Ecolomondo Corporation Inc. announced a non-brokered private placement of 5,714,286 units at CAD 0.35 per unit for gross proceeds of CAD 2,000,000 on January 20, 2017. Each unit consists of one common share and one half of one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of CAD 0.50 per share for a period of 18 months from the date of closing.