Cielo Announces Closing of First Tranche of Unit Offering and Closing of Securities for Debt Transactions

The Company is also pleased to announce the closing of its previously announced settlement of an aggregate $1,967,766 in outstanding indebtedness (the "Debt") through the issuance of securities of the Company (the 'Shares for Debt Transactions"). Under the terms of the settlement agreements executed by the Company with multiple creditors (the "Creditors"), respectively (the "Settlement Agreements"), the Company issued: THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR D ...