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Cielo Announces Binding Letter of Intent to Acquire Carseland Facility from Rocky Mountain Clean Fuels Inc. and Announces Termination of Agreements with Renewable U Energy Inc.

The acquisition of the Enhanced Gas to Liquids ("EGTL™") facility located in Carseland, Alberta, is valued at $125 millionCielo intends to form a limited partnership (the "Cielo LP") that will own the acquired