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Ecolomondo Corp
Symbol ECM
Shares Issued 226,799,685
Close 2026-05-21 C$ 0.115
Market Cap C$ 26,081,964
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Ecolomondo monitor issues certificate for asset deal

2026-11-05 14:24 ET - News Release

Mr. Jean-Francois Labbe reports

ECOLOMONDO ANNOUNCES ISSUANCE OF MONITOR'S CERTIFICATE CONFIRMING EXECUTION AND DELIVERY OF ASSET PURCHASE AGREEMENT

The monitor certificate confirming the execution and delivery of the asset purchase agreement entered into by and between KPMG Inc., in its capacity as monitor, for and on behalf of Ecolomondo Corp. and its subsidiaries, Ecolomondo Environmental (Hawkesbury) Inc., Ecolomondo Environmental (Contrecoeur) Inc., 9083-5018 Quebec Inc. and Ecolomondo Advanced Carbon Technologies Inc. (collectively, the vendors), and Tire Reviver Inc. (the purchaser), has been issued. The Superior Court of Quebec (Commercial Division) approved the purchase agreement and the transactions contemplated therein through the issuance of its vesting order on Oct. 22, 2026, within the scope of the vendors' proceedings under the Companies' Creditors Arrangement Act (CCAA).

Accordingly, the monitor has issued its certificate, confirming:

  • The purchase agreement has been executed and delivered;
  • The consideration (as defined in the purchase agreement) has been satisfied by the purchaser upon closing, in accordance with the terms and subject to the conditions of the purchase agreement;
  • All conditions to the closing of the transaction have been satisfied and/or waived by the parties thereto.

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.

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