CIELO WASTE SOLUT.

Cielo Waste Solutions has acquired project development and evaluation assets from CDL Biofuels and integrated data, models, analytical tools and related intellectual property into its Nexus Platform. For the transaction, 17,333,333 common shares at US$0.15 each, with a total value of US$2.6 million, were issued to CDL Biofuels; the shares are subject to an overall holding period of twelve months. The acquisition does not include operating facilities or proprietary process technologies. Kaush Rakhit was appointed to the board of directors, and appointments of Robert Pockar as COO and Matthew Scorah as chief development officer are planned; following the transaction Rakhit holds an economic interest of approximately 12.25% of the outstanding shares. The transaction remains subject to final approval by the TSX Venture Exchange. » Más en de.investing.com

Cielo Waste Solutions released on September 23, 2025 the results for the quarter ended July 31, 2025 and reported earnings per share (EPS) of -0.01 CAD. In the same quarter last year the company had reported an EPS of -0.020 CAD. No further details on revenue or profit development were provided. » Más en finanzen.net