|Bid||0.3850 x 0|
|Ask||0.3900 x 0|
|Day's Range||0.0000 - 0.0000|
|52 Week Range|
|Beta (5Y Monthly)||0.72|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The truth is that if you invest for long enough, you're going to end up with some losing stocks. But long term Cielo...
VANCOUVER, BC / ACCESSWIRE / March 30, 2020 / Cielo Waste Solutions Corp. (CMC.CN)(CWSFF) Cielo Waste Solutions Corp. ("CIELO" or the "Company") announces a new private placement offering of unsecured convertible debenture units (the "Offering") and the closing on March 27, 2020 of the initial tranche of the Offering, raising gross proceeds of $396,000 ("Initial Closing"). In addition, in part as a result of work disruptions caused by COVID-19, CIELO and Renewable U Grande Prairie Inc., Renewable U Medicine Hat Inc., Renewable U Lethbridge Inc., Renewable U Halifax Inc. and Seymour Capital Incorporated, respectively (collectively "the JV Companies") have agreed to extend the deadline by which they had agreed to enter into previously announced contemplated joint venture agreements from March 31, 2020 to June 30, 2020.
Renewable U Medicine Hat has also advised CIELO that it has the funding in place to close the contemplated Purchase and Sale Agreement, which will be subject to a number of closing conditions that are anticipated to be satisfied on or before July 1, 2020. Renewable U Medicine Hat is the company with which CIELO has entered into a Memorandum of Understanding (the "MOU")(see February 26, 2019 Press Release) to fund all aspects of building and placing on production a joint venture facility in, or within, 50 kilometers of Medicine Hat ("JV Facility").