Ecolomondo Corporation Secures Extension of Court-Ordered Stay of Proceedings

Montreal, Québec — September 15, 2026 — Leads & Copy — Ecolomondo Corporation announced that the Superior Court of Québec (Commercial Division) has extended the stay of proceedings for the company and its wholly-owned subsidiaries, including Ecolomondo Environmental (Hawkesbury) Inc., Ecolomondo Environmental (Contrecoeur) Inc., 9083-5018 Québec Inc., and Ecolomondo Advanced Carbon Technologies Inc. The previous stay, which was set to expire on September 14, 2026, has now been extended until September 25, 2026.

This extension provides additional time for KPMG Inc., acting as the Monitor, to continue essential environmental remediation efforts related to an incident that occurred on August 21, 2026. Furthermore, the Monitor will use this period to negotiate and finalize an asset purchase agreement (APA) under the sale and investment solicitation process (SISP) procedures. The transaction contemplated by the APA will then be submitted to the Court for approval.

The Court has also issued an order approving the activities undertaken by the Monitor, as detailed in its Third Report dated September 10, 2026. The company noted that further information regarding the CCAA proceedings is available on the Monitor's website.

Ecolomondo Corporation, headquartered in Québec, is a Canadian cleantech company. Its operations focus on its proprietary Thermal Decomposition Process (TDP) technology. This technology is designed to recover valuable commodities from scrap tire waste, including recovered carbon black (rCB), tire-derived oil (TDO), syngas, fiber, and steel.

Additional news releases concerning the CCAA proceedings will be disseminated as required by law, applicable securities regulations, or as deemed necessary by the Company or the Court.

Source: Ecolomondo Corporation