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[VIDEO ENHANCED] Ecolomondo Releases its Interim Consolidated Financial Statements for the Second Quarter of 2025
(TheNewswire) Montreal, QC, August 29, 2025 – TheNewswire - Ecolomondo C...
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About this update from Ecolomondo Corporation
[{"type":"text","content":"[VIDEO ENHANCED] Ecolomondo Releases its Interim Consolidated Financial Statements for the Second Quarter of 2025\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Montreal, QC, August 29, 2025 –\n \n\n TheNewswire\n \n\n -\n \n\n Ecolomondo Corporation\n \n\n (TSXV: ECM) (OTC: ECLMF) (the “\n \n\n Company\n \n\n ” or\n“\n \n\n Ecolomondo\n \n\n ”), a leading Canadian innovator in sustainable scrap tire\nrecycling technology,\n \n\n announces the release of\nits unaudited consolidated financial statements and notes thereto and\nits related management discussion and analysis for the three-month\nperiod ended June 30, 2025. These documents are available on SEDAR at\n \n\n\n\n www.sedar.com\n \n\n\n .\n \n\n\n The Company made significant progress in its\ncommercialization during the second quarter of 2025. The Company\nachieved important milestones especially related to the installation\nand commissioning of the new milling equipment, in the recovered\nCarbon Black (“\n \n\n rCB\n \n\n ”) department. It also produced rCB and\nwas able to supply samples for testing to its main off-take customer.\nThe commissioning of the new milling line is very important to achieve\nfull ramp-up of the Hawkesbury plant because the rCB is the largest\nrevenue driver.\n \n\n\n\n As a subsequent event to the second quarter, in July,\nthe Company’s main offtake client for rCB approved the quality of\nrCB produced at the Hawkesbury TDP facility. The client issued 5\nconsecutive purchase orders from July to August for truckloads of\n23-24 metric tons of rCB, which have already been delivered. In\naddition, another major off-take customer based in the USA recently\napproved the quality of the Company’s rCB produced at the Hawkesbury\nTDP facility and the Company expects that the customer should soon\nbegin to place bulk purchase orders of rCB.\n \n\n\n\n During the second quarter of 2025, the Company also\nexecuted key financial activities. It raised $1.5 million in capital\nwith 2 private placements. It also agreed with Export Development\nCanada (“\n \n\n EDC\n \n\n ”) for a temporary principal and interest postponement on\nits 3 loan agreements (the main Amended and Restated Loan Agreement of\n$37.9M signed in December 20...