Business
Ecolomondo Engages Volt Strategic Partners for Market Communications and Capital Advisory Services
(TheNewswire) Montreal – TheNewswire - August 9, 2021 Ec...
About this update from Ecolomondo Corporation
[{"type":"text","content":"Ecolomondo Engages Volt Strategic Partners for Market Communications and Capital Advisory Services\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Montreal –\n \n \n TheNewswire\n-\n \n \n August 9, 2021\n \n \n \n Ecolomondo Corporation\n \n \n \n (TSXV:ECM) (the “\n \n \n Company\n \n \n ” or “\n \n \n Ecolomondo\n \n \n ”), a\ncleantech company specializing in the development of proprietary\nThermal Decomposition Process (TDP) recycling technology and the\ncommercialization of turnkey TDP facilities used to transform tires,\nplastics and other hydrocarbon waste into salable renewable\ncommodities, is pleased to announce that it has retained\n \n \n \n Volt\nStrategic Partners Ltd.\n \n \n \n (“\n \n \n Volt Strategic\n \n \n ”\n \n \n ) as its capital markets and\ncommunications advisor.\n \n \n \n \n Volt Strategic is a market communications and capital\nadvisory firm working with senior business leaders and innovators to\nhelp grow organizational value, build business, and accelerate market\nappreciation for emerging technology, sustainability, and life\nsciences public companies.\n \n \n \n \n “As our first-of-its-kind Hawkesbury processing\nfacility comes online this Fall, we’re embarking on an aggressive\nexpansion plan to solidify industry partnerships and formalize new\ncustomer opportunities,” said Ecolomondo’s Chairman and Chief\nExecutive Officer, Elio Sorella. “Volt Strategic came to us highly\nrecommended, and has already been making meaningful industry\nintroductions that will help shape and scale our growth efforts moving\nforward.”\n \n \n \n \n Under the terms of the July 30, 2021 agreement with\nVolt Strategic, Ecolomondo will pay Volt Strategic an aggregate amount\nof $37,500 over a term of three months for services and has granted\n \n \n 175,000 stock options of the Company,\nexercisable for a period of two years at a price of $0.65 per share.\n \n \n The Company will also provide Volt Strategic\nwith a $25,000 refundable liquidity deposit (the “\n \n \n Liquidity Deposit\n \n \n ”)\non commencement of services that will be returned to the Company at\nthe end of the term. The agreement between the Company and Volt\nStrategic may be extended with the prior written consent of the\nparties or terminated at...