Off-market insider buying at Cielo Waste Solutions (CMC)

Off-market insider buying at Cielo Waste Solutions (C:CMC)

Updated Tuesday Jan 09, 2024 02:19 AM EDT
Jasdeep Kaur Dhaliwal, CFO and Director, acquired 5,000,000 Common Shares Class A on a direct ownership basis at a price of $0.040 through a prospectus or prospectus exempt offering on December 29th, 2023. This represents a $200,000 investment into the company's shares and an account share holdings change of greater than 100%.

Ryan Cecil Jackson, CEO and Director, acquired 5,000,000 Common Shares Class A on an indirect ownership basis for registered holder Rameco Inc. at a price of $0.040 through a prospectus or prospectus exempt offering on December 29th, 2023. This represents a $200,000 investment into the company's shares and an account share holdings change of greater than 100%.

Sheila Leggett, a Director, acquired 250,000 Common Shares Class A on a direct ownership basis at a price of $0.040 through a prospectus or prospectus exempt offering on December 29th, 2023. This represents a $10,000 investment into the company's shares and an account share holdings change of greater than 100%.

Cielo Waste Solutions is in the Environmental Services & Equipment Sub Industry Group under the Industrials Sector.

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood derivative waste into valuable fuel. Its facilities are designed to operate with no harmful emissions and through the conversion of waste-to-fuel, it can help reduce methane emissions from landfills, as well as reduce reliance on imported biofuels made from agricultural products. The Company's Aldersyde Demo Facility is located approximately 25 kilometers south of Calgary, features a 2.5-acre site and a plant which provides proof of concept that can convert wood waste biomass to fuel.


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