Northwire Canada EditionThursday, July 16, 2026
Northwire
GGAU 0.190 +0.0% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.14 +0.0% NOBL 0.100 +0.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.45 +0.0% CAM 0.335 +0.0% SYH 0.405 +0.0% LOT 0.040 +0.0% CPL 0.190 +0.0% OTMC 0.400 +0.0% PEX 0.185 +0.0% GGAU 0.190 +0.0% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.14 +0.0% NOBL 0.100 +0.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.45 +0.0% CAM 0.335 +0.0% SYH 0.405 +0.0% LOT 0.040 +0.0% CPL 0.190 +0.0% OTMC 0.400 +0.0% PEX 0.185 +0.0%
Financings

Ecolomondo Recaps a Transformational 2025

ECM · Price

Executive Summary

  • Ecolomondo reported a transformational 2025 with commercial production of recovered carbon black (rCB) and tire‑derived oil (TDO), shipping 22 truckloads of rCB (~ $800k revenue) and 15 tanker loads of TDO (~ $310k revenue).
  • The company completed two private placements raising C$1.0 M (May 2) and $500 k (June 23) and secured a C$2.0 M Export Development Canada credit facility to fund new milling equipment.
  • A binding joint‑venture agreement was signed with Spain’s ARESOL to develop four turnkey TDP facilities in Europe, and several senior appointments were made (new auditor, two directors, CTO).

Key Details

  • Production Milestones – New milling equipment delivered Jan 2025; commissioning completed Jun 2025; commercial rCB production started Jul 2025.
  • Batch Output 2025 – Q1: 17 full‑capacity batches; Q2: 33; Q3: 29; Q4: 69 (total 148 full‑capacity batches).
  • Revenue Generation – rCB shipments: 22 truckloads ≈ $800,000; TDO shipments: 15 tanker loads ≈ $310,000.
  • Joint Venture – Binding JV with Alternativas Riojanas Eólicas y Solares S.L. (ARESOL) to build four turnkey TDP plants in Europe (agreement signed Aug 2025).
  • Financing – Private placement 1: closed May 2, gross proceeds C$1.0 M; Private placement 2: closed Jun 23, gross proceeds $500 k. Credit facility: C$2.0 M with Export Development Canada (secured Jan 2025) used to purchase milling equipment.
  • Corporate Changes – ForvisMazars S.E.N.C.R.L. appointed new auditor; Frank Kelly and Véronique Laberge added to Board of Directors; Mario Mantaci, P.Eng., M.Eng., hired as Chief Technology Officer (Oct 2025).
  • Forward‑looking Outlook – Management expects “unprecedented” production growth in 2026 and continued expansion into North America and Europe.

Notable Quotes

“2025 was a transformational year for the Company. Increased production, higher revenues, and improved overall performance are very encouraging, and we are looking ahead to an unprecedented 2026.” – Eliot Sorella, Executive Chairman


Materiality Assessment: Material – Positive (significant operational ramp‑up, revenue generation, financing activities, and strategic JV that could materially affect future performance).

Read the original news release →

More from Ecolomondo Corporation