Mr.
Jean-Francois Labbe reports
ECOLOMONDO ANNOUNCES ORDER EXTENDING THE STAY OF PROCEEDINGS UNDER THE CCAA
The Superior Court of Quebec (Commercial Division) has issued an order extending the stay of proceedings in favour of
Ecolomondo Corp. and its wholly owned subsidiaries, Ecolomondo Environmental (Hawkesbury) Inc., Ecolomondo Environmental (Contrecoeur) Inc., 9083-5018 Quebec Inc. and Ecolomondo Advanced Carbon Technologies Inc.
The previous stay of proceedings set to expire on Sept. 14, 2026, has been extended up and until Sept. 25, 2026, providing KPMG Inc. (the monitor)
with additional time to: (i) continue the environmental remediation required further to an environmental incident that occurred on Aug. 21, 2026; and (ii) negotiate and sign an asset purchase agreement (APA) with the potential purchaser under the sale and investment solicitation process (SISP) procedures and submit the transaction contemplated by the APA for the court's approval.
An order has also been issued approving the activities of the monitor, as described in the third report of the monitor dated Sept. 10, 2026.
Additional information in respect of the CCAA proceedings can be found on the monitor's website. Readers are encouraged to consult the full text of the documents for further details. Further news releases will be provided during the CCAA proceedings as required by law and applicable securities regulations or as determined necessary by the company or the court.
About Ecolomondo Corp.
Ecolomondo, headquartered in Quebec, is a Canadian clean-technology company focused on its proprietary thermal decomposition process (TDP) technology, which recovers high-value commodities from scrap tire waste, including recovered carbon black (rCB), tire-derived oil (TDO), syngas, fibre and steel.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.