Cielo Waste Solutions Corp. announced that it has entered into an agreement to purchase land, on approximately 60 acres in Fort Saskatchewan, a municipality 25km from Alberta's capital city of Edmonton. The Land is a greenfield property with infrastructure including a 31,750 sq ft building and 35 acres that is graveled and improved, including fence, power and a yard compacted to 10 tons per square foot. The Land was developed in 2015 for approximately CAD 21 million in the Alberta Industrial Heartland, Canada's largest hydrocarbon processing region. The site was built by a global construction and fabrication company from Belgium, which management believes has many advantages for Cielo such as access to global markets through the two largest rail lines in Canada and pipelines to deliver fuel directly to off-take clients. The Land, with its amenities, is expected to accelerate the build-out of the proposed facility and shorten the timeframe to production considerably. Cielo has agreed to purchase the Land for CAD 13,000,000, $1,000,000 to be paid by way of two (2) refundable deposits by Cielo, and the balance to by funded by way of the Loan. While the purchase of an existing industrial building resulted in a higher initial cost than anticipated by the company, the value of the Land combined with the time savings compared to new construction, is substantially more beneficial to the company in the opinion of management. The purchase is subject to certain conditions and is anticipated to close upon the satisfaction of those conditions. Cielo will provide further updates as and when they become available.