Pursuant to a special resolution passed by shareholders of Cielo Waste Solutions Corp. on Oct. 26, 2023, the company has consolidated its capital on a one-new-for-15-old basis. The name of the company has not been changed.
Effective at the opening on Monday, Jan. 29, 2024, the common shares of the company will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a chemical manufacturing company.
Postconsolidation capitalization: unlimited shares with no par value of which 113,302,703 shares are issued and outstanding
Escrow: 11,277,447 shares are subject to escrow
Transfer agent: Olympia Trust Company
Common shares trading symbol: CMC (unchanged)
Cusip No.:
17178G302 (new)
Common share purchase warrants set to expire on July 8, 2027
Trading symbol: CMC.WT (unchanged)
Cusip No.: 17178G112 (unchanged)
Effective at the opening on Jan. 29, 2024, the warrants will be adjusted such that 15 warrants will be exercisable for $1.35 to receive a whole common share of the company on a postconsolidated basis.
© 2024 Canjex Publishing Ltd. All rights reserved.