Montreal, June 17, 2022 Ecolomondo Corporation (TSX-V: ECM) (the Companyor Ecolomondo”) wishes to inform its shareholders that, during the Company’s annual  general meeting of shareholders (the “AGM”) that was virtually held on June 14, 2022,  the shareholders of the Company (the “Shareholders”) unanimously adopted all resolutions presented to them outlined in the information circular that was sent to them and filed on SEDAR dated May 13th, 2022 (the “Information Circular”).  

The Shareholders approved all resolutions put before them, namely: (i) setting the  number of the board of directors to eight and the election of the directors of the Company for the ensuing year (for further information on the elected directors, please refer to the  Information Circular), (ii) the re-appointment of Raymond Chabot Grant Thornton LLP  as auditors for the ensuing year; and (iii) the Company’s “rolling” stock option plan. 

The AGM was duly constituted and a total of 146,932,872 common shares were  represented at the AGM, representing 80.02% of the issued and outstanding common  shares of the Company.  

During the AGM, the CEO of the Company, Mr. Elio Sorella, explained that construction  of the Hawkesbury plant has been completed and that commissioning of the Hawkesbury  Thermal Decomposition facility is advancing daily with initial production soon to begin  with ramp-up of production to begin early in August 2022.  

Eliot Sorella, President & CEO, pointed out that “while COVID brought some delays to  the commissioning timeline of our Hawkesbury project, and even though we are still  feeling some of the tailwinds of COVID, such as unprecedented inflation, tight supplies and long delivery delays, the Hawkesbury facility is still on track to soon be  commissioned followed by the beginning of commercial operations”. 

Ecolomondo Hawkesbury TDP Facility

The Hawkesbury TDP facility will be comprised of four different processing departments  (shredding, thermal processing, recovered carbon black processing, oil fractionation) and,  once fully operational, this facility is expected to process a minimum of 14,000 tons of  tire waste per year and produce 5,300 tons of recovered carbon black, 42,700 barrels of  oil, 1,800 tons of steel, 1,600 tons of process gas and 850 tons of fiber. Management  believes that the commercial operation of the Hawkesbury facility should solidify  Ecolomondo’s position as an industry leader in thermal processing of hydrocarbon waste.  

Please visit the Company’s website at for updates on the  Company’s Hawkesbury facility.  

Mr. Sorella also indicated shareholders that “continuing interest rate increases will lead to  higher costs for the equity financing of the recently announced Shamrock, Texas project.  The Company is following the situation closely and will advise investors accordingly as  it is approaching the completion of the financing of the Texas project.”  

TDP is Environmentally Friendly – CO2 Reduction 

By producing rCB, TDP reduces GHG emissions by 90% versus the production if virgin  carbon black. The production of rCB at the Hawkesbury and Shamrock facilities will  reduce CO2 emissions by 22,400 and 67,200 tons per year, respectively. 

About TDP 

The TDP system is technically proven and is superior to other pyrolysis technologies.  Over the years, our Technical Teams were able to overcome all uncertainties that plagued  most competitors especially in these areas: pre-filtration, reactor cooling, reactor rotation,  reactor evacuation, water recycling, cleaning of rCB (hydrocarbon removal), mass  monitoring, heat curve development, humidity and water removal, safety testing, full  system automation, emissions control and monitoring, rCB and pyrolysis oil post  processing, efficient syngas reuse.  

About Ecolomondo Corporation 

Ecolomondo Corporation is a Canadian cleantech company headquartered in Québec,  Canada with an over 25-year history focused on waste-to-resource technology  development and deployment. Ecolomondo has developed the proprietary TDP which  recovers high value circular commodities from end-of-life tires including rCB, oil and  steel. TDP lowers carbon emissions by up to 90% versus virgin carbon black production.  Ecolomondo has adopted a triple bottom line approach to business focused on people,  planet, and profit. Ecolomondo trades on the TSX Venture Exchange under the symbol  (TSXV:ECM). To learn more, visit 

Ecolomondo Corporation Contact 

Eliot Sorella 

Chairman and Chief Executive Officer, Ecolomondo  

Tel: (450) 587-5999 

Cautionary Note Regarding Forward Looking Statements  

The information in this news release includes certain information and statements about  management’s view of future events, expectations, plans and prospects that constitute  forward looking statements. These statements are based upon assumptions that are  subject to significant risks and uncertainties. Because of these risks and uncertainties and  as a result of a variety of factors, the actual results, expectations, achievements or  performance may differ materially from those anticipated and indicated by these forward looking statements. Although Ecolomondo believes that the expectations reflected in  forward looking statements are reasonable, it can give no assurance that the expectations  of any forward-looking statements will prove to be correct. Except as required by law,  Ecolomondo disclaims any intention and assumes no obligation to update or revise any  forward-looking statements to reflect actual results, whether as a result of new  information, future events, changes in assumptions, changes in factors affecting such  forward-looking statements or otherwise.  

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is  defined in the policies of the TSX Venture Exchange) accepts responsibility for the  adequacy or accuracy of this release.