMC.V \/ CWSFF Listings: TSX Venture Exchange \/ US OTC \/ Frankfurt Website:https:\/\/www.cielows.com\/ Market Cap: 826 MCAD at time of publication Share price: 1.28 CAD at time of publication Industry: Converting waste to renewable fuel Cielo Waste Solutions is pleased to announce the completion of the balance of the Company\u2019s non-brokered convertible debenture financing [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/esgfire.com\/sv\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"ESG Fire\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-04T20:53:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-25T08:52:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/esgfire.com\/wp-content\/uploads\/2015\/10\/Blog-Cielo-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"405\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Skriven av\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Ber\u00e4knad l\u00e4stid\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minuter\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/#\\\/schema\\\/person\\\/1f06d28da73c3c7684f3e06a9d1e2f32\"},\"headline\":\"Cielo announces the closing of CDN$4M unsecured convertible debenture financing\",\"datePublished\":\"2021-08-04T20:53:07+00:00\",\"dateModified\":\"2022-01-25T08:52:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/\"},\"wordCount\":426,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/esgfire.com\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/Blog-Cielo-2.png\",\"articleSection\":[\"All Posts\",\"Reports \\\/ News \\\/ Interviews\"],\"inLanguage\":\"sv-SE\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/\",\"url\":\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/\",\"name\":\"Cielo announces the closing of CDN$4M unsecured convertible debenture financing - ESG Fire\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/esgfire.com\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/Blog-Cielo-2.png\",\"datePublished\":\"2021-08-04T20:53:07+00:00\",\"dateModified\":\"2022-01-25T08:52:27+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/#\\\/schema\\\/person\\\/1f06d28da73c3c7684f3e06a9d1e2f32\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/#breadcrumb\"},\"inLanguage\":\"sv-SE\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"sv-SE\",\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/#primaryimage\",\"url\":\"https:\\\/\\\/esgfire.com\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/Blog-Cielo-2.png\",\"contentUrl\":\"https:\\\/\\\/esgfire.com\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/Blog-Cielo-2.png\",\"width\":720,\"height\":405},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/reports-news-interviews\\\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/esgfire.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cielo announces the closing of CDN$4M unsecured convertible debenture financing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/esgfire.com\\\/en\\\/\",\"name\":\"ESG Fire\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/esgfire.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"sv-SE\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/esgfire.com\\\/en\\\/#\\\/schema\\\/person\\\/1f06d28da73c3c7684f3e06a9d1e2f32\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"sv-SE\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fafe76af561fa01efc32549f7a943e5fdf81c45ad220c538f58f3042dc7f82f3?s=96&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fafe76af561fa01efc32549f7a943e5fdf81c45ad220c538f58f3042dc7f82f3?s=96&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fafe76af561fa01efc32549f7a943e5fdf81c45ad220c538f58f3042dc7f82f3?s=96&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/esgfire.com\"],\"url\":\"https:\\\/\\\/esgfire.com\\\/sv\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cielo announces the closing of CDN$4M unsecured convertible debenture financing - ESG Fire","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/esgfire.com\/sv\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/","og_locale":"sv_SE","og_type":"article","og_title":"Cielo announces the closing of CDN$4M unsecured convertible debenture financing - ESG Fire","og_description":"Ticker: CMC.V \/ CWSFF Listings: TSX Venture Exchange \/ US OTC \/ Frankfurt Website:https:\/\/www.cielows.com\/ Market Cap: 826 MCAD at time of publication Share price: 1.28 CAD at time of publication Industry: Converting waste to renewable fuel Cielo Waste Solutions is pleased to announce the completion of the balance of the Company\u2019s non-brokered convertible debenture financing [&hellip;]","og_url":"https:\/\/esgfire.com\/sv\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/","og_site_name":"ESG Fire","article_published_time":"2021-08-04T20:53:07+00:00","article_modified_time":"2022-01-25T08:52:27+00:00","og_image":[{"width":720,"height":405,"url":"https:\/\/esgfire.com\/wp-content\/uploads\/2015\/10\/Blog-Cielo-2.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Skriven av":"admin","Ber\u00e4knad l\u00e4stid":"2 minuter"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/#article","isPartOf":{"@id":"https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/"},"author":{"name":"admin","@id":"https:\/\/esgfire.com\/en\/#\/schema\/person\/1f06d28da73c3c7684f3e06a9d1e2f32"},"headline":"Cielo announces the closing of CDN$4M unsecured convertible debenture financing","datePublished":"2021-08-04T20:53:07+00:00","dateModified":"2022-01-25T08:52:27+00:00","mainEntityOfPage":{"@id":"https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/"},"wordCount":426,"commentCount":0,"image":{"@id":"https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/#primaryimage"},"thumbnailUrl":"https:\/\/esgfire.com\/wp-content\/uploads\/2015\/10\/Blog-Cielo-2.png","articleSection":["All Posts","Reports \/ News \/ Interviews"],"inLanguage":"sv-SE","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/","url":"https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/","name":"Cielo announces the closing of CDN$4M unsecured convertible debenture financing - ESG Fire","isPartOf":{"@id":"https:\/\/esgfire.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/#primaryimage"},"image":{"@id":"https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/#primaryimage"},"thumbnailUrl":"https:\/\/esgfire.com\/wp-content\/uploads\/2015\/10\/Blog-Cielo-2.png","datePublished":"2021-08-04T20:53:07+00:00","dateModified":"2022-01-25T08:52:27+00:00","author":{"@id":"https:\/\/esgfire.com\/en\/#\/schema\/person\/1f06d28da73c3c7684f3e06a9d1e2f32"},"breadcrumb":{"@id":"https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/#breadcrumb"},"inLanguage":"sv-SE","potentialAction":[{"@type":"ReadAction","target":["https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/"]}]},{"@type":"ImageObject","inLanguage":"sv-SE","@id":"https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/#primaryimage","url":"https:\/\/esgfire.com\/wp-content\/uploads\/2015\/10\/Blog-Cielo-2.png","contentUrl":"https:\/\/esgfire.com\/wp-content\/uploads\/2015\/10\/Blog-Cielo-2.png","width":720,"height":405},{"@type":"BreadcrumbList","@id":"https:\/\/esgfire.com\/en\/reports-news-interviews\/cielo-announces-the-closing-of-cdn4m-unsecured-convertible-debenture-financing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/esgfire.com\/en\/"},{"@type":"ListItem","position":2,"name":"Cielo announces the closing of CDN$4M unsecured convertible debenture financing"}]},{"@type":"WebSite","@id":"https:\/\/esgfire.com\/en\/#website","url":"https:\/\/esgfire.com\/en\/","name":"ESG Fire","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/esgfire.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"sv-SE"},{"@type":"Person","@id":"https:\/\/esgfire.com\/en\/#\/schema\/person\/1f06d28da73c3c7684f3e06a9d1e2f32","name":"admin","image":{"@type":"ImageObject","inLanguage":"sv-SE","@id":"https:\/\/secure.gravatar.com\/avatar\/fafe76af561fa01efc32549f7a943e5fdf81c45ad220c538f58f3042dc7f82f3?s=96&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/fafe76af561fa01efc32549f7a943e5fdf81c45ad220c538f58f3042dc7f82f3?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fafe76af561fa01efc32549f7a943e5fdf81c45ad220c538f58f3042dc7f82f3?s=96&r=g","caption":"admin"},"sameAs":["http:\/\/esgfire.com"],"url":"https:\/\/esgfire.com\/sv\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/esgfire.com\/sv\/wp-json\/wp\/v2\/posts\/1836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/esgfire.com\/sv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/esgfire.com\/sv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/esgfire.com\/sv\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/esgfire.com\/sv\/wp-json\/wp\/v2\/comments?post=1836"}],"version-history":[{"count":1,"href":"https:\/\/esgfire.com\/sv\/wp-json\/wp\/v2\/posts\/1836\/revisions"}],"predecessor-version":[{"id":1846,"href":"https:\/\/esgfire.com\/sv\/wp-json\/wp\/v2\/posts\/1836\/revisions\/1846"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/esgfire.com\/sv\/wp-json\/wp\/v2\/media\/1845"}],"wp:attachment":[{"href":"https:\/\/esgfire.com\/sv\/wp-json\/wp\/v2\/media?parent=1836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/esgfire.com\/sv\/wp-json\/wp\/v2\/categories?post=1836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/esgfire.com\/sv\/wp-json\/wp\/v2\/tags?post=1836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}