Eco Innovation Group (ECOX) and WRA Holdings Announce Strategic Partnership with Térraba Indigenous Territory for Raw Materials Supply to Support National Infrastructure Program

Rhea-AI Summary

Eco Innovation Group (OTC:ECOX) and WRA Holdings announced a strategic partnership with the Térraba Indigenous Association dated December 11, 2025, to provisionally secure raw materials for a Costa Rica national infrastructure program.

The Association committed approximately 2,400 hectares (~6,000 acres) for potential sand, gravel and other materials subject to Prior, Free, and Informed Consultation under ILO Convention 169. The Association allocated $15,000 to the consultation process and awaits a tribal council vote. The program references approximately $700 million in project financing in final settlement and notes ECOX extinguished a legacy convertible note of $195,000 on December 8, 2025.

Positive

• Land commitment of 2,400 hectares for raw materials
• Approximately $700 million in project financing in final settlement
• Eliminated legacy convertible debt of $195,000
• Seven additional sovereign tribes expressed formal interest

Negative

• Resource access contingent on environmental and governmental approvals
• Térraba tribal council final vote still pending
• Raw material use depends on Prior, Free, and Informed Consultation outcomes

Key Figures

Indigenous land area 2,400 hectares Committed by Térraba Indigenous Association for potential development

Indigenous land area 6,000 acres Approximate size of committed territory

Track elevation 6 feet Planned height of elevated national railway track beds above grade

Project financing $700 million Project financing backing Costa Rica portfolio in final settlement

Consultation funding $15,000 Allocated by Térraba Association for formal consultation process

Legacy note $195,000 Final convertible note extinguished on Dec 8, 2025

Initial investment $800 million Planned initial infrastructure investment from Nov 7 LOI

Program size $3.8–$5 billion Estimated size of national program from Nov 7 LOI

Market Reality Check

$0.0006 Last Close

Volume Volume 435,613,607 is slightly below the 20-day average of 457,084,149 (relative volume 0.95). normal

Technical Reported 200-day MA is 0 with price flagged as trading above it, making this trend signal inconclusive.

Peers on Argus

ECOX traded flat while sector peers were mostly unchanged; only EVSV showed notable strength, rising 26.92%, indicating today’s setup appears stock-specific rather than a broad Industrials move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 08	Merger & financing	Positive	+50.0%	Definitive WRA merger agreements, $700M project financing, and note extinguishment.
Nov 13	Railway feedback	Positive	+0.0%	Positive INCOFER response to National Railway Master Plan and preferred stock retirement.
Nov 12	Rail plan update	Positive	-25.0%	Railway Master Plan presentation timing plus quarterly report on debt and preferred balance.
Nov 10	Visioning plan	Positive	-42.9%	Detailed Costa Rica Visioning Plan tied to proposed WRA share-exchange merger.
Nov 07	LOI merger	Positive	+200.0%	Non-binding LOI to merge with WRA, outlining multi-billion dollar infrastructure program.

Pattern Detected

Positive Costa Rica and capital-structure news has produced mixed reactions, with some sharp rallies but several selloffs or flat responses, indicating inconsistent alignment between news tone and price moves.

Recent Company History

Over the last month, ECOX has focused on a merger with WRA and large-scale Costa Rica infrastructure plans. A Nov 7 LOI outlined $800 million in initial investment and up to $5 billion in program size. Subsequent releases detailed national railway and redevelopment plans and disclosed legacy debt levels. On Dec 4, definitive agreements were executed and approximately $700 million in project financing was confirmed in clearing, with a final $195,000 note extinguished on Dec 8. Today’s indigenous raw-materials partnership builds directly on that infrastructure narrative.

Market Pulse Summary

This announcement expands ECOX’s Costa Rica strategy by adding a Letter of Commitment with the Térraba Indigenous Association, covering about 2,400 hectares for potential raw-materials supply, alongside roughly $700 million in related project financing. It also highlights elimination of the final $195,000 convertible note and intentions to limit new issuances. Investors may focus on consultation milestones, governmental approvals, and how these partnerships integrate with the previously outlined multi‑billion‑dollar infrastructure program.

Key Terms

international labour organization (ilo) convention 169 regulatory

"The partnership is structured in accordance with International Labour Organization (ILO) Convention 169"

An international labour organization (ILO) Convention 169 is a binding international treaty that sets standards for the rights of indigenous and tribal peoples, especially around land, natural resources, consultation and free, prior and informed consent. For investors it matters because it creates legal and social rules—like a set of ground-level permits and community agreements—that can affect access to resources, project approvals, timelines, legal risk and reputational exposure when business involves indigenous lands or communities.

prior, free, and informed consultation (cpli) regulatory

"ensuring that all activities proceed through a Prior, Free, and Informed Consultation (CPLI) process"

Prior, free, and informed consultation (CPLI) is a legal and ethical process that requires governments or companies to talk with affected communities—often Indigenous groups—before decisions that affect their lands, resources, or rights are made. It matters to investors because it can determine whether a project gets a social license to operate, avoid costly delays or legal challenges, and reduce reputational risk; think of it as getting clear permission and agreement from neighbors before building on shared property.

circular economy technical

"development of a sustainability-oriented indigenous community based on circular economy principles"

A circular economy is a way of designing and using products so that materials are reused, repaired, or recycled rather than discarded as waste. It mimics natural systems where resources are continually reused, reducing environmental impact and conserving resources. For investors, it represents an opportunity to support sustainable businesses that focus on efficiency and long-term resource management.

free-trade zones financial

"Free-trade zones and industrialization of raw materials"

Designated areas within a country where goods can move, be stored, processed or re-exported with reduced customs duties, simpler paperwork and sometimes tax breaks. Investors care because these zones can cut production and shipping costs, speed up cross-border trade and attract manufacturers or logistics firms—similar to a special business district with looser rules that can boost profit margins and accelerate market access, but also bring regulatory and political risk differences.

convertible debt financial

"ECOX reiterates that it has eliminated all toxic convertible debt from non-strategic lenders"

A convertible debt is a loan a company takes that gives the lender the option to swap the owed money for a set number of the company’s shares instead of getting cash back. It matters to investors because it can change who owns the company and how much their shares are worth: if lenders convert, existing shareholders can be diluted, but conversion can also signal confidence and reduce a company’s cash pressure — like getting a coupon that can be redeemed for store ownership rather than a refund.

convertible note financial

"the final legacy convertible note in the amount of $195,000 was extinguished"

A convertible note is a type of loan that a company gets from investors, which can later be turned into company shares instead of being paid back in cash. It matters because it helps startups raise money quickly without setting a fixed value for the company right away, making it easier to grow and attract investors.

project financing financial

"environmental redevelopment projects backed by approximately $700 million in project financing"

Project financing is a way to fund a single, large project — such as a power plant, toll road, or mine — where lenders and investors look primarily to the project’s future cash flow and assets for repayment rather than the company’s overall balance sheet. It matters to investors because it isolates risk and return: like a mortgage tied to a single house, the project’s performance determines who gets paid and how much, affecting credit risk, expected returns, and how losses are absorbed.

free-trade zone financial

"Free-trade zones and industrialization of raw materials"

A free-trade zone is a designated area where goods can be imported, stored, processed, or re-exported with reduced customs controls, tariffs, or taxes compared with the rest of a country. For investors, these zones can lower operating costs and speed supply chains—similar to a special shopping district with faster checkout—while also concentrating regulatory and political risks that can affect profitability and valuation.

AI-generated analysis. Not financial advice.

Indigenous Association Commits Approximately 2,400 Hectares to Supply Sand, Gravel, and Raw Materials for Costa Rica Infrastructure Buildout Including Elevated National Railway; Partnership Advances Humanitarian Initiatives; Seven Additional Sovereign Tribes Express Interest

SCOTTSDALE, AZ / ACCESS Newswire / December 11, 2025 / Eco Innovation Group, Inc. (OTC:ECOX) ("ECOX") and WRA Holdings, Inc. ("WRA") announce a significant advancement in securing critical raw materials for the Companies' national infrastructure and environmental redevelopment program in Costa Rica.

The Asociación de Desarrollo Integral de Reserva Indígena de Térraba (Térraba Indigenous Integral Development Association), one of Costa Rica's sovereign indigenous communities, has executed a Letter of Commitment formalizing its intent to partner with WRA on the Concepcional Master Plan project. Under the proposed arrangement, the Association has committed approximately 2,400 hectares, nearly 6,000 acres of, indigenous territory for potential development and resource extraction activities, including sand, gravel, and other raw materials essential to the infrastructure buildout.

The partnership is structured in accordance with International Labour Organization (ILO) Convention 169, which Costa Rica ratified under Law No. 7316, ensuring that all activities proceed through a Prior, Free, and Informed Consultation (CPLI) process that respects indigenous rights, self-determination, and development priorities. The collaboration is designed to deliver long-term benefits to the Térraba community, including the potential development of healthcare, educational, and essential infrastructure, subject to the outcomes of the consultation process and decisions of the relevant authorities. The Association has completed internal preparatory steps and is awaiting a final vote from the tribal council to proceed.

Expanding Indigenous Partnerships

In addition to the Térraba agreement, WRA reports that seven other sovereign indigenous tribes have expressed formal interest in evaluating similar partnership opportunities. These potential collaborations would expand access to domestically sourced raw materials essential for WRA's broader infrastructure portfolio. These materials, particularly sand and gravel, play a critical role in the construction of WRA's national railway system, which is being designed with elevated track beds approximately six feet above grade to enhance flood resilience, operational safety, and long-term durability. Additional raw materials including limestone and wood may further support construction activities, reducing reliance on imported inputs and strengthening domestic supply chains.

"This partnership with the Térraba Indigenous community represents a transformative step in how large-scale infrastructure development can be executed responsibly, sustainably, and in collaboration with indigenous peoples," said Cornel Alvarado, President and CEO of WRA Holdings, Inc. "For too long, indigenous communities have watched development happen around them without receiving meaningful benefits. Through this proposed partnership, we aim to help bring healthcare, education, and essential infrastructure to the Térraba people, resources they have long sought but lacked access to. The sand and gravel from these territories are expected to support foundational elements of Costa Rica's national railway, which we are designing to be elevated above grade for resilience and safety. By securing these essential materials under internationally recognized consultation frameworks, we aim to establish a model where development aligns with community priorities. The interest from seven additional tribes reflects strong regional engagement, and we are committed to approaching each opportunity with the same consultation and respect."

A Humanitarian Initiative for All of Costa Rica

WRA's partnership with the Térraba Indigenous community reflects a broader initiative to support inclusive development across Costa Rica. The Companies' national infrastructure program encompassing rail, energy, waste management, healthcare, and environmental redevelopment is designed to improve quality of life while strengthening domestic supply chains and employment opportunities. By sourcing materials domestically where feasible and working collaboratively with local and indigenous communities, the program seeks to foster sustainable economic growth that reaches historically underserved regions.

Empowering Indigenous Communities Through Development

Central to the partnership is WRA's commitment to ensuring that indigenous communities have the opportunity to benefit directly from development activities carried out on their lands. The Concepcional Master Plan includes provisions for proposed healthcare facilities, schools, and educational infrastructure to serve indigenous families, while also preserving cultural heritage. These community-focused elements represent a shift from past development models, aligning potential resource development with long-term social investment.

Project Scope and Raw Materials

The Concepcional Master Plan envisions the development of a sustainability-oriented indigenous community based on circular economy principles. The project contemplates coordinated development across multiple sectors, including:

• Healthcare facilities and hospitals

• Schools and educational infrastructure

• Agroindustry and sustainable production

• Transportation infrastructure (air, sea, and land)

• Sand and gravel extraction and processing for national railway and construction projects

• Free-trade zones and industrialization of raw materials

• Energy production and waste management

• Housing and sustainable tourism development

Raw materials extracted from indigenous territories, subject to environmental, consultation, and governmental approvals, are expected to support elements of WRA's broader Costa Rica infrastructure portfolio. The national railway project requires large volumes of aggregate material for elevated track beds designed to withstand flooding and extreme weather. These domestically sourced materials may also support port modernization, waste-to-energy facilities, and environmental redevelopment projects backed by approximately $700 million in project financing currently in final settlement.

Consultation Process and Timeline

The Térraba Indigenous Association has initiated communication with the Technical Unit for Indigenous Consultation under Costa Rica's Ministry of Justice and Peace to determine the procedural pathway under Executive Decree No. 40932-MP-MJP. The Association has allocated $15,000 to support the formal consultation process, to be distributed across planning, execution, and reporting phases.

The Companies anticipate additional updates as consultation milestones progress and as other indigenous partnerships advance.

Capital Structure and Shareholder Protections

ECOX reiterates that it has eliminated all toxic convertible debt from non-strategic lenders. As previously announced, the final legacy convertible note in the amount of $195,000 was extinguished on December 8, 2025, removing the last material overhang from the Company's prior business model. This action stabilizes the capital structure and eliminates the primary historical source of dilution in the market.

Additionally, the Company intends to restrict all issuances of securities,other than those directly related to the WRA merger transaction, for the remainder of the fiscal year. This reflects ECOX's focus on protecting shareholder value as it transitions into its new operating structure and supports the long-term development cycle associated with the WRA national infrastructure program.

Shareholders and interested parties can view or download a complete presentation at the following link: View the full Costa Rica Visioning Presentation here

About WRA Holdings, Inc.

WRA Holdings, Inc. is a multinational infrastructure development and investment company focused on public and private-partnership projects that drive economic growth, environmental renewal, and urban redevelopment. The company's flagship Costa Rica initiative integrates national rail, airport, and logistics systems, port revitalization, waste-to-energy conversion, clean-water programs, and healthcare infrastructure to build a cleaner, more connected nation and foster regional connectivity and long-term prosperity across Central America.

About Eco Innovation Group, Inc.

Eco Innovation Group, Inc. (OTC:ECOX) is a Nevada corporation focused on providing strategic advisory and compliance services tailored to micro-cap and small-cap public companies and private enterprises preparing to enter the public markets. ECOX bridges the gap between under-resourced issuers and capital markets access by structuring and supporting share-exchange mergers, public offerings, and other transactions that create pathways for growth and shareholder value.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include statements regarding the Company's plans, objectives, expectations, and intentions, including statements regarding potential acquisitions, SEC registration, exchange uplisting, share cancellations, and future business operations. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "should," "will," "would" and similar expressions identify forward-looking statements. These statements are based on management's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in forward-looking statements. Important factors that could cause such differences include, but are not limited to: the ability to complete acquisitions on favorable terms or at all; the ability to integrate acquired businesses successfully; risks inherent in the mining, energy storage, and infrastructure sectors; regulatory and permitting risks; market conditions; competitive factors; the ability to obtain financing; the ability to engage audit firms and complete audited financial statements; the ability to achieve and maintain compliance with SEC and exchange listing requirements; and general economic conditions. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to publicly update or revise any forward-looking statements.

Contact:

Investor Relations
ecoinnovations.info@gmail.com

SOURCE: Eco Innovation Group, Inc.

View the original press release on ACCESS Newswire

FAQ

What did ECOX and WRA announce on December 11, 2025 regarding raw materials?

They announced a partnership with the Térraba Indigenous Association committing about 2,400 hectares for potential sand, gravel, and raw materials for Costa Rica infrastructure.

How does the Térraba partnership follow indigenous consultation rules for ECOX (OTC:ECOX)?

The collaboration is structured under ILO Convention 169 with a Prior, Free, and Informed Consultation process and an allocated $15,000 for consultation steps.

What financing and capital actions were disclosed by ECOX in this announcement?

The release references approximately $700 million in project financing in final settlement and states ECOX extinguished a $195,000 legacy convertible note on December 8, 2025.

Will raw materials from Térraba immediately support the national railway project?

No—material extraction and use are subject to environmental, consultation, and governmental approvals and a final tribal council decision.

Does ECOX expect broader indigenous participation beyond Térraba?

Yes; the announcement says seven other sovereign tribes have expressed formal interest in evaluating similar partnerships.

How might the Térraba agreement affect ECOX shareholder dilution in 2025?

ECOX says it extinguished toxic convertible debt and will restrict securities issuances outside the WRA merger for the remainder of the fiscal year to protect shareholder value.