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Ecolomondo Secures Loan Amendments with EDC to Boost Operations

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Ecolomondo Secures Loan Amendments with EDC to Boost Operations

Confident Investing Starts Here:

The latest update is out from Ecolomondo Corporation ( (TSE:ECM) ).

Ecolomondo Corporation has reached an agreement in principle to amend loan terms with Export Development Canada, enhancing its working capital and investor confidence. The company has invested in upgrading its Hawkesbury facility, which will significantly boost its processing capacity and meet customer specifications, positioning Ecolomondo as a key player in the sustainable recycling industry.

More about Ecolomondo Corporation

Ecolomondo Corporation, headquartered in Québec, is a Canadian cleantech company specializing in proprietary Thermal Decomposition technology (TDP) that recovers high-value reusable commodities from scrap tire waste, including recovered carbon black, oil, syngas, fiber, and steel. The company aims to be a leader in the cleantech space and contribute to the global circular economy.

YTD Price Performance: -19.44%

Average Trading Volume: 34,602

Technical Sentiment Signal: Buy

Current Market Cap: C$31.54M

For an in-depth examination of ECM stock, go to TipRanks’ Stock Analysis page.

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