Group 1 - Commercial Metals Company (CMC) has completed the sale of $150.0 million in Solid Waste Disposal Facilities Revenue Bonds, which will be used to finance the construction of solid waste disposal facilities in Berkeley County, West Virginia [1][2] - The Bonds will have an interest rate of 4.625% per annum and are set to mature in 2055, with CMC responsible for the debt service and repayment of the principal [2] Group 2 - CMC is positioned as an innovative solutions provider in the construction sector, offering products and technologies to meet reinforcement needs across various applications, including infrastructure and energy generation [4]

Core Viewpoint - Cielo Waste Solutions Corp. is initiating a non-brokered private placement to raise gross proceeds of up to C $3,000,000 through the issuance of up to 60,000,000 units at a price of $0.05 per unit, aimed at funding the development of a waste-to-hydrogen facility in British Columbia and other working capital needs [1][3]. Group 1: Offering Details - Each unit consists of one common share and one whole common share purchase warrant, with the warrant allowing the purchase of one common share at a price of $0.07 for two years [2]. - The net proceeds from the offering will be used for the development and early-stage engineering of the proposed waste-to-hydrogen facility, regulatory applications, and general working capital, including a payment of approximately $750,000 under a Settlement Agreement [3]. Group 2: Project and Market Positioning - The BC Facility aims to provide a sustainable disposal solution for scrap railway ties while generating hydrogen, aligning with regulatory requirements and clean energy funding programs [7]. - Cielo is strategically positioning itself in the growing hydrogen market, driven by increasing demand for alternative fuels and energy security, indicating a deliberate entry into a sector expected to experience substantial growth [5][6]. Group 3: Management Perspective - The CEO of Cielo emphasized that while the offering may cause some dilution, the anticipated cancellation of approximately 40,000,000 shares from an unrelated transaction will help mitigate the impact on the company's capital structure and support shareholder value [5]. - The company is committed to generating environmental and economic value from waste, aiming to be a leader in the wood waste to usable products industry through sustainable technologies [10].

Core Viewpoint - Cielo Waste Solutions Corp. is committed to a forward-focused strategy that enhances its core mission of providing effective waste solutions while achieving long-term growth objectives [2][4]. Group 1: Company Strategy - Cielo aims to match waste products with compatible technologies to reduce environmental impact and maintain profitability, adopting a technology-agnostic approach [2]. - The company plans to invest in proven technologies through trusted vendor-customer relationships, which will help mitigate risks and reduce timelines [2]. - Cielo's first proposed project involves developing a waste-to-hydrogen facility in British Columbia, focusing on converting scrap railway ties into usable energy [3]. Group 2: Financial Initiatives - Cielo will not proceed with previously disclosed shares for debt transactions but remains committed to completing such transactions under revised terms [4]. - The company intends to undertake a private placement offering of securities, with details to be announced shortly [4]. Group 3: Company Overview - Cielo Waste Solutions Corp. is focused on transforming waste materials into high-value products, contributing to the circular economy and reducing carbon emissions [5]. - The company is publicly traded on the TSX Venture Exchange under the symbol "CMC" and on the OTC Pink Market under "CWSFF" [5].

Core Viewpoint - Commercial Metals Company (CMC) announced the pricing of $150 million in Solid Waste Disposal Facility Revenue Bonds to finance the construction of solid waste disposal facilities in Berkeley County, West Virginia, with an interest rate of 4.625% and a maturity date in 2055 [1]. Group 1: Bond Details - The Bonds will be issued through the West Virginia Economic Development Authority (WVEDA) and sold at 100% of the principal amount, providing proceeds of $150 million [1]. - The initial Term Rate Period for the Bonds ends with a mandatory tender for purchase on May 15, 2032 [1]. - The Bonds will not be registered under the Securities Act of 1933 and may not be offered or sold within the U.S. without registration or an applicable exemption [2]. Group 2: Company Overview - CMC is described as an innovative solutions provider focused on building a stronger, safer, and more sustainable world, primarily serving the global construction sector [4]. - The company operates an extensive manufacturing network located mainly in the United States and Central Europe, offering products and technologies for various construction applications [4].

Core Viewpoint - Cielo Waste Solutions Corp. has reached a Settlement Agreement with Expander Energy Inc. and related parties, which includes the unwinding of certain transactions and the scheduling of its annual general and special meeting for June 24, 2025 [1][2]. Settlement Agreement - The Settlement Agreement aims to unwind previously disclosed transactions between Cielo and the Settlement Parties, effective June 13, 2025, subject to closing conditions [2]. - Approximately 40 million to 60 million common shares will be surrendered by the Settlement Parties for cancellation, representing 30% to 47% of the issued and outstanding shares [7]. - All agreements between Cielo and the Settlement Parties, including a License Agreement and several Service Agreements, will be terminated [7]. - Expander has withdrawn its requisition for a shareholder meeting, and the Settlement Parties have agreed to an 18-month standstill regarding proxy solicitation and voting [7]. - Cielo will pay C$748,208.79 to the Settlement Parties in full satisfaction of outstanding fees [7]. Shareholder Meeting - The annual general and special meeting, originally set for June 10, 2025, will now take place on June 24, 2025, where incumbent directors will be nominated for re-election [4].

Core Viewpoint - Commercial Metals Company (CMC) is initiating a proposed tax-exempt bond financing of $150.0 million to fund the acquisition and construction of solid waste disposal facilities in Berkeley County, West Virginia, with an expected total investment of $550.0 million to $600.0 million, net of government assistance [1]. Group 1: Financing Details - The West Virginia Economic Development Authority (WVEDA) has authorized the issuance of Solid Waste Disposal Facility Revenue Bonds, Series 2025, to finance the project [1]. - The proceeds from the bond sale will be loaned to CMC under a loan agreement, with CMC's obligations being senior unsecured obligations [1]. - The project is expected to qualify for a net tax credit of approximately $80.0 million under the Inflation Reduction Act [1]. Group 2: Company Overview - CMC is positioned as an innovative solutions provider focused on building a stronger, safer, and more sustainable world, primarily serving the global construction sector [4]. - The company operates an extensive manufacturing network in the United States and Central Europe, offering products and technologies for various construction applications [4].

Core Points - Commercial Metals Company (CMC) has been recognized for the second consecutive year on USA TODAY's list of America's Best Climate Leaders for 2025, highlighting its commitment to sustainability and operational excellence [1][2][3] - The award is given to U.S. companies with exemplary environmental records and proven year-over-year emissions intensity reduction [2] - CMC is acknowledged as an industry leader in sustainable steelmaking, producing some of the greenest steel globally, and aims to further reduce its environmental impact and carbon footprint [3] Company Overview - CMC is an innovative solutions provider focused on building a stronger, safer, and more sustainable world, with a manufacturing network primarily in the United States and Central Europe [4] - The company offers products and technologies that meet the critical reinforcement needs of the global construction sector, supporting various applications including infrastructure, non-residential, residential, industrial, and energy generation and transmission [4]

Core Viewpoint - Cielo Waste Solutions Corp. is undergoing strategic changes, including relocating its waste-to-fuel facility and shifting focus from renewable diesel to green hydrogen, while also addressing a dispute with Expander Energy Inc. [4][7][8] Corporate Update - A corporate update webinar is scheduled for April 17, 2025, to discuss strategic initiatives and future outlook [2][3] - The webinar will be led by CEO Ryan C. Jackson and CFO Jasdeep K. B. Dhaliwal [2] Corporate Strategy - Cielo plans to relocate its first commercial waste-to-fuel facility from Carseland, Alberta to British Columbia [4] - The company is transitioning its fuel production focus from renewable diesel to green hydrogen to align with market demand [4] - Cielo is exploring funding opportunities through the British Columbia Low Carbon Fuel Standard credit program [4] Project Development - Cielo is in advanced discussions with a technology provider for a project in British Columbia that will use scrap railway ties to produce green hydrogen [5] - The company has identified two additional projects for development in the United States [5] Environmental Commitment - Cielo aims to provide solutions for processing waste into useful products, including green hydrogen and renewable natural gas [6] - The company is committed to innovation and environmental sustainability for short-term success and long-term profitable growth [6] Dispute Resolution - Cielo has initiated a dispute resolution process with Expander Energy Inc. due to disagreements over various agreements [7] - On April 11, 2025, Cielo received termination notices from Expander regarding the License Agreement and Management Services Agreement [8] - The company is reviewing the termination notices and statements of claim from Expander to protect shareholder interests [8][9]

Core Viewpoint - Cielo Waste Solutions Corp. asserts that Expander Energy Inc.'s recent press release contains material misstatements and is misleading, which could harm Cielo and its shareholders [1][2][7]. Group 1: Misstatements and Intentions - Cielo believes that Expander's press release aims to create distrust in Cielo's board and management, potentially causing irreparable harm [2][7]. - The company questions Expander's motives, suggesting that the request for shareholder approval to become a "Control Person" is unusual and indicative of Expander's intentions [8]. Group 2: Response and Engagement - Cielo invites all shareholders, including Expander, to engage in constructive dialogue for the betterment of the company and its stakeholders [3]. - The company is taking necessary steps to protect itself and its shareholders in light of the situation [7]. Group 3: Financial Statements and Requisition - Expander raised issues regarding Cielo's October 31, 2023 financial statements for the first time in its press release, despite these statements being available since December 15, 2023 [8]. - Cielo has disclosed that Expander submitted a requisition to seek shareholder approval for control, which the company views as a significant concern [8]. Group 4: Corporate Update - A corporate update webinar with Cielo's CEO and CFO has been rescheduled, with a new date to be announced later [9]. Group 5: Company Overview - Cielo Waste Solutions focuses on transforming waste materials into renewable fuels, aiming to address global waste challenges and contribute to the circular economy [10].

CALGARY, Alberta, April 02, 2025 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTC PINK:CWSFF) (“Cielo” or the “Company”) today announced that it has received a shareholder meeting requisition notice pursuant to Section 167(1) of the Business Corporations Act (British Columbia) (the “Requisition”) from Expander Energy Inc. (“Expander”), the Company’s largest shareholder, which holds in excess of five percent (5%) of the issued common shares of the Company. This follows Cielo’s announcement of A ...