Agoracom Blog Home

Archive for the ‘HPQ-Silicon Resources Inc.’ Category

« Older Entries
Newer Entries »

HPQ Silicon $HPQ.ca Announces the Record Date for the Distribution of Beauce Gold Fields $BGF.ca Common Shares for Listing on The TSX.V Exchange

Posted by AGORACOM-JC at 3:56 PM on Monday, December 17th, 2018

  • Pursuant to the Plan of Arrangement and the Arrangement with Beauce Gold Fields Inc. (BGF)
  • HPQ declares the special dividends stemming therefrom and that December 24, 2018 will be the Record Date for the distribution and the dividends consist of 10,680,000 Beauce Gold Fields common shares.

MONTREAL, Dec. 17, 2018 — HPQ Silicon Resources Inc (“HPQ”) (TSX Venture: HPQ) is pleased to inform shareholders that, pursuant to the Plan of Arrangement and the Arrangement with Beauce Gold Fields Inc. (BGF), HPQ declares the special dividends stemming therefrom and that December 24, 2018 will be the Record Date for the distribution and the dividends consist of 10,680,000 Beauce Gold Fields common shares.

Only shareholders of record as at the share distribution record date will be entitled to receive the share dividends.  Shareholders of record on that date will receive one share of BGF, for 0.0480466 shares they own of HPQ, the dividend per share ratio is subject to adjustment based on the number of shares of HPQ to be issued until the record date. December 31, 2018 would be the expected payment date.  Fractional shares of BGF will be rounded down to the nearest whole number.  Shareholders who sell their HPQ shares prior to the share distribution record date will not be entitled to receive shares of BGF.  BGF confirms the definitive and unconditional closing of the plan of arrangement and BGF Private Placement of $550,000 announced on December 12, 2018.

Distribution Details:

Accordingly, HPQ will distribute 10,680,000 BGF shares to it’s shareholders on a pro rata basis of 0.0480466 shares for every HPQ shares they own hold as of close of business on the record date.

Issuer Name: HPQ-Silicon Resources Inc.
Declaration Date: December 17, 2018
Security SymbolTSX-Venture Exchange: HPQ
Type of Security:   Common Shares
Type of Dividend: Special Dividend distribution of BGF Shares
Record Date:December 24, 2018
Ex-Distribution Date:December 21, 2018
Payable Date: December 31, 2018

The Company will announce the Listing Date of BGF shares on the Venture Exchange as soon as it receives confirmation form the Exchange.

About Beauce Gold Fields

BGF is a wholly owned subsidiary of HPQ Silicon into which HPQ gold assets were transferred.   Subject to approval by TSX-V, HPQ is in the process of listing BGF as a new public junior gold company., following the approval by shareholders during HPQ AGM held on Aug. 10, 2018, of the proposed terms of the plan of arrangement.

The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s (see HPQ SEDAR-filed report).

Beauce Gold Fields website www.beaucegold.com

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.

Disclaimers:

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 Company’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 Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company 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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact

Bernard J. Tourillon, Chairman, President and CEO HPQ Tel (514) 907-1011
Patrick Levasseur, COO HPQ, President and CEO BGF Tel: (514) 262-9239
www.HPQSilicon.com 

Tags: , , ,
Posted in All Recent Posts, HPQ-Silicon Resources Inc. | Comments Off on HPQ Silicon $HPQ.ca Announces the Record Date for the Distribution of Beauce Gold Fields $BGF.ca Common Shares for Listing on The TSX.V Exchange

Beauce #Gold Fields Closes the $550,000 Concurrent Private Placement and Submits Form 2B Required for Listing on the TSX.V Exchange $HPQ.ca $BGF.ca

Posted by AGORACOM-JC at 4:39 PM on Wednesday, December 12th, 2018

  • For the purpose of the execution of the Plan of Arrangement, HPQ subsidiary, Beauce Gold Fields Inc (“BGF”) has closed the $550,000 private placement required for the listing on the TSX-Venture Exchange
  • Submitted to the Exchange the Listing Application (Form 2B) under the reserved stock symbol BGF

MONTREAL, Dec. 12, 2018 — HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to inform shareholders that, for the purpose of the execution of the Plan of Arrangement, HPQ subsidiary, Beauce Gold Fields Inc (“BGF”) has closed the $550,000 private placement required for the listing on the TSX-Venture Exchange (“Exchange”) and has submitted to the Exchange the Listing Application (Form 2B) under the reserved stock symbol BGF.

Once the Company receives satisfactory review of the Listing Application, it will set (in collaboration with the Exchange) the declaration date, record date, payment date of the distribution and finally, the listing date of BGF shares on the Venture Exchange.

Patrick Levasseur, President and CEO of HPQ Beauce Gold Fields subsidiary stated, “We are working closely with the Exchange to complete this listing process that will allow HPQ to unlock the full potential value of the Beauce Gold property through a fresh new entity starting with a tight capital structure.” Mr. Levasseur also stated  “The Beauce is Canada’s last underexplored historical placer mining camp. It’s similar to the placer to hard rock exploration projects in the Yukon or the Cariboo district in BC, that were both placer gold mining camps as well, but recently had major gold discoveries.  Combining our large claims holding in St-Simon-Les-Mines together with our increasing knowledge of the geology, we believe we have narrowed the search in exploring for a hard rock gold deposit”.

The Private Placement is for:

  1. 3,500,000 hard-cash units (HC Units) at the price of $0.10 per HC Unit for total of $350,000.00
  2. 1,666,666 flow-through units (FT Units) at the price of $0.12 per FT Unit for total of $200,000.00

Each HC Unit will be comprised of one common share and one common share purchase warrant of the Company to purchase one common share at the price of $0.15 per share. Each FT Unit will be comprised of one flow-through common share and one-half of one common share purchase warrant, with each full warrant allowing the holder to purchase one common share at the exercise price of $0.18 per share. The warrants are valid until December 15, 2020.

Patrick Levasseur, President and CEO of BGF, Lam Chan Tho, Director of BGF, through a wholly-owned company, 9228-6202 Québec Inc. and Ann Levasseur, Director of BGF have subscribed to 641,666 FT Units, 300,000 FT Units and 42,000 FT Units, respectively, representing an aggregate amount of $118,000

The participation of each of Patrick Levasseur, Lam Chan Tho (9228-6202 Québec Inc.) and Ann Levasseur in the Private Placement constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) and Policy 5.9 -Protection of Minority Security Holders in Special Transactions of the Exchange. In connection with this related party transaction, the Company is relying on the formal valuation and minority approval exemptions of respectively subsection 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the portion of the Private Placement subscribed by Directors does not exceed 25% of the Company’s market capitalization. The Private Placement, including Director’s participation, has been approved by the Board of Directors of the Company, with each of participating Directors abstaining with respect to their participation.

In connection with the placement, the company paid Finders’ fees as follows:

1) $2,400 to Leede John Gable Inc., and the issuance of 24,000 warrants entitling the Agent to purchase 24,000 common shares at a price of $0.15 per share for a period of 24 months until December 15, 2020; 2) $6,560 to Stephen Avenue Securities Inc. and the issuance of 40,000 warrants entitling the Agent to purchase 40,000 common shares at a price of $0.15 per share and 4,800 warrants entitling the Agent to purchase 4,800 common shares at a price of $0.18, for a period of 24 months until December 15, 2020; 3) the issuance to Falkenberg Holding Ltd and to Gathering Waters Ltd 8,000 warrants entitling the Agents to purchase 8,000 common shares at the price of $0.15 as well as 1,600 warrants entitling the Agents to purchase 1,600 common shares at the price of $0.18 for a period of 24 months until December 15, 2020;

About Beauce Gold Fields

BGF is a wholly owned subsidiary of HPQ Silicon into which HPQ gold assets were transferred.   Subject to approval by TSX-V, HPQ is in the process of listing BGF as a new public junior gold company, following the approval by shareholders during HPQ AGM held on Aug. 10, 2018, of the proposed terms of the plan of arrangement.

The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s (see HPQ SEDAR-filed report).

Beauce Gold Fields website www.beaucegold.com

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.

For further information contact

Bernard J. Tourillon, Chairman, President and CEO HPQ Tel (514) 907-1011
Patrick Levasseur, COO HPQ, President and CEO BGF Tel: (514) 262-9239
www.HPQSilicon.com

Shares outstanding: 222,284,053

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S.  Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

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 Company’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 Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company 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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Tags: , ,
Posted in All Recent Posts, HPQ-Silicon Resources Inc. | Comments Off on Beauce #Gold Fields Closes the $550,000 Concurrent Private Placement and Submits Form 2B Required for Listing on the TSX.V Exchange $HPQ.ca $BGF.ca

Beauce Gold Fields Secures $550,000 Financing Required for Listing on Tsx Venture Exchange $BGF.ca $HPQ.ca

Posted by AGORACOM-JC at 10:32 AM on Wednesday, December 5th, 2018

Hpq large

  • HPQ subsidiary, Beauce Gold Fields Inc  has raised the minimum $550,000 concurrent private placement required for it’s listing on the TSX-Venture Exchange under the reserved stock symbol BGF
  • Following the satisfactory review, the Date of Record and subsequent Distribution and Listing Date will be announced.

MONTREAL, Dec. 05, 2018 — HPQ Silicon Resources Inc (“HPQ”) (TSX Venture: HPQ) is pleased to inform shareholders that HPQ subsidiary, Beauce Gold Fields Inc (“BGF”) has raised the minimum $550,000 concurrent private placement required for it’s listing on the TSX-Venture Exchange (“Exchange”) under the reserved stock symbol BGF.

Patrick Levasseur, President and CEO of HPQ Beauce Gold Fields subsidiary stated, “I would like to thank everyone who has subscribed to the private placement for the listing of BGF.  This will allow HPQ to unlock the full potential value of the Beauce Gold property through a fresh new entity starting with a tight capital structure.” Mr. Levasseur also stated  “The Beauce is Canada’s last underexplored historical placer mining camp. It’s similar to the placer to hard rock exploration projects in the Yukon or the Cariboo district in BC, that were both placer gold mining camps as well, but recently had major gold discoveries.  Combining our large claims holding in St-Simon-Les-Mines together with our increasing knowledge of the geology, we believe we have narrowed the search in exploring for a hard rock gold deposit”

TSX-V Conditional Approval and Concurrent Private Placement

The Listing of BGF was conditional to closing the private placement.  The listing is also conditional to the submission of the Listing Application, the required financial statements plus various supporting documents that HPQ is submitting to the Exchange for satisfactory review.

Following the satisfactory review, the Date of Record and subsequent Distribution and Listing Date will be announced.

In this regard, the BGF’s notice for filing in connection with this Private Placement will be the following basis:

  1. 3,500,000 hard-cash units (HC Units) at the price of $0.10 per HC Unit for total of $350,000.00
  2. 1,666,666 flow-through units (FT Units) at the price of $0.12 per FT Unit for total of $200,000.00

Each HC Unit will be comprised of one common share and one warrant to purchase one common share at the price of $0.15 per share for two years following the closing date. Each FT Unit will be comprised of one flow-through common share and one-half of one warrant, with each full warrant allowing the holder to purchase one common share at the exercise price of $0.18 per share for a period of two years following the closing date.

Beauce Gold Fields – A Tight Capital Structure at Listing

Transactions Number of Shares
Private Placement to HPQ 200,000
Spin-out – Shares at $0.10 per Share 13,350,000
HPQ Direct Ownership (≈ 15%) 2,870,000
Distributed to HPQ Shareholders (≈55%) 10,680,000
Flow Through Private Placement at $0.12 per Share 1,666,666
Hard Cash Private Placement at $0.10 per Share 3,500,000
BGF Shares outstanding at Listing 18,716,666
Warrants- Private Placement 4,333,333
Warrants – HPQ warrant holders * 4,158,350
Stock Option Plan (rolling 10%) 1,900,000
Fully Diluted Capital 29,108,349

* Subject to adjustment based on the final HPQ Ratio upon the Ex-Distribution Date.

About Beauce Gold Fields

BGF is a wholly owned subsidiary of HPQ Silicon into which HPQ gold assets were transferred.   Subject to approval by TSX-V, HPQ is in the process of listing BGF as a new public junior gold company, following the approval by shareholders during HPQ AGM held on Aug. 10, 2018, of the proposed terms of the plan of arrangement.

The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s (see HPQ SEDAR-filed report).

Find more information at: www.beaucegold.com

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V:PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S.  Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

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 Company’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 Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company 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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact

Bernard J. Tourillon, Chairman, President and CEO HPQ Tel (514) 907-1011
Patrick Levasseur, COO HPQ, President and CEO BGF Tel: (514) 262-9239
www.HPQSilicon.com

Shares outstanding: 222,284,053

Tags: , , , ,
Posted in All Recent Posts, Featured, HPQ-Silicon Resources Inc. | Comments Off on Beauce Gold Fields Secures $550,000 Financing Required for Listing on Tsx Venture Exchange $BGF.ca $HPQ.ca

INTERVIEW: $HPQ.ca Silicon – The Emerging Low Cost Green #Solar #Silicon Metal Producer $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 9:31 AM on Thursday, November 29th, 2018

Tags: , , , ,
Posted in AGORACOM Via Satellite, All Recent Posts, HPQ-Silicon Resources Inc. | Comments Off on INTERVIEW: $HPQ.ca Silicon – The Emerging Low Cost Green #Solar #Silicon Metal Producer $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

#Solar A ‘New Backbone’ of Global Power, Bodes Well For $HPQ.ca -Silicon Resources $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 6:13 PM on Wednesday, November 21st, 2018

SPONSOR: HPQ-Silicon Resources (HPQ:TSX-V) Exclusive global partnership puts HPQ-Silicon Resources in a position to turn Quartz project into lowest cost supplier to solar industry. Click Here For More Information

Related image

————

Vattenfall has co-located solar and wind at the Parc Cynog site in Wales (pictured). Image: Vattenfall.

Solar stands to be a “new backbone” of the power sector as it cements its status as the world’s “dominant new build generation technology”, Vattenfall’s head of solar and battery storage has said.

Earlier this year the Swedish state-owned utility announced that it was to invest €100 million in European solar deployment over the next two years. That investment is to be predominantly made into utility-scale solar farms co-located with wind and/or storage due to the complementary nature of the technologies.

Speaking to Current±, Claus Wattendrup, head of solar and battery storage at Vattenfall, said the company feels that the “time is right” for solar as the technology is edging closer to grid parity in numerous markets.

“I see solar as a new backbone of the energy industry,” Wattendrup said, adding that continued price reductions in both the technology and other costs associated with deployment had resulted in the solar sector becoming a “different ball game” to how it was before.

And this maturation has resulted in other large energy incumbents – not just Vattenfall, but the likes of Shell and BP – picking up the PV mantle.

“It’s the price level, [solar] has been quite expensive and it has been small – just a few megawatts – and in the past our companies have thought mainly in gigawatts of conventional capacity. This paradigm was based on a mix of all kinds of different reasons,” Wattendrup said.

As this paradigm has shifted and solar deployed in the hundreds of megawatts, if not gigawatts, big energy majors have become increasingly attracted. Both BP and Shell have acquired stakes in developers – Europe’s Lightsource and US-based Silicon Ranch respectively – in order to increase their standing in the technology and its application.

Vattenfall considers that its experience in wind development lends it the necessary skillset to adapt to solar, but Wattendrup reserves particular criticism for any power player that doesn’t pick up PV.

“If you don’t manage [solar] as a serious player, you’re doing something wrong. Therefore everyone’s moving into this in a serious manner. There’s no greenwashing, this is serious,” he said.

Claus Wattendrup was speaking to Current± for a feature-length article published in this month’s edition of sister publication PV Tech Power, which can be read in full here.

Source: https://www.current-news.co.uk/news/solar-a-new-backbone-of-global-power-vattenfall-says

Tags: , , , , , ,
Posted in HPQ-Silicon Resources Inc. | Comments Off on #Solar A ‘New Backbone’ of Global Power, Bodes Well For $HPQ.ca -Silicon Resources $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

#Solar ‘charging ahead’ but ‘unprecedented’ investment action required, IEA warns $HPQ.ca

Posted by AGORACOM-JC at 10:15 AM on Wednesday, November 14th, 2018
  • Solar PV is “charging ahead” across the world as it outpaces other renewables, but far more significant action is required if a climate crisis is to be averted, the International Energy Agency (IEA) has warned
  • This morning the IEA has released this year’s edition of its World Energy Outlook (WEO), including a mix of worldwide energy trends and forecasts under different models and scenarios.

By Liam Stoker

Solar PV, the IEA has said, is “charging ahead” of other renewables in numerous markets and, alongside gas, is “re-shaping” the power sector entirely. IEA forecasts that solar PV capacity will overtake wind by 2025 and coal in the mid-2030s to become the second largest generation technology, behind only gas.

Such a surge in installed capacity is likely to have significant impacts on global generation mixes and, in turn, the entire power sector, thrusting huge importance on flexibility which the IEA has labelled the “new cornerstone” of electricity security.

The IEA has gone so far as to state that changes to the power mix will need to be addressed with “growing urgency” across the global, which will, in turn, require market reforms, more significant investments in national grids and more prolific adoption of demand-side response, smart metering and energy storage technologies.

But of a far starker nature are the agency’s warnings surrounding the pace of clean energy adoption, specifically if the world remains committed to limiting global warming to within two degrees.

In charting projections for electricity generation capacities and demand, the IEA has suggested there remains a significant gap between its forecasts and staying within those climate targets, requiring what the IEA has termed as a “systematic preference” for investments in sustainable energy technologies.

In simple terms, both developing and advanced economies can no longer invest in carbon-emitting power stations if the effects of climate change are to be limited to limited within two degrees.

Fatih Birol, executive director at the IEA, noted that with more than 70% of global energy investments set to be government-driven, the “world’s energy destiny” is intertwined with global politics.

“Crafting the right policies and proper incentives will be critical to meeting our common goals of securing energy supplies, reducing carbon emissions, improving air quality in urban centres, and expanding basic access to energy in Africa and elsewhere,” he said.

While the IEA’s absolute figures for solar power deployment have proven far too conservative in the past, the body has the ear of OECD governments adding weight to its overall message..

Source: https://www.pv-tech.org/news/solar-charging-ahead-but-unprecedented-investment-action-required-iea-warns

Tags: , , , , , , ,
Posted in All Recent Posts, HPQ-Silicon Resources Inc. | Comments Off on #Solar ‘charging ahead’ but ‘unprecedented’ investment action required, IEA warns $HPQ.ca

$HPQ.ca Comments on Unusual Stock Trading Activity; Provides Company Snapshot/Update

Posted by AGORACOM-JC at 2:47 PM on Thursday, November 8th, 2018

Hpq large

  • Management wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for this activity
  • Management knows of no reason that would give rise to such unusual trading and has no significant information to disclose which could lead to such activity

MONTREAL, Nov. 08, 2018 — HPQ Silicon Resources Inc (“HPQ”) (TSX Venture:HPQ)  (FRANKFURT:UGE) (OTC PINK:URAGF) announces that it has observed significant and unusual trading in its common stock in recent days.  Management wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for this activity. Management knows of no reason that would give rise to such unusual trading and has no significant information to disclose which could lead to such activity.

“We wish to reassure all of our stakeholders, and market participants, that the fundamentals of HPQ, in terms of activities previously reported on, as well as the progress being made thereon, are not only sound but are moving forward as expected” said Bernard Tourillon, President and CEO of HPQ Silicon. “As such, we wish to provide the following Company snapshot.”

  1. PUREVAP Gen2:
    • Yield testing phase completed
    • Awaiting final analysis results and report
    • Additional testing before Gen3 is operational mid-2019 possible
  2. PUREVAP Gen3 Pilot Plant:
    • Equipment assembly on schedule
    • Plant build-up on schedule
    • Permitting received for pilot plant operations
    • Patent applications progressing as expected
  3. HPQ Pilot Plant program still fully funded:
    • IQ $1,800,000, 5% and 5 years unsecure convertible debenture closed in August 2018 not affected by government changes in Quebec
    • $1,950,000 equity investment done at 100% premium to yesterday close not affected by recent market variation
    • $1,500,000 equity line of credit for potential project cost overrun not affected by recent market variation
    • HPQ still owns > 500,000 shares of PyroGenesis (PYR: TSX-V)
  4. HPQ – Beauce Gold Field Spin out:
    • Spin out on schedule to be completed
    • BGF “Placer to Hard Rock” potential well received
    • Demand for PP Financing strong, institutional participation, closing soon
    • Date of record will be established after financing closes
    • Investors selling before record date not entitled to receive BGF shares
    • As per plan of arrangement the HPQ ratio ≈ 4.80%, represent an 8% dividend yield based on yesterday close. (100,000 HPQ = 4,800 new shares of BGF)

HPQ lead technical partner and largest individual shareholder commented:

“From a technical perspective we cannot understand the recent decline in the value of the stock of HPQ,” said Peter Pascali CEO of PyroGenesis Inc. “I just want to confirm that should we see that there is no commercial outcome possible we would not continue pursuing this project. It would not make any sense. We have limited resources and as such we must not only dedicate this scarce commodity to profitable projects but to projects that have a future revenue stream. The longer we are on this project, the more we are de-risking it.  With our recent investment in HPQ and the Quebec Government’s support I cannot for the life of me understand the recent decline in the stock.  You can rest assured it is not from any undisclosed technical failure.”

Additional information on the Company is available on SEDAR at www.sedar.com.

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.

Disclaimers:

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 Company’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 Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company 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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact

Bernard J. Tourillon, Chairman, President and CEO HPQ Tel (514) 907-1011
Patrick Levasseur, COO HPQ, President and CEO BGF Tel: (514) 262-9239
www.HPQSilicon.com

Tags: , , , ,
Posted in All Recent Posts, HPQ-Silicon Resources Inc. | Comments Off on $HPQ.ca Comments on Unusual Stock Trading Activity; Provides Company Snapshot/Update

$HPQ.ca Receives Final Court Approval for the #Beauce #Gold Fields Spin Out

Posted by AGORACOM-JC at 9:15 AM on Thursday, October 11th, 2018

Hpq large

ANOTHER MILESTONES REACHED TOWARD SPIN OUT, LISTING AND DIVIDEND

  • With the court approval and the conditional approval for a new listing from the TMX: TSX Venture Exchange now obtained, HPQ and BGF last key milestone is closing the ongoing BGF private placement. 

MONTREAL, Oct. 11, 2018 – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ) (FRANKFURT:UGE) (OTC PINK:URAGF) is pleased to inform shareholders that HPQ and its subsidiary, Beauce Gold Fields Inc, (“BGF”) have obtained the required final orders from the Superior Court of Quebec (commercial division) in connection with its ongoing proposed plan of arrangement.

ANOTHER MILESTONES REACHED TOWARD SPIN OUT, LISTING AND DIVIDEND

With the court approval and the conditional approval for a new listing from the TMX: TSX Venture Exchange (“Exchange”) now obtained, HPQ and BGF last key milestone is closing the ongoing BGF private placement.

Patrick Levasseur, President and CEO of HPQ Beauce Gold Fields stated, “Final Approval from the Court was one the key listing conditions for BGF.  We are getting closer to unlock the full potential value of the Beauce Gold property through a fresh new entity that is starting with a tight capital structure.” Mr. Levasseur also stated, “The Beauce is Canada’s last underexplored historical placer mining camp. It’s similar to the White Gold projects in the Yukon or the Cariboo district in BC, that were both placer gold mining camps as well, but recently had major gold discoveries.  Combining our large claims holding in St-Simon-Les-Mines together with our increasing knowledge of the geology, we believe we have narrowed the search in exploring for a hard rock gold deposit”

About Beauce Gold Fields

BGF is a wholly owned subsidiary of HPQ Silicon into which HPQ gold assets were transferred.   Subject to approval by TSX-V, HPQ is in the process of listing BGF as a new public junior gold company, following the approval by shareholders during HPQ AGM held on Aug. 10, 2018, of the proposed terms of the plan of arrangement.

The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s (see HPQ SEDAR-filed report).

A Beauce Gold Fields presentation is available and can be downloaded via the following link. http://www.hpqsilicon.com/wp-content/uploads/2017/07/BGF-Presentation-V-Jul-2017.pdf

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.

Disclaimers:

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 Company’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 Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company 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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, contact

Bernard J. Tourillon, Chairman, President and CEO HPQ Tel (514) 907-1011
Patrick Levasseur, COO HPQ, President and CEO BGF Tel: (514) 262-9239
www.HPQSilicon.com

Shares outstanding: 222,284,053

Tags: , , ,
Posted in All Recent Posts, HPQ-Silicon Resources Inc. | Comments Off on $HPQ.ca Receives Final Court Approval for the #Beauce #Gold Fields Spin Out

INTERVIEW: $HPQ.ca Subsidiary Beauce #Gold Fields Discusses North-Eastern Extension to Major Fault Line + Upcoming Spin-Out

Posted by AGORACOM-JC at 3:08 PM on Friday, October 5th, 2018

Tags: , , , , ,
Posted in AGORACOM Via Satellite, Featured, HPQ-Silicon Resources Inc. | Comments Off on INTERVIEW: $HPQ.ca Subsidiary Beauce #Gold Fields Discusses North-Eastern Extension to Major Fault Line + Upcoming Spin-Out

$HPQ.ca Subsidiary Beauce #Gold Fields Receives Conditional Approval for Listing on the TSX Venture Exchange

Posted by AGORACOM-JC at 8:51 AM on Thursday, October 4th, 2018

Hpq large

  • Received conditional approval for a new listing from the TMX: TSX Venture Exchange (“Exchange”).
  • The new listing will trade under the reserved stock symbol BGF. 
  • As part of the conditional approval process, the Exchange has also approved a minimum concurrent BGFI private placement financing of $550,000.

MONTREAL, Oct. 04, 2018 — HPQ Silicon Resources Inc (“HPQ”) (TSX Venture: HPQ) is pleased to inform shareholders that HPQ subsidiary, Beauce Gold Fields Inc, (“BGF”) has received conditional approval for a new listing from the TMX: TSX Venture Exchange (“Exchange”). The new listing will trade under the reserved stock symbol BGF.  As part of the conditional approval process, the Exchange has also approved a minimum concurrent BGFI private placement financing of $550,000.

Patrick Levasseur, President and CEO of HPQ Beauce Gold Fields stated, “The listing of BGF will allow HPQ to unlock the full potential value of the Beauce Gold property through a fresh new entity that is starting with a tight capital structure.” Mr. Levasseur also stated “The Beauce is Canada’s last underexplored historical placer mining camp. It’s similar to the White Gold projects in the Yukon or the Cariboo district in BC, that were both placer gold mining camps as well, but recently had major gold discoveries. Combining our large claims holding in St-Simon-Les-Mines together with our increasing knowledge of the geology, we believe we have narrowed the search in exploring for a hard rock gold deposit”

TSX-V Conditional Approval and Concurrent Private Placement

The Listing of BGF is conditional to the submission and satisfactory review of the Listing Application, the required financial statements plus various supporting documents and the closing of the minimum Private Placement of $550,000.

In this regard, the Exchange has conditionally accepted the Company’s notice for filing in connection with the proposed transaction of a BGFI Private Placement on the following basis:

  1. A minimum of 1,666,666 flow-through units (FT Units) at the price of $0.12 per FT Unit and 3,500,000 hard-cash units (HC Units) at the price of $0.10 per HC Unit ($550,000); and
  2. A maximum of 1,666,666 FT Units at the price of $0.12 per FT Unit and 5,500,000 HC Units at the price of $0.10 per HC Unit ($750,000).

Each HC Unit will be comprised of one common share and one warrant to purchase one common share at the price of $0.15 per share for two years following the closing date. Each FT Unit will be comprised of one flow-through common share and one-half of one warrant, with each full warrant allowing the holder to purchase one common share at the exercise price of $0.18 per share for a period of two years following the closing date.

 

About Beauce Gold Fields

BGF is a wholly owned subsidiary of HPQ Silicon into which HPQ gold assets were transferred.   Subject to approval by TSX-V, HPQ is in the process of listing BGF as a new public junior gold company, following the approval by shareholders during HPQ AGM held on Aug. 10, 2018, of the proposed terms of the plan of arrangement.

The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s (see HPQ SEDAR-filed report).

A Beauce Gold Fields presentation is available and can be downloaded via the following link. http://www.hpqsilicon.com/wp-content/uploads/2017/07/BGF-Presentation-V-Jul-2017.pdf

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative metallurgical PUREVAPTM “Quartz Reduction Reactors (QRR)” process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the steps required to transform quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.

Disclaimers:

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 Company’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 Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company 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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact

Bernard J. Tourillon, Chairman, President and CEO HPQ Tel (514) 907-1011
Patrick Levasseur, COO HPQ, President and CEO BGF Tel: (514) 262-9239
www.HPQSilicon.com

Shares outstanding: 222,284,053

Tags: , , , ,
Posted in HPQ-Silicon Resources Inc. | Comments Off on $HPQ.ca Subsidiary Beauce #Gold Fields Receives Conditional Approval for Listing on the TSX Venture Exchange

« Older Entries
Newer Entries »