Ecolomondo Retains ITG for Market Liquidity Services

Ecolomondo Corporation (TSXV: ECM) (OTC: ECLMF) (the “Company” or “Ecolomondo”), a cleantech company specializing in the commercialization of its Thermal Decomposition Process (“TDP”) proprietary recycling technology and the global deployment of TDP turnkey facilities, announces that, subject to regulatory approval, it has retained Independent Trading Group (ITG), Inc. ("ITG") to provide market making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange (“TSXV”) and other applicable legislation.

ITG will trade shares of Ecolomondo Corporation on the TSXV for the purposes of maintaining a reasonable and orderly market, and improving the liquidity of the companies’ common shares.

Under the agreement dated September 27, 2023, the Company will pay ITG $5,000 for fees plus applicable taxes per month. ITG will be responsible for the costs it incurs in buying and selling the Company's shares, and no third party will be providing funds or securities for the market making activities. The engagement has a term of one month and will renew for subsequent one-month terms, at $5,000 per month, unless either party provides 15 days written notice prior to the end of a term. The Company and ITG have an arm's length relationship, but ITG and/or its clients may have an interest, directly or indirectly, in the securities of the Company. The agreement is principally for the purposes of maintaining market stability and liquidity for the Company's common shares and is not a formal market making agreement. There are no performance factors contained in the agreement between ITG and the Company and ITG will not receive any shares or options from the Company as compensation for services it will render.

About Independent Trading Group (ITG), Inc.

ITG is a Toronto-based CIRO dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors. For further information regarding ITG, please visit ITG's website at https://independent-trading-group.com.