Cielo Provides Update on Proposed Acquisition and Announces Investor Summit Presentation

Core Viewpoint - Cielo Waste Solutions Corp. is progressing with its proposed acquisition of proprietary project development and evaluation assets from Canadian Discovery Ltd., with an amendment to the binding letter of intent extending the timeline for completion [1][4][9] Group 1: Proposed Acquisition - The proposed acquisition is subject to finalization of a definitive asset purchase agreement, satisfaction of customary closing conditions, and receipt of necessary corporate and regulatory approvals, including from the TSX Venture Exchange [4] - The original closing date of the acquisition was set before March 31, 2026, but has been extended to April 15, 2026, due to administrative matters [9] - The amendment clarifies that Canadian Discovery Ltd. will remain responsible for seller obligations until a subsidiary is formed to take over these responsibilities [9] Group 2: Webcast Presentation - Cielo's CEO, Ryan C. Jackson, will participate in a webcast presentation at the Lytham Partners 2026 Industrials & Basic Materials Investor Summit on April 1, 2026 [2][5] - The webcast will be accessible through the conference home page and will also have a replay available [5] Group 3: Company Overview - Cielo Waste Solutions Corp. focuses on advancing waste-derived feedstocks into sustainable aviation fuel and other low-carbon energy products, leveraging strategic feedstock relationships and proven technologies [6] - The company is developing its initial project in British Columbia while building a scalable pipeline of clean fuels projects across North America and select international markets [6]