Ecolomondo Engages Craft Capital Management As Its Strategic Investment Banking Advisor

Core Viewpoint - Ecolomondo Corporation has engaged Craft Capital Management as its strategic investment banking advisor to support its capital markets strategy and facilitate its planned uplisting to NASDAQ, aiming to enhance its global growth strategy in sustainable scrap tire recycling technology [1][2][3] Company Overview - Ecolomondo Corporation is a Canadian cleantech company focused on its proprietary Thermal Decomposition Process (TDP) technology, which recovers high-value commodities from scrap tire waste, including recovered carbon black (rCB), tire-derived oil (TDO), syngas, fiber, and steel [4] - The company aims to be a leading producer and reseller of recovered resources by building and operating TDP facilities strategically located in industrialized countries [10] Financial Strategy - Craft Capital's mandate includes supporting Ecolomondo's financing initiatives and facilitating its uplisting to NASDAQ, which is expected to provide access to necessary capital for executing its growth strategy [2][3] - Revenue streams from TDP facilities will come from the sale of end-products such as rCB, oil, steel, and syngas, as well as tipping fees for processing scrap tires [5] Facility Developments - The Hawkesbury facility is expected to process approximately 1.3M to 1.5M scrap tires per year, producing around 4,000 MT of rCB, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas [7] - The Shamrock facility is projected to process 5 million end-of-life tires per year, yielding approximately 15,000 MT of rCB, 18,000 MT of oil, 7,500 MT of steel, and 4,500 MT of syngas, with construction expected to begin in Q3 2025 at a projected cost of approximately US$93 million [8] Environmental Impact - The TDP process is environmentally friendly, reducing greenhouse gas emissions by 90% compared to the production of virgin carbon black, with the Hawkesbury and Shamrock facilities expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively [15]