Ecolomondo Corporation Announces Court Orders Under CCAA Proceedings

Montreal, Québec, June 22, 2026 — Leads & Copy — Ecolomondo Corporation (TSXV: ECM), a Canadian cleantech company, announced that the Superior Court of Québec (Commercial Division) has issued a Second Amended and Restated Initial Order and a Sales and Investment Solicitation Process Order concerning the Company and its wholly-owned subsidiaries under the Companies' Creditors Arrangement Act (CCAA). These orders aim to facilitate a restructuring process for Ecolomondo and its subsidiaries, including Ecolomondo Environmental (Hawkesbury) Inc., Ecolomondo Environmental (Contrecoeur) Inc., 9083-5018 Québec Inc., and Ecolomondo Advanced Carbon Technologies Inc.

The Second Amended and Restated Initial Order extends the stay of proceedings until August 21, 2026. This extension provides stability for KPMG Inc., acting as the Monitor, to reduce operations and stabilize the Company's activities in consultation with Export Development Canada. The order also includes an increase in interim financing through an amended and restated DIP Facility and approves a key employee retention program with a super-priority charge to guarantee related payment obligations.

The Sales and Investment Solicitation Process Order establishes a two-phase bidding process designed to identify proposals for the sale and/or investment in the business of Ecolomondo and its subsidiaries. It also mandates that any current or former shareholders, directors, officers, employees, or related parties intending to act as a Related Bidder must provide notice of this intention by noon Eastern prevailing time on July 2, 2026.

Further details regarding the CCAA proceedings, including copies of the Second Amended and Restated Initial Order and the Sales and Investment Solicitation Process Order, will be made available on the Monitor’s website shortly. The Company stated that additional news releases will be provided as required by law, securities regulations, or as deemed necessary by the Company or the Court.

Ecolomondo Corporation, headquartered in Québec, focuses on its proprietary Thermal Decomposition Process (TDP) technology. This technology is designed to recover high-value commodities from scrap tire waste, such as recovered carbon black (rCB), tire-derived oil (TDO), syngas, fiber, and steel.

Source: Ecolomondo Corporation