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Cielo Announces Signing Of Long-Term Lease for Construction of the First Commercial Waste to Energy Refinery

VANCOUVER, BC / ACCESSWIRE / March 7, 2016 / CSE:CMC: Cielo Waste Solutions Corp. ("Cielo" or the "Company") - On March 4, 2016 Cielo signed a long-term lease for 2.09 acres and a Right Of First Refusal on an additional 8 acres, located in Edmonton, Alberta. This will allow the Company to construct the first unique commercial waste to renewable diesel refinery enabling a groundbreaking global landfill reduction phenomena coinciding with a novel high quality green renewable diesel product.

Don Allan, President and CEO of Cielo, states: "After years of hard work, we are now ready to move forward with completing the engineering and construction of a 1,000 liter per hour refinery. Our decision is a result of many factors, including the 3rd party validation of the technology and proforma as well as an intensive selection process for this site location. Being located in our province's capital city, Edmonton, and in their Heartland Industrial area, will prove to reduce costs in construction and operations. The site is on a major highway corridor, close to suppliers, buyers, manufacturers and industrial infrastructures. The site is large enough to allow for expansion opportunities. We will be applying for permits to construct what we believe to be a waste to energy game changing technology. This refinery will be using waste, such as wood shavings, contaminated plastics, recycle materials and further municipal waste streams to a maximum usage of near 100% landfill reduction status. We will produce renewable diesel that will be used to meet the provincial and federal green mandates for blending with petroleum diesel. We believe this will be a world class facility that will provide many benefits for Edmontonians, Albertans and Cielo's shareholders."

Mohammed Farooq, the Chief Operating Officer of Eco Industrial Business Park, stated: "We welcome Cielo's renewable-diesel refinery to our Eco Park. This is what the province needs - value-added businesses in our province to rejuvenate the economy and what better place to locate than our Eco Park site, a success story in itself. This site was an abandoned brownfield site with a single market focus and today we have redeveloped it into a thriving place with many industry leaders calling it home, from Midstream Companies, Waste Management Companies and even a world class Pharmaceutical Company. The addition of Cielo's unique technology brings exactly the diversification and excellence we are looking for."

About Cielo Waste Solutions Corp.:

Cielo specializes in environmentally advanced technologies focused on materials recovery, renewable diesel and landfill reduction through responsible diversion practices. By incorporating the latest material recovery technologies, Cielo is able to achieve significant diversion from landfills while creating a feedstock specifically for renewable diesel. Cielo provides solutions for responsible waste management while also providing value added opportunities.

For more information on the Company, please contact:

Don Allan, President, at (403) 348-2972 ext 222, or visit the Company's website at www.cielows.com.

Further information regarding the Company can be found on SEDAR at www.SEDAR.com or by visiting our profile on www.CSE.ca.

On Behalf of the Board of Directors

"Don Allan"
Chief Executive Officer
Tel: 403.348-2972 Ext. 222
Email: donallan@cielows.com

Certain statements contained in this release may constitute "forward-looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," "anticipates" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

These securities have not and will not be registered under United States federal or state securities laws and may not be offered or sold in the United States or to a U.S. Person unless so registered, or an exemption from registration is relied upon. This news release does not constitute an offer of securities for sale in the United States.

CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

SOURCE: Cielo Waste Solutions Corp.

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