Business
Cielo Announces Appointment of Andrea Whyte to Board of Directors and Provides MCTO Update
VANCOUVER, BC / ACCESSWIRE / September 14, 2021 / Cielo WasteSolutions Corp. (TSXV:CMC)(OTCQ...
About this update from Cielo Waste Solutions Corp.
[{"type":"text","content":"Cielo Announces Appointment of Andrea Whyte to Board of Directors and Provides MCTO UpdateVANCOUVER, BC / ACCESSWIRE / September 14, 2021 / Cielo WasteSolutions Corp. (TSXV:CMC)(OTCQB:CWSFF) (\"Cielo\" or the \"Company\") announces the appointment of Andrea Whyte to the Board of Directors (the \"Board\"), effective as of September 9, 2021, and the filing of its Annual Documents (as defined below).Appointment of Andrea WhyteAndrea Whyte is a Partner, with Osler, Hoskin & Harcourt LLP (\"Osler\"). Ms. Whyte's practice focuses on corporate finance, mergers and acquisitions, corporate governance, executive compensation and general corporate matters.Andrea's leading expertise has been recognized by Chambers, Lexpert, International Financial Law Review (IFLR) and Best Lawyers. Andrea is also a director of several non-profit and private companies.Ms. Andrea Whyte stated \"I am delighted to join the Cielo board and be part of a company focused on providing clean, innovative, renewable energy solutions to address excess waste. I look forward to working with Don Allan and the entire Cielo team.\"Don Allan CEO of Cielo stated: \"I am pleased and honoured to have Andrea Whyte join our Board. Ms. Whyte will be an active member taking the \"Lead Director\" role. I look forward to working with Ms. Whyte and welcome her to the Cielo Team.\"Update on MCTOThe Company is also providing an update with respect to the previously announced management cease trade order (the \"MCTO\") issued by the British Columbia Securities Commission (the \"BCSC\") pursuant to National Policy 12-203 - Management Cease Trade Orders (\"NP 12-203\"), as announced on August 27, 2021, and subsequently September 7, 2021 (the \"Previous News Releases\"). The MCTO was issued in connection with the delayed filing of its annual audited financial statements for the year ended April 30, 2021 (the \"Financial Statements\"), related management discussion and analysis (the \"MD&A\") and officer certificates (the \"Certificates\", together with the Financial Statements and the MD&A, collectively the \"Annual Documents\") on www.sedar.com as required pursuant to applicable securities laws.The Company has been advised by its auditors that a short additional period of time is required to complete their final review of the Annual Documents. The Company expects to file the An...