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POET Technologies $PTK.ca $POETF to Participate at Upcoming Virtual Financial Conferences

Posted by AGORACOM-JC at 5:45 PM on Tuesday, April 6th, 2021
  • Cormark Securities’ 2021 Virtual Inflection Conference
    Power Technology Session – Date: Tuesday, April 13
  • OTC Virtual Technology Conference – Date: Thursday, April 15

TORONTO, April 06, 2021 — POET Technologies, Inc. (OTCQX: POETF; TSX Venture: PTK) the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and telecommunication markets, today announced that management is scheduled to present and host meetings with participating investors at the following virtual financial conferences.

Cormark Securities’ 2021 Virtual Inflection Conference
Power Technology Session
Date: Tuesday, April 13
Presentation: 11:30 AM Eastern Time
Presenters: Suresh Venkatesan, Chairman & CEO; Vivek Rajgarhia, President & General Manager and Thomas Mika, Executive Vice President & CFO

The Cormark Securities Conference is an investor-focused conference discussing how to invest in an age of sustainability and new technologies. POET will be participating in the Power Technology Session which will include meetings with institutional investors. Interested investors should contact their Cormark representative to register.

OTC Virtual Technology Conference
Date: Thursday, April 15
Presentation: 10:30 AM Eastern Time
Presenter: Thomas Mika, Executive Vice President & CFO

POET invites individual and institutional investors, as well as advisors and analysts, to attend the real‐time, interactive presentations on VirtualInvestorConferences.com. It is recommended that investors pre‐register and run the online system check to expedite participation and receive event updates by registering on the OTC event calendar website: https://www.virtualinvestorconferences.com/event-calendar

Additionally, POET’s presentation materials will be made available on the Presentations and Events page of the Company’s website.

Option Grants

At a regular meeting of the Board of Directors held on March 24, 2021, as part of the Company’s incentive stock option grant program, the Board approved the granting of a total of 4,831,250 options to be granted on April 6, 2021 to directors, employees and consultants of the Company to purchase common shares. The approved grant represents 1.4% of the total issued and outstanding common shares of the Company. The approved total included 731,250 stock options to non-management directors (0.21%), 2,050,000 to officers (0.6%), 2,000,000 to other employees (0.59%), and 50,000 to consultants (0.01%). 

The options are exercisable for 10 years at a price of C$1.19 being the closing price of the Company’s shares on April 5, 2021. The directors’ options vest quarterly in arrears over the one year of service as a director. All other options granted to employees vest 25% on the first anniversary of the grant and the balance vests quarterly over a further three-year period thereafter. The grant to the directors represents the option portion of directors’ fees for the 12-month period beginning April 1, 2021. The options granted to a consultant will vest based on certain performance milestones of the consultant over a 12-month period.

Read More: https://agoracom.com/ir/POETTechnologies/forums/discussion/topics/758617-poet-technologies-to-participate-at-upcoming-virtual-financial-conferences/messages/2311026#message

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KWESST $KWE.ca $KWEMF Announces C$2.5 Million Brokered Private Placement Financing $WRTC $BYRN.ca $PAT.ca $POWW

Posted by AGORACOM-JC at 3:56 PM on Tuesday, April 6th, 2021
  • Entered into an agreement with PI Financial Corp., as lead agent and sole bookrunner, on its own behalf and, if applicable, on behalf of a syndicate of agents in connection with a best efforts, private placement of up to 2,000,000 units of the Company at a price of C$1.25 per Unit for gross proceeds of up to C$2,500,000

Ottawa, Ontario–(April 6, 2021) – KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (“KWESST” or “the Company”) is pleased to announce that it has entered into an agreement with PI Financial Corp., as lead agent and sole bookrunner (the “Lead Agent“), on its own behalf and, if applicable, on behalf of a syndicate of agents (together with the Lead Agent, the “Agents“) in connection with a best efforts, private placement of up to 2,000,000 units of the Company (the “Units“) at a price of C$1.25 per Unit (the “Offering Price“) for gross proceeds of up to C$2,500,000 (the “Offering“).

Each Unit will be comprised of one common share of the Company (a “Common Share“) and one Common Share purchase warrant (“Warrant“). Each Warrant shall be exercisable to acquire one Common Share (a “Warrant Share“) at a price of C$1.75 per Warrant Share for a period of 24 months from the closing of the Offering. If at any time after four (4) months and one (1) day following the Closing Date, the trading price of the Shares on the TSX Venture Exchange is equal to or exceeds $3 for a period of 10 consecutive trading days, as evidenced by the price at the close of market, the Company shall be entitled to notify the holders of Warrants of its intention to force the exercise of the Warrants. Upon receipt of such notice, the holders of Warrants shall have 30 days to exercise the Warrants, failing which the Warrants will automatically expire.

The Agents will have an option (the “Agents’ Option“) to offer for sale up to an additional 400,000 Units at the Offering Price for additional gross proceeds of up to C$500,000, which Agents’ Option is exercisable, in whole or in part, at any time up to 48 hours prior to the closing of the Offering.

The Company stated that proceeds from the financing would be used to close the acquisition of the Low Energy Cartridge non-lethal system and begin the commercialization of this product, accelerate productization of the GreyGhost micro-drone missile, ramp up the Company’s ATAK Centre of Excellence and accelerate productization of the Phantom electronic decoy.

The securities to be issued under the Offering will be offered by way of private placement in each of the provinces of Canada and such other jurisdictions as may be determined by the Company, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws.

The Offering is scheduled to close on or about April 29, 2021, or such date as agreed upon between the Company and the Lead Agent (the “Closing“) and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Exchange. The Units to be issued under the Offering will have a hold period of four months and one day from Closing.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

Read More: https://agoracom.com/ir/Kwesst/forums/discussion/topics/758603-kwesst-announces-c-2-5-million-brokered-private-placement-financing/messages/2311011#message

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VIDEO – ImagineAR $IP.ca $IPNFF “March Madness” Ends With 13 Announcements And 23 Deals / Selections By The Biggest Names In Sports, Media and Entertainment For Its Augmented Reality Engagement Technology $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 2:15 PM on Tuesday, April 6th, 2021
http://www.smallcapepicenter.com/imagine%20ar%20squre.jpg

NCAA March Madness concluded last night with Baylor beating Gonzaga …. but the small cap augmented reality March Madness ended last week with ImagineAR making 13 announcements leading to 23 deals or selections by the biggest name in sports, media and entertainment including:

  • Minnesota Vikings / Philadelphia Phillies / St. Louis Blues
  • Rogers Sports & Media ($14B revenue / $30B Market Cap)
  • Sinclair Broadcast Group ($6B revenue / $2B Market Cap
  • First Tube Media / Grubhub / Megahan Thee Stallion
  • Global Sports Initiative 3 Year / $380,000
  • Brazilian Soccer Club Atlectio Mineiro
  • …. and much more including the company’s rapidly evolving NFT initiative (Oasis Digital Studios) with Liquid Avatar Technologies

As the name implies, ImagineAR (IP:CSE / IPNFF:OTCQB) is an Augmented Reality Company … but they’re not just any AR company.  Imagine enables businesses to create their own mobile phone AR campaigns with no programming or technology experience.  

Why is that important?  Ask Apple CEO Tim Cook who stated

“AR Will play an important role in how we use technology in the future – and promises to be as influential in our society as the smart phone”  

For those of you that are just discovering Augmented Reality, “AR” is essentially a technology that lays digital images and graphics over the real world, typically by looking through your cell phone or special glasses.  If you think it sounds like a gimmick, it isn’t.  AR will create an entire new revenue stream for businesses, organizations and sports teams that will boggle the mind in the next 3 years.

ImagineAR provides small cap investors with an opportunity to participate in the growth of this mega market in the making …. and IP delivered a record Q1 to prove it, including being selected by First Tube Media to bring its AR to livestream programs.  On it’s face, you can’t blame investors for thinking “ok, cool little initiative” …. until you discover that ImagineAR premiered its Web AR capabilities at GrubHub Sound Bites, an interactive concert featuring none other than 3-time Grammy Winner and Global Superstar Megan Thee Stallion on March 26th.  How did they perform?  World Renown Billboard Magazine reported: 

Within the first 48 hours following the livestream, over 10 million viewers have engaged with the content while driving over 160k interactions from the QR’s scan engagement.

Yep .. they blew their numbers out of the water.

And then there’s the Company’s partnership with Liquid Avatar Technologies (LQID:CSE) to bring AR Enhanced NFTs to market through Oasis Digital Studios, which on its face you couldn’t blame investors for once again thinking “ok cool little initiative” … until you discover:

  • On March 15th they teamed up with McCartney Media Inc to support the development of AR Enhanced NFT’s for the entertainment and lifestyle sectors, becoming a major player in the NFT space.
  • Just two weeks later, LQID, IP and McCartney Multimedia announced that renowned photographer, artist and former music executive, May Pang is bringing her personal and exclusive collection of John Lennon’s Lost Weekend photographs featuring her intimate 18 months with the rock ‘n’ roll icon to the Non-Fungible Token (NFT) collector market through Oasis Digital Studios.

In two weeks Oasis has moved from an exciting initiative to on the verge of making NFT history.

Watch this incredible interview with CEO Alen Paul Silverrstieen to discover how fast ImagineAR is moving and why its March Madness is just the beginning of what’s to come in 2021.   

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AGORACOM Small Cap 60: ImagineAR $IP.ca $IPNFF Inked 2nd 3-year $380K+Rev Share Deal with Global Sports Initiatives $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 12:05 PM on Tuesday, April 6th, 2021
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Posted in Imagine AR | Comments Off on AGORACOM Small Cap 60: ImagineAR $IP.ca $IPNFF Inked 2nd 3-year $380K+Rev Share Deal with Global Sports Initiatives $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Blockchain Foundry $BCFN.ca Invests CAD$1 Million to Purchase 2.2 Million Syscoin for Treasury; Total Syscoin Treasury Reaches Approximately 6.4 Million Syscoin Tokens $HUT.ca $BITF.ca $GLXY.ca $HIVE.ca $VYGR.ca

Posted by AGORACOM-JC at 9:44 AM on Tuesday, April 6th, 2021
http://blog.agoracom.com/wp-content/uploads/2020/10/blockchain-foundry-square.png
  • Announced that it has acquired 2,223,215 Syscoin tokens which it intends to hold as a long term asset.
  • The Company purchased these Syscoin tokens for approximately C$0.45 per token for a total of CAD$1 million.
  • This investment brings BCF’s total Syscoin treasury holdings to approximately 6,353,607 Syscoin, worth approximately CAD$3 million at current market rates 1 .
  • The Company “stakes” its current Syscoin balances and intends to stake its additional Syscoin holdings.
  • Staking currently generates an annual return of approximately 5.71% 2 , increasing to approximately 7.71% after tokens have been staked for one year.

TORONTO, April 06, 2021 — Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN), a leading North American blockchain development firm, is pleased to announce that it has acquired 2,223,215 Syscoin tokens which it intends to hold as a long term asset. The Company purchased these Syscoin tokens for approximately C$0.45 per token for a total of CAD$1 million. This investment brings BCF’s total Syscoin treasury holdings to approximately 6,353,607 Syscoin, worth approximately CAD$3 million at current market rates 1 . The Company “stakes” its current Syscoin balances and intends to stake its additional Syscoin holdings. Staking currently generates an annual return of approximately 5.71% 2 , increasing to approximately 7.71% after tokens have been staked for one year.

BCF believes strongly in the future of Syscoin, its growing market acceptance as a blockchain infrastructure ecosystem, and its future valuation potential. The Company is a core contributor to the open source Syscoin protocol and has also created proprietary applications that rely on the Syscoin ecosystem. Going forward, BCF intends to create decentralized finance applications, including NFT systems, using Syscoin’s infrastructure.

On April 30, 2021 3 , the Syscoin protocol will have its first upgrade since December 2019, upgrading to Version 4.2, known as Syscoin LUX (“LUX”). LUX will introduce several cutting-edge features into Syscoin, including zero-fee layer 2 smart contract functionality, fractional and non-divisible NFT capabilities and notary features which allow for customizable payment rules defined off-chain to be enforced at the core blockchain level. LUX will also preserve Z-DAG, Syscoin’s patent pending high-throughput transaction technology which allows for more than 140,000 transactions per second at scale.

“We are pleased to be making a substantial financial investment in Syscoin as we look forward to the upcoming release of Syscoin LUX. Creating strong economic alignment between the Company’s Syscoin-related efforts and the potential appreciation of the Syscoin token is important so that BCF shareholders can directly benefit from increasing adoption and acceptance of the Syscoin token and infrastructure as enabled by BCF products and open source contributions,” said Dan Wasyluk, CEO of BCF.

Commenting further, Mr. Wasyluk added, “our enterprise software and decentralized finance product strategies rely on using Syscoin blockchain infrastructure for our product offerings, and investing financially in the success of the ecosystem allows our shareholders to directly benefit from this growth. The innovative features BCF has contributed to LUX are a direct response to the needs of our clients and cover a wide variety of use cases. These new features will serve as the backbone for certain BCF products. Additionally, LUX will enable developers to create applications powered by Syscoin Platform Tokens using the same languages and tools with which they’re already familiar.”

LUX enhances the core offering of Syscoin as a scalable, versatile and innovative blockchain platform and for the first time includes major new features sourced directly from BCF’s consulting practice, a real-world touch point unique to BCF’s strategy. The Company expects that LUX and the related products and use cases it supports will further enhance BCF’s reputation as a leading blockchain technology company and contribute further to BCF’s growth and the overall growth and acceptance of the Syscoin ecosystem.

Read More: https://agoracom.com/ir/BlockchainFoundry/forums/discussion/topics/758572-blockchain-foundry-invests-cad-1-million-to-purchase-2-2-million-syscoin-for-treasury-total-syscoin-treasury-reaches-approximately-6-4-million/messages/2310960#message

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Posted in Blockchain Foundry Inc. | Comments Off on Blockchain Foundry $BCFN.ca Invests CAD$1 Million to Purchase 2.2 Million Syscoin for Treasury; Total Syscoin Treasury Reaches Approximately 6.4 Million Syscoin Tokens $HUT.ca $BITF.ca $GLXY.ca $HIVE.ca $VYGR.ca

PlantX $VEGA $PLTXF Announces New YouTube Series to Showcase Products and Educate Consumers $VERY.ca $MEAT.ca $EATS.ca $VEGN.ca

Posted by AGORACOM-JC at 8:49 AM on Tuesday, April 6th, 2021
  • Announced the launch of its new YouTube series entitled “Taste This!” as the Company further expands its offering of content aimed at educating consumers on plant-based living.
  • The series will be produced and hosted by Mr. Adam Kruger .
  • Each episode of Taste This! will feature three different brands of the same food product which are then blind taste-tested by three individuals.
  • The taste-testers will then give their opinions about the products that they tasted, which product they preferred and attempt to identify the brand.

VANCOUVER, BC , April 6, 2021 – PlantX Life Inc. (the ” Company ” or ” PlantX “) (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF) is pleased to announce the launch of its new YouTube series entitled “Taste This!” as the Company further expands its offering of content aimed at educating consumers on plant-based living. The series will be produced and hosted by Mr. Adam Kruger . Each episode of Taste This! will feature three different brands of the same food product which are then blind taste-tested by three individuals. The taste-testers will then give their opinions about the products that they tasted, which product they preferred and attempt to identify the brand.

“Having a media presence further establishes the PlantX brand while aiding customers in their decision-making process for what to purchase online. Looking at pictures and reading ingredients is great, but being able to actually see people taste and compare different products creates excitement around the products involved,” said PlantX CEO Julia Frank . “We believe media content will increase enthusiasm for the brands being featured on the program.”

“We are so excited to launch this series. Customer education is one of our priorities, and Taste This! is exactly the quality content that will contribute to that,” said PlantX Founder Sean Dollinger . “Adam’s experience and plant-based lifestyle only enhance the production and we are thrilled to have him producing the show.”

Kruger is an on-camera and live event host, producer, podcaster and longtime vegan. Kruger hosted and produced over 150 segments for the hit lifestyle series ” This Is LA “. Most recently, he launched the podcast “Enhanced Living” which is available on major streaming platforms.

“Adam is a true professional and having him at the helm of the series brings peace of mind,” said PlantX CMO Alex Hoffman. “After conceiving this idea, I knew exactly what I wanted to create for the series. Adam brought it to life, and I can’t wait to see more.”

The series teaser can be found here . The first episode of ” Taste This! ” will air on Friday, April 9 th 2021 at 6pm PST .

About PlantX Life Inc.

As the digital face of the plant-based community, PlantX’s platform is the one-stop-shop for everything plant-based. With its fast-growing category verticals, the Company offers customers across North America more than 10,000 plant-based products. In addition to offering meal and indoor plant deliveries, the Company currently has plans underway to expand its product lines to include cosmetics, clothing, and its own water brand — but the business is not limited to an e-commerce platform. The Company uses its digital platform to build a community of like-minded consumers, and most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs and brands. The Company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life.

About Adam Kruger

Adam Kruger is a longtime vegan with over 20 years’ experience in the entertainment industry. Originally from Montréal, Adam moved to Los Angeles after completing his Bachelor of Commerce degree from the John Molson School of Business at Concordia University . Kruger has achieved success in television hosting and standup comedy, while also running a live event business of his own since 2013. Kruger has been a keynote speaker in front of thousands of people, is an avid fitness enthusiast and also completed a 200 hour comprehensive yoga and Ayurveda instructor training. Krueger has been on a plant-based diet since 2009 and became a vegan in 2016.

Read More: https://agoracom.com/ir/PlantX/forums/discussion/topics/758570-plantx-announces-new-youtube-series-to-showcase-products-and-educate-consumers/messages/2310955#message

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KWESST $KWE.ca $KWEMF Signs Exclusive Counter-Drone Technology License Agreement $WRTC $BYRN.ca $PAT.ca $POWW

Posted by AGORACOM-JC at 8:46 AM on Tuesday, April 6th, 2021

Amended license with AerialX Drone Solutions Inc. provides for exclusive rights to U.S. and Canadian militaries

  • Announced that it has signed an Amended and Restated License Agreement with AerialX Drone Solutions Inc. for counter-drone technology. I
  • n October 2019 KWESST signed a non-exclusive worldwide license with AerialX and has now gained exclusive rights to the technology for U.S. and Canadian militaries.
  • The product which is based on the licensed technology is being marketed under the name GreyGhostTM and is an autonomous soldier-portable micro drone missile system that defends against small hostile drones including swarms using high-speed kinetic impact.

Ottawa, Ontario–(April 6, 2021) – KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (“KWESST” or “the Company”) today announced that it has signed an Amended and Restated License Agreement (the “Agreement”) with AerialX Drone Solutions Inc. (“AerialX”) for counter-drone technology. In October 2019 KWESST signed a non-exclusive worldwide license with AerialX and has now gained exclusive rights to the technology for U.S. and Canadian militaries. The product which is based on the licensed technology is being marketed under the name GreyGhostTM and is an autonomous soldier-portable micro drone missile system that defends against small hostile drones including swarms using high-speed kinetic impact.

The dramatic growth of small unmanned aircraft systems (sUAS), commonly called drones, creates new threats and challenges for NATO countries including the US Department of Defense (DoD) and Canada’s Department of National Defence (DND). Recent technology trends have enabled state actors, non-state actors, terrorist organizations and criminals to easily convert legitimate applications of sUAS into efficient weapons. These small drones provide NATO adversaries with a low-cost means of conducting intelligence, surveillance, and reconnaissance missions or direct attack of NATO forces.

“This is a timely development as the U.S. and other NATO military agencies have expressed interest in our GreyGhostTM counter-sUAS drone missile and view it as a serious candidate solution to the growing threat of suspicious or hostile drones,” said David Luxton, KWESST’s Executive Chairman. “Our GreyGhostTM counter-sUAS drone missile has been down-selected by key agencies from among dozens of contenders for upcoming demonstrations and trials because of its unique ability to track and hunt hostile drones and neutralize them with kinetic impact.”

“The Pentagon last year established the Army-led Joint Counter-Small Unmanned Aircraft Systems Office, or JCO, and approved a set of requirements to help counter the threat posed by small drones and formalized requirements for how technology developed by industry players can seamlessly plug into a single command-and-control system. Evaluation of industry counter drone systems are expected to be ongoing throughout 2021,” said Jeff MacLeod, KWESST’s President and CEO. “In the U.S. and in 2021 alone, DoD plans to spend at least USD $404 million on counter-UAS (c-UAS) research and development and at least $83 million on c-UAS procurement(1).”

The counter drone market has grown considerably in recent years, with both major defense contractors and small technology companies actively competing to gain market share in a market that by one estimate could be worth $5.4 billion by 2028(2).

Under the Agreement announced today, KWESST’s also retains its non-exclusive worldwide rights. KWESST has agreed to issue AerialX 100,000 shares of KWESST in consideration of the new exclusive rights and an additional 100,000 shares of KWESST upon AerialX meeting certain technological milestones.

(1) https://fas.org/sgp/crs/weapons/IF11426.pdf
(2) https://www.c4isrnet.com/unmanned/2019/12/11/pentagon-wants-to-streamline-its-counterdrone-focus/

Read More: https://agoracom.com/ir/Kwesst/forums/discussion/topics/758569-kwesst-signs-exclusive-counter-drone-technology-license-agreement/messages/2310954#message

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PyroGenesis $PYR to Present at Zooming with LD on April 12th $RTN $NOC $UTX $DDD.ca $HPQ.ca

Posted by AGORACOM-JC at 8:21 AM on Tuesday, April 6th, 2021
  • Mr. P. Peter Pascali, CEO and Chair of PyroGenesis, will be presenting at Zooming with LD on Monday April 12 th , 2021.

MONTREAL, April 06, 2021 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), (the “Company”, the “Corporation” or “PyroGenesis”) a Company that designs, develops, manufactures and commercializes plasma atomized metal powder, environmentally friendly plasma waste-to-energy systems and clean plasma torch products, is pleased to announce that, Mr. P. Peter Pascali, CEO and Chair of PyroGenesis, will be presenting at Zooming with LD on Monday April 12 th , 2021.

EventZooming with LD
DateApril 12 th , 2021
PresentationApril 12 th @ 11:00AM Eastern Time
Locationhttps://us02web.zoom.us/webinar/register/WN_dhq0cziUQlexYAQD2Rnpsw

About LD Micro  

LD Micro began in 2006 with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. For more information, please visit ldmicro.com. 

In September 2020, LD Micro was acquired by SRAX, a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information on SRAX, visit srax.com and mysequire.com. 

About PyroGenesis Canada Inc.  

PyroGenesis Canada Inc., a high-tech company, is a leader in the design, development, manufacture and commercialization of advanced plasma processes and products. The Company provides its engineering and manufacturing expertise and its turnkey process equipment packages to customers in the defense, metallurgical, mining, advanced materials (including 3D printing), and environmental industries. With a team of experienced engineers, scientists and technicians working out of its Montreal office and its 3,800 m 2 and 2,940 m 2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The Company’s core competencies allow PyroGenesis to provide innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. PyroGenesis’ operations are ISO 9001:2015 and AS9100D certified. For more information, please visit www.pyrogenesis.com . 

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward- looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Corporation’s current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.sec.gov. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward- looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. Neither the Toronto Stock Exchange, its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) nor the NASDAQ Stock Market, LLC accepts responsibility for the adequacy or accuracy of this press release.  

SOURCE PyroGenesis Canada Inc. 

For further information please contact:
Rodayna Kafal, Vice President, IR/Comms. and Strategic BD
Phone: (514) 937-0002, E-mail: [email protected]

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Valeo Pharma $VPH $VPHIF Completes Negotiations with Pan-Canadian Pharmaceutical Alliance for Redesca® and Redesca HP® $HLS.ca $MDP.ca $GUD.ca $RX.ca

Posted by AGORACOM-JC at 8:12 AM on Tuesday, April 6th, 2021
  • Completed its negotiations and entered into a letter of intent (“LOI”) with the pan-Canadian Pharmaceutical Alliance (pCPA) regarding Redesca® and Redesca HP®, its low molecular weight heparin (“LMWH”) biosimilar, for the prevention and treatment of thromboembolic disorders.

MONTREAL , April 6, 2021 – Valeo Pharma Inc . (CSE: VPH) (OTCQB: VPHIF) (FSE: VP2) (” Valeo ” or the ” Company “), a Canadian specialty pharmaceutical company, today announced that it has completed its negotiations and entered into a letter of intent (“LOI”) with the pan-Canadian Pharmaceutical Alliance (pCPA) regarding Redesca® and Redesca HP®, its low molecular weight heparin (“LMWH”) biosimilar, for the prevention and treatment of thromboembolic disorders.

“The successful conclusion of negotiations with pCPA is a significant milestone delivered for the Redesca® commercialization program. We can now exchange with the provincial, territories and federal instances to ensure coverage under publicly funded drug plans in Canada “, said Steve Saviuk , Valeo’s CEO.” While most prescriptions of LMWHs are initiated in the hospital, retail pharmacies play an important role in providing continued treatment to patients when they are discharged from hospital. Coverage by publicly funded drug plans are therefor a key component in making treatment available to Canadians”.

Commenting on the pCPA LOI, Frederic Fasano , Valeo’s President and Chief Operating Officer said; “We are particularly pleased to make Redesca ® available soon for Canadian patients and also for hospitals. The team at Valeo have worked tirelessly to ensure a robust supply of Redesca ® especially in the current pandemic conditions where patients suffering from SARS-CoV-2 are undergoing severe coagulopathy with various thromboembolic complications. LMWHs, like Redesca ® are key to prevent and treat those severe COVID-19 related thrombotic events.”

Established in August 2010 , the pan-Canadian Pharmaceutical Alliance (pCPA) conducts joint provincial/territorial/federal negotiations for brand name and generic drugs in Canada to achieve greater value for publicly funded drug programs and patients through the use of the combined negotiating power of participating jurisdictions.

About Redesca®, Redesca HP®

Redesca® is a low molecular weight heparin biosimilar. LMWHs are injectable anticoagulant drugs used primarily to treat and prevent deep vein thrombosis and pulmonary embolism. Redesca® has more than 8 years of proven in-market safety internationally and more than 150 million patient days treated in Europe alone.

About Valeo Pharma

Valeo Pharma is a Canadian pharmaceutical company dedicated to the commercialization of innovative prescription products in Canada with a focus on Respiratory Diseases, Neurodegenerative Diseases, Oncology and Hospital Specialty Products. Headquartered in Kirkland, Quebec Valeo Pharma has all the required capabilities and the full infrastructure to register and properly manage its growing product portfolio through all stages of commercialization. For more information, please visit www.valeopharma.com and follow us on LinkedIn and Twitter .

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