Mr. Ecolomondo Corp reports

ECOLOMONDO ANNOUNCES PRIVATE PLACEMENT

Ecolomondo Corp. has arranged a non-brokered private placement of up to 3,100,775 units of the company at a price of 16.125 cents per unit for gross proceeds of up to $500,000.

Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share of the company at a price of 24 cents at any time on or before that date which is two years after the closing date of the offering, provided that if the closing price of the common shares on the TSX Venture Exchange is equal to or greater than 35 cents for a period of 10 consecutive trading days, the company may accelerate the expiry date of the warrants by disseminating a press release within seven calendar days after the 10th trading day, and in such case the warrants will expire on the 30th day after the date on which such press release is disseminated.

The offering is scheduled to close on or about June 23, 2025, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. The company intends to use the net proceeds from the offering to projected capital expenditures, for general working capital purposes to meet strategic objectives and commitments, including the acceleration of the production ramp-up of the new Hawkesbury TDP facility and the initial planning, and preparation and legal expenses of the project in Shamrock, Tex.

At the closing of the offering, the company may pay to certain finders a cash commission of up to 6.0 per cent of the gross proceeds of the offering resulting from purchasers introduced by such finders. The securities issued under the offering will be subject to a hold period ending on the date that is four months plus one day following the date of issue, in accordance with applicable securities laws.

Certain insiders of the company may acquire units. Such participation will each be considered a related party transaction within the meaning of Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions (MI 61-101). The company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 related to the offering, and this due to the fair market value of the related party participation being below 25 per cent of the company's market capitalization for purposes of MI 61-101. The company will file a material change report in respect of the offering. However, the material change report will be filed less than 21 days prior to the closing of the offering, which is consistent with market practice and which the company deems reasonable in the circumstances.

Current events

Webinar available

A new webinar on Journey to Profitability: Unlocking Ecolomondo's ($ECM) Growth Potential explores the company's progress and future direction. Executive chairman Eliot Sorella discusses updates on the new milling line at the Hawkesbury TDP facility, growth targets, loan amendment agreements with Export Development Canada (EDC) and more.

New Ecolomondo podcast available

The company's executive chairman, Eliot Sorella, recently participated in a podcast in the series Stock to Watch. The video is available on:

• Youtube;
• Spotify.

About Ecolomondo Corp.

Ecolomondo, headquartered in Quebec, is a Canadian cleantech company that takes pride in its proprietary thermal decomposition technology (TDP). It has a 25-year history and during this time has been focused on its development of its technology and the deployment of TDP turnkey facilities. TDP recovers high value reusable commodities from scrap tire waste, notably rCB, oil, syngas, fibre and steel. Ecolomondo expects to be a leading player in the cleantech space and be an active contributor to the global circular economy. Ecolomondo trades in Canada on the TSX Venture Exchange under the symbol ECM and in the United States under the symbol ECLMF.

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