Ecolomondo Announces Private Placement to Advance Scrap Tire Recycling Technology

Montréal, Quebec — June 18, 2025 — NewsWall — Ecolomondo Corporation (TSXV: ECM) (OTC: ECLMF) has announced a non-brokered private placement of up to 3,100,775 units at C$0.16125 per unit, aiming to raise up to C$500,000.

Each unit includes one common share and one warrant, with each warrant allowing the holder to purchase a common share at C$0.24 within two years. The offering is expected to close around June 23, 2025, pending necessary approvals.

The company plans to use the proceeds for capital expenditures, working capital, accelerating the Hawkesbury TDP facility's production, and initial planning for the Shamrock, Texas project. Finders may receive a cash commission up to 6.0% of the gross proceeds.

Certain company insiders may participate in the offering, which would be considered a related party transaction under MI 61-101. Ecolomondo is relying on exemptions from formal valuation and minority shareholder approval requirements.

The securities have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption.

Ecolomondo has also released a webinar on its growth potential and a podcast featuring Executive Chairman Eliot Sorella.

Ecolomondo Corporation is a Canadian cleantech company focused on its Thermal Decomposition technology (TDP) for recycling scrap tires. Ecolomondo expects to be a leading player in the cleantech space and be an active contributor to the global circular economy. Revenues from TDP turnkey facilities will come from selling of the end-products they produce, namely recovered carbon black, oil, gas, fiber and steel and from tipping fees (or disposal fees) for the processing of scrap tires.

Contact:
JF Labbé
Interim CEO, Ecolomondo
Tel: (450) 587-5999
jflabbe@ecolomondocorp.com

Source: Ecolomondo Corporation