Business
Ecolomondo Reaches Agreement in Principle for Financing of $2.7 million
(TheNewswire)   Montreal, QC, January 12 , 2026 – TheNewswire - Ecolomondo C...
About this update from Ecolomondo Corporation
[{"type":"text","content":"Ecolomondo Reaches Agreement in Principle for Financing of $2.7 million \n(TheNewswire)\n\n\n\n \n\n\nMontreal, QC, January 12, 2026\n– TheNewswire - Ecolomondo Corporation (TSXV: ECM) (OTCQB: ECLMF) (the “Company” or\n“Ecolomondo”), a leading Canadian innovator in sustainable scrap tire\nrecycling technology, announces it has reached an agreement in\nprinciple for financing of $2.7 million with Export Development Canada\n(“EDC”) to finance additional capital investments and working\ncapital needed to achieve ramp-up of the Company’s Hawkesbury TDP\nfacility.\n\n\n \n\n\nEcolomondo and EDC have been in negotiations for\nseveral months and recently agreed in principle to acceptable loan\nconditions to obtain funds to ensure that the Hawkesbury TDP facility\nhas enough liquidity available to finance capital investments and\nworking capital, projected to get to full ramp-up of\noperations.\n\n\n \n\n\nSubject to final documentation, the commitment amount on the Company’s subsidiary\nEcolomondo Environmental (Hawkesbury) Inc’s existing $2 million loan\nsigned in January 2025 will be increased by $2.7 million. In addition to the financing, EDC has\nagreed in principle to a temporary principal and interest holiday\nduring the 2026 ramp-up period for loans signed in January 2025 and\nJuly 2024.\n\n\n \n\n\n\"We have been working steadily in Hawkesbury,\nhiring, training increasing production, increasing sales and, most of\nall, improving efficiency. This additional financing from EDC is\ngreatly appreciated and should allow the Hawkesbury TDP facility to\nachieve its full potential \", said Jean-François Labbé, Interim\nCEO of the Company.\n\n\n \n\n\nAbout Ecolomondo Corporation\n\n\n \n\n\nEcolomondo Corporation is a Canadian cleantech company\nthat prides itself after its proprietary Thermal\nDecomposition technology TDP which is headquartered in Québec, Canada. It\nhas a 25-year history and\nduring this time has been focused on\nits development\nof its technology and\nthe deployment of TDP turnkey facilities. TDP\nrecovers high value re-usable commodities from scrap tire\nwaste, notably rCB,\noil, syngas, fiber and\nsteel. Ecolomondo expects to be a leading player\nin the cleantech space and be an active contributor to...