Financings
Ecolomondo Secures $2.7 million in Additional Financing

ECM · Price
Executive Summary
- Ecolomondo Corporation completed final documentation for a $2.7 million additional financing from Export Development Canada to fund the final stage of ramp‑up at its Hawkesbury TDP facility.
- The financing is accompanied by a temporary principal and interest payment holiday on existing loans during the 2026 operational ramp‑up period.
- The company previously reported record production in early January 2026, processing ~150,000 lb of crumb rubber into recovered carbon black, tire‑derived oil, syngas and steel, supporting the need for additional capital to expand workforce and increase output toward full capacity.
Key Details
- Financing Amount: $2.7 million CAD (additional to prior agreement).
- Lender: Export Development Canada (EDC).
- Purpose: Capital investments and working‑capital requirements for the Hawkesbury, Ontario TDP facility’s final ramp‑up stage; supports workforce expansion and production scaling.
- Payment Holiday: EDC granted a temporary holiday on principal and interest payments for existing loans throughout 2026 operational ramp‑up.
- Prior Agreement Reference: On Jan 12 2026, Ecolomondo announced an agreement in principle with EDC for financing to support additional capital investments and working capital at the Hawkesbury facility.
- Recent Production Highlights (week of Jan 12 2026):
- Processed ~150,000 lb crumb rubber → ~60,000 lb recovered carbon black, 75,000 lb tire‑derived oil, 15,000 lb syngas.
- Equivalent to processing ~9,375 scrap tires.
- CEO Quote: “This additional financing provides important financial flexibility as we complete the final stage of the Hawkesbury facility ramp-up… supports continued workforce expansion and a steady increase in production as we advance toward full operational capacity.” – Jean‑François Labbé, Interim CEO.
Notable Quotes
“This additional financing provides important financial flexibility as we complete the final stage of the Hawkesbury facility ramp‑up,” said Jean‑François Labbé, Interim Chief Executive Officer of Ecolomondo.
Materiality Assessment: Material – Positive (significant new financing that enables continued operational expansion and production growth).
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Jun 22, 2026 · 16:35