Ecolomondo Corporation has received an order from the Superior Court of Québec extending the stay of proceedings, which covers the company and its wholly owned subsidiaries under the Companies’ Creditors Arrangement Act (CCAA)
The previous stay was due to expire on 25 September 2026, while the new order extends the stay until 9 October 2026. According to Ecolomondo, the extension gives KPMG Inc., acting as Monitor in the CCAA proceedings, additional time to finalise a purchase agreement with a potential purchaser identified through the company’s sale and investment solicitation process (SISP).
The proceedings cover Ecolomondo and its subsidiaries Ecolomondo Environmental (Hawkesbury), Ecolomondo Environmental (Contrecoeur), 9083-5018 Québec and Ecolomondo Advanced Carbon Technologies. The company said it will provide further updates during the CCAA proceedings as required by law and applicable securities regulations, or when considered necessary by Ecolomondo or the Court.
