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PyroGenesis $PYR.ca Files Form 40-F Registration Statement with the SEC $RTN $NOC $UTX $DDD.ca $HPQ.ca

Posted by AGORACOM-JC at 4:24 PM on Tuesday, February 2nd, 2021
  • Further to its Press Release dated December 22 nd , 2020, PyroGenesis has filed this afternoon the Form 40-F Registration Statement with the United States Securities and Exchange Commission, in connection with its application to list its common shares on the NASDAQ Stock Exchange
  • NASDAQ is the second largest exchange by market capitalization worldwide, and is home to many of the world’s best technology companies.

MONTREAL, Feb. 02, 2021 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (OTCQB: PYRNF) (FRA: 8PY), (the “Company”, the “Corporation” or “PyroGenesis”) a Company that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to announce that, further to its Press Release dated December 22 nd , 2020, PyroGenesis has filed this afternoon the Form 40-F Registration Statement with the United States Securities and Exchange Commission (SEC), in connection with its application to list its common shares (“Shares”) on the NASDAQ Stock Exchange (“NASDAQ”). NASDAQ is the second largest exchange by market capitalization worldwide, and is home to many of the world’s best technology companies.

The listing of the Company’ Shares on NASDAQ still remains subject to the approval of NASDAQ and the satisfaction of all applicable listing and regulatory requirements. The Company now expects to have permission to list its Shares on NASDAQ within the next few weeks. PyroGenesis will continue to maintain the listing of its Shares on the Toronto Stock Exchange (“TSX”), and would trade on both exchanges under the ticker symbol “PYR”.

Read More: https://agoracom.com/ir/PyroGenesisCanada/forums/discussion/topics/754473-pyrogenesis-files-form-40-f-registration-statement-with-the-sec/messages/2301668#message

VIDEO – PyroGenesis $PYR.ca Starts Off 2021 Right Where It Left Off. Discusses First Ever ETF Inclusions, Q4 Guidance NASDAQ Listing And Yes ….. Iron Ore Plasma Torch Burners $RTN $NOC $UTX $DDD.ca $HPQ.ca

Posted by AGORACOM-JC at 8:47 AM on Friday, January 22nd, 2021

PyroGenesis (PYR:TSX) recently uplisted to the TSX from the TSX Venture and immediately announced plans to apply for a NASDAQ listing.  Then, shareholders of PYR discovered the Company’s stock has now been included by the ARK 3D Printing ETF $PRNT …. so it looks like PYR has started off 2021 right where it left off and we sat down with CEO Peter Pascali to talk about some of the bigger topics on the minds of shareholders.

As always, Peter doesn’t disappoint.  Watch this great interview.

VIDEO – $HPQ.ca Silicon Hits All-Time High On Silicon Reactor Achieving Major Milestone – “We Are Going To Have Fun In 2021” $ENPH $BE $NNO.ca $PYR.ca

Posted by AGORACOM-JC at 6:53 PM on Thursday, January 21st, 2021

Today’s press release from HPQ might have been a little technical for newcomers but the words from CEO Bernard Tourillon explain exactly how important it was: 

“With the Gen1 PUREVAP TM NSiR operational and exceeding expectations from the start, HPQ NANO is uniquely positioned to be at the forefront of low-cost manufacturing of Nano Silicon for batteries and other applications ….. We are very confident that the Silicon materials we are producing, with our expected low-cost scalable processes, will be in high demand by batteries, EV manufacturers and other participants in the ongoing renewable energy revolution.”  

Moreover, Tourillon couldn’t help but display his feelings and proclaimed this was going to be a fun year for HPQ. 

How much fun?  You’re going to have to watch.

$HPQ.ca Gen1 Nano Silicon Reactor Exceeds Expectations, Produces Sub 100 Nm Spherical #Nanopowders & #Nanowires $ENPH $BE $NNO.ca $PYR.ca

Posted by AGORACOM-JC at 8:18 AM on Thursday, January 21st, 2021

Low-Cost Manufacturing of Nano Silicon Materials

  • Gen1 NSiR system performance exceeded design and modelling expectations:
    • Successfully produced sub 100 nm silicon – based spherical nanopowders & nanowires.
    • Computer models suggested that the size limit of the material produced would be between 100 nm and 200 nm.SEM-XRD analysis indicates that the < 100 nm Si base spherical nanopowders & nanowires material could be used as anode material for Li-ion batteries, combined with graphite or not.

MONTREAL, Jan. 21, 2021 — Innovative silicon solutions provider HPQ Silicon Resources Inc. (“HPQ” or “the Company”) ( TSX-V: HPQ ; FWB: UGE ; Other OTC : URAGF ), through its wholly – owned subsidiary, HPQ Nano Silicon Powders inc (“HPQ NANO”), is pleased to update shareholders on milestones achieved during ongoing Gen1 PUREVAP TM Nano Silicon Reactor (“NSiR”) commissioning tests conducted by technology provider PyroGenesis Canada Inc. ( TSX: PYR ) .

“With the Gen1 PUREVAP TM NSiR operational and exceeding expectations from the start, HPQ NANO is uniquely positioned to be at the forefront of low-cost manufacturing of Nano Silicon for batteries and other applications, as we continue working on scaling up the capabilities of our PUREVAP TM NSiR process.” said Bernard Tourillon, President and CEO HPQ Silicon.

PUREVAP TM NSiR LOW-COST PROCESS: FIRST RESULTS ENCOURAGING, MORE TESTING TO FOLLOW

The material produced, under the less than optimum operating conditions of the first commissioning tests, was analysed by scanning electron microscope (SEM) imaging combined with X-ray diffraction (XRD) and yielded the following information:

  • Gen1 NSiR system performance exceeded design and modelling expectations:
    • Successfully produced sub 100 nm silicon – based spherical nanopowders & nanowires.
    • Computer models suggested that the size limit of the material produced would be between 100 nm and 200 nm.
  • SEM-XRD analysis indicates that the < 100 nm Si base spherical nanopowders & nanowires material could be used as anode material for Li-ion batteries, combined with graphite or not.
  • Samples from these commissioning tests have been sent to Professor Lionel ROUÉ of the Centre Énergie Matériaux Télécommunications (EMT) for electro-chemical evaluation.
  • Using results from data collected during these preliminary tests, PyroGenesis technical team has improved the design of the system and the operational parameters of the reactor.
    • It will be possible to provide further inputs and controls on the process to customize the composition and size of the spherical nano powders and nano wires.
  • The Gen1 NSiR is now ready to commence further testing of Silicon nano materials under new conditions, with a goal of producing larger size Silicon (Si) nanopowders and nanowires.

A METHODICAL APPROACH TO THE COMMERCIAL DEVELOPMENT OF OUR DISRUPTIVE TECHNOLOGY

Despite massive investment in Silicon material for batteries , current manufacturing processes are simply not scalable or commercially viable. The PUREVAP TM NSiR represents a game changing leap forward in resolving the issues of commercial viability and scalability, and with the Gen1 NSiR now operational, HPQ NANO is uniquely well positioned to offer industry participants a wide spectrum of products for testing.

The scale of the Gen1 PUREVAP TM NSiR allows HPQ NANO technical provider PyroGenesis to take full advantage of a quick R&D feedback loop during the testing phase. Over short periods, tests are completed, material produced is analysed by scanning electron microscope (SEM) imaging combined with X-ray diffraction (XRD), operational parameters are reviewed and system modifications and/or operational improvements are implemented. This is the key to our methodical approach of developing a truly disruptive low-cost technology that is going to change nano silicon materials manufacturing.

Tourillon added HPQ’s Silicon R&D consortium has the depth and flexibility to meet the challenges as we strive to produce products for renewable energy storage participants and electric vehicle manufacturers, who are searching for cost effective ways of increasing the Silicon contained in their batteries . Silicon’s potential to meet energy storage demand is undeniable, generating massive investments , and serious industry interest. We are very confident that the Silicon materials we are producing, with our expected low-cost scalable processes, will be in high demand by batteries, EV manufacturers and other participants in the ongoing renewable energy revolution.”

Read More: https://agoracom.com/ir/HPQ-SiliconResources/forums/discussion/topics/753558-hpq-gen1-nano-silicon-reactor-exceeds-expectations-produces-sub-100-nm-spherical-nanopowders-nanowires/messages/2299217#message

PyroGenesis $PYR.ca Announces the Implementation of a NCIB $RTN $NOC $UTX $DDD.ca $HPQ.ca

Posted by AGORACOM-JC at 8:48 AM on Tuesday, January 12th, 2021
  • Announced today that it intends to implement a normal course issuer bid through the facilities of the Toronto Stock Exchange or alternative trading systems.
  • Pursuant to the NCIB, PyroGenesis may purchase, from time to time, over a period of 12 months starting January 14 th, 2021 and ending January 13th , 2022, up to 5,000,000 common shares (approx. 3.14% of its common shares issued and outstanding as of January 4 th, 2021).

MONTREAL, Jan. 12, 2021 — PyroGenesis Canada Inc. ( http://www.pyrogenesis.com ) (TSX: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to announce today that it intends to implement a normal course issuer bid (“NCIB”) through the facilities of the Toronto Stock Exchange (“TSX”) or alternative trading systems.

Pursuant to the NCIB, PyroGenesis may purchase, from time to time, over a period of 12 months starting January 14 th , 2021 and ending January 13 th , 2022, up to 5,000,000 common shares (approx. 3.14% of its common shares issued and outstanding as of January 4 th , 2021). As of January 4 th , 2021, there were 159,145,992 common shares of PyroGenesis issued and outstanding. On any given day, during the NCIB, PyroGenesis may only purchase up to 83,342 common shares, which is equivalent to 25% of the Average Daily Trading Volume of 333,370 calculated based on the trading volumes on the TSX from November 20 th , 2020 (being the first day PyroGenesis was listed on the TSX) to December 31 st , 2020.

Purchases under the NCIB may commence as of January 14 th , 2021 and will end on the earlier of: (i) January 13 th , 2022; or (ii) the date on which the Company has purchased the maximum number of common shares to be acquired under the NCIB. All purchases made by the Company will be through Pollitt & Co. Inc. acting on behalf of the Company. The purchases will be made in accordance with the rules of the TSX, through the facilities of the TSX or through alternative trading systems. The actual number of common shares which will be purchased, and the timing of such purchases, will be determined by the Company, and the price which the Company will pay for the common shares will be the market price at the time of the purchase. The common shares purchased under the NCIB will be cancelled.

Read More: https://agoracom.com/ir/PyroGenesisCanada/forums/discussion/topics/752802-pyrogenesis-announces-the-implementation-of-a-ncib/messages/2297190#message

PyroGenesis $PYR.ca Announces Guidance for Q4 2020 $RTN $NOC $UTX $DDD.ca $HPQ.ca

Posted by AGORACOM-JC at 5:53 PM on Monday, January 11th, 2021
  • Based on preliminary financial information, and subject to year-end closing adjustments, PyroGenesis expects revenue for the fourth quarter 2020 to be between $3 – $5 million, resulting in total revenues for the fiscal year ending 2020 of approximately $14 – $16 million, as compared to $1.07 million (Q4 2019) and $4.8 million (FY 2019), respectively.
  • Company also expects earnings per share for the fourth quarter to be in the range of $0.10 – $0.12, and for the fiscal year ending 2020 of between $0.22 – $0.24 , as compared to a loss of $0.04 (Q4 2019) and a loss of $0.07 (FY 2020), respectively.

MONTREAL, Jan. 11, 2021 — PyroGenesis Canada Inc. ( http://www.pyrogenesis.com ) (TSX: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to provide guidance for the fourth quarter, and full year, both ending December 31 st , 2020.

Based on preliminary financial information, and subject to year-end closing adjustments, PyroGenesis expects revenue for the fourth quarter 2020 to be between $3 – $5 million, resulting in total revenues for the fiscal year ending 2020 of approximately $14 – $16 million, as compared to $1.07 million (Q4 2019) and $4.8 million (FY 2019), respectively.

The Company also expects earnings per share (“EPS”) for the fourth quarter to be in the range of $0.10 – $0.12, and for the fiscal year ending 2020 of between $0.22 – $0.24 , as compared to a loss of $0.04 (Q4 2019) and a loss of $0.07 (FY 2020), respectively.

The Q4 2020 guidance and actual 2019 results noted above are summarized in the following table below:

 Actual 2019Guidance 2020
Revenue  
Q4$1.07 MM$ 14-16 MM
YE$4.8 MM$ 22-24 MM
EPS Basic  
Q4($0.04)$0.10-$0.12
YE($0.07)$0.22-$0.24

Read More: https://agoracom.com/ir/PyroGenesisCanada/forums/discussion/topics/752768-pyrogenesis-announces-guidance-for-q4-2020/messages/2297070#message

PyroGenesis’ $PYR.ca CEO to Present at the Sidoti Winter 2021 Virtual Conference on January 14 $RTN $NOC $UTX $DDD.ca $HPQ.ca

Posted by AGORACOM-JC at 2:56 PM on Monday, January 11th, 2021
  • Announced today that Mr. P. Peter Pascali, CEO and Chair of PyroGenesis, is scheduled to present at the Sidoti Winter 2021 Virtual Conference on Thursday, January 14, 2021 at 2:30 PM Eastern Time.
  • Date: Thursday, January 14, 2021
  • Time: 2:30 PM Eastern Time (11:30 AM Pacific Time)
  • Webcast: https://sidoti.zoom.us/webinar/register/WN_qCf2QWYEQwC79n6-di9USg

MONTREAL, Jan. 11, 2021 — PyroGenesis Canada Inc. ( http://www.pyrogenesis.com ) (TSX: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to announce today that Mr. P. Peter Pascali, CEO and Chair of PyroGenesis, is scheduled to present at the Sidoti Winter 2021 Virtual Conference on Thursday, January 14, 2021 at 2:30 PM Eastern Time.

To access the live presentation, please use the following information:

Sidoti Winter 2021 Virtual Conference
Date: Thursday, January 14, 2021
Time: 2:30 PM Eastern Time (11:30 AM Pacific Time)
Webcast: https://sidoti.zoom.us/webinar/register/WN_qCf2QWYEQwC79n6-di9USg

Read More: https://agoracom.com/ir/PyroGenesisCanada/forums/discussion/topics/752741-pyrogenesis-ceo-to-present-at-the-sidoti-winter-2021-virtual-conference-on-january-14/messages/2297002#message

VIDEO – PyroGenesis $PYR.ca Featured on C-Suite at The Open $RTN $NOC $UTX $DDD.ca $HPQ.ca

Posted by AGORACOM-JC at 12:01 PM on Wednesday, January 6th, 2021
  • Peter Pascali , President & CEO, PyroGenesis Canada Inc. (TSX: PYR), shares his company’s story in an interview with TMX Group.

The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange.  Videos provide insight into how company executives think in the current business environment.  To see the latest C-Suite at The Open videos visit https://www.tmxmoney.com/en/csuite.html .

Source: https://agoracom.com/ir/PyroGenesisCanada/forums/discussion/topics/752465-tmx-group-pyrogenesis-c-suite-at-the-open/messages/2296305#message

PyroGenesis $PYR.ca Files Listing Application with #NASDAQ $RTN $NOC $UTX $DDD.ca $HPQ.ca

Posted by AGORACOM-JC at 8:47 AM on Tuesday, December 22nd, 2020
  • Company has submitted a formal application to list its common shares on the NASDAQ Stock Exchange .
  • NASDAQ is the second largest exchange by market capitalization worldwide and is home to many of the world’s best technology companies.
  • In connection with its application to list on NASDAQ, PyroGenesis will, in due course, file a Form 40-F Registration Statement with the United States Securities and Exchange Commission (SEC)

MONTREAL, Dec. 22, 2020 — PyroGenesis Canada Inc. ( http://pyrogenesis.com ) (TSX: PYR) (OTCQB: PYRNF) (FRA: 8PY), (the “Company”, the “Corporation” or “PyroGenesis”) a Company that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to announce today that, further to its Press Release dated December 8 th , 2020, the Company has submitted a formal application to list its common shares (“Shares”) on the NASDAQ Stock Exchange (“NASDAQ”). NASDAQ is the second largest exchange by market capitalization worldwide and is home to many of the world’s best technology companies. 

In connection with its application to list on NASDAQ, PyroGenesis will, in due course, file a Form 40-F Registration Statement with the United States Securities and Exchange Commission (SEC). The listing of the Company’s Shares on NASDAQ remains subject to the approval of NASDAQ and the satisfaction of all applicable listing and regulatory requirements. Based on its typical review process, and according to NASDAQ’s website, the process usually takes 6 to 8 weeks. Therefore, it is expected that the Company’s Shares will be listed before the end of Q1 2021.

“We believe the Company is entering a heightened growth phase and the timing could not be better for uplisting our Shares to NASDAQ,” said Mr. P. Peter Pascali, CEO & Chair of PyroGenesis. “We expect that the move to NASDAQ will increase awareness of PyroGenesis, and its offerings, both within the financial community and amongst potential clients. We believe this listing will also enhance trading liquidity by broadening our appeal to a larger shareholder base, in the US and internationally, as we execute our business plan and drive long-term shareholder value. We are very much looking forward to elevating the Company’s profile with this listing.”

As previously disclosed, there will not be a concurrent financing associated with this listing nor will there be a reverse stock split.

The Company will continue to maintain the listing of its Shares on the Toronto Stock Exchange (“TSX”), and would trade on both exchanges under the ticker symbol “PYR.”

The Company has engaged Nelson Mullins Riley & Scarborough LLP as its US legal counsel to process the NASDAQ listing.

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 manufacturing facility, 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.otcmarkets.com . 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 OTCQB 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]
RELATED LINK: http://www.pyrogenesis.com/  

$HPQ.ca NANO Reaches Major Milestones With Gen 1 Nano Silicon Reactor Operational $EFL.ca $EGT.ca $ENPH $PYR.ca

Posted by AGORACOM-JC at 9:16 AM on Thursday, December 17th, 2020

New Era of Low-Cost Manufacturing of Nano Silicon Materials About to Commence

  • Announced today that technology provider PyroGenesis Canada Inc. ( TSX: PYR ) has informed HPQ NANO that phase 1 of the PUREVAP TM Nano Silicon Reactor (“NSiR”) development program has reached the commissioning stage, with the Gen1 PUREVAP TM NSiR now ready to start producing Silicon nano materials.
  • “The announcement today is indeed a major milestone and we are proud at having played a key role in this accomplishment. We are all extremely excited to have the Nano Reactor up and running, on schedule and on budget, particularly during these trying times.” said P. Peter Pascali CEO and Chairman of PyroGenesis Canada Inc.
  • Despite strong research and massive investment in Silicon material for batteries , current manufacturing processes are simply not scalable or commercially viable. With a capability of producing tailor made silicon materials within a wide range (from < 0.20 µm up to 5 µm), the PUREVAP TM NSiR represents a game changing leap forward in resolving the issues of commercial viability and scalability.

MONTREAL, Dec. 17, 2020  — Innovative silicon solutions provider HPQ Silicon Resources Inc. (“HPQ” or “the Company”) ( TSX-V: HPQ ; FWB: UGE ; Other OTC : URAGF ), through its wholly – owned subsidiary, HPQ Nano Silicon Powders inc (“HPQ NANO”), is pleased to announce today that technology provider PyroGenesis Canada Inc. ( TSX: PYR ) has informed HPQ NANO that phase 1 of the PUREVAP TM Nano Silicon Reactor (“NSiR”) development program has reached the commissioning stage, with the Gen1 PUREVAP TM NSiR now ready to start producing Silicon nano materials.

“The announcement today is indeed a major milestone and we are proud at having played a key role in this accomplishment. We are all extremely excited to have the Nano Reactor up and running, on schedule and on budget, particularly during these trying times.” said P. Peter Pascali CEO and Chairman of PyroGenesis Canada Inc. “The next major step is to get qualified samples into end user’s hands which we are pushing to do before year-end, or shortly afterwards. The more we progress with the Nano reactor the more it seems to us to be a real game changer. It may very well become the gold standard for making nano Si for the battery industry. Success to date bodes well for the future, and today’s announcement is one major step in that direction”.

PUREVAP TM NSiR LOW-COST SPHERICAL SILICON MATERIALS: A GAME CHANGING LEAP

Despite strong research and massive investment in Silicon material for batteries , current manufacturing processes are simply not scalable or commercially viable. With a capability of producing tailor made silicon materials within a wide range (from < 0.20 µm up to 5 µm), the PUREVAP TM NSiR represents a game changing leap forward in resolving the issues of commercial viability and scalability.

With the Gen1 NSiR now operational, HPQ NANO will be uniquely positioned to be able to offer industry participants a wide spectrum of products for testing, while we advance phase 2 of the PUREVAP TM NSiR development program towards the confirmation of the scalability of the process in order to increase our capacity to meet the anticipated emerging demands from battery, EV manufactures and other markets looking for nano silicon materials.

Image 1) HPQ NANO Phase 1 and Phase 2 project timelines is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/5fd1fc40-2f1b-408d-965f-4763be214bef

“First, let me thank the PyroGenesis team for getting the Gen1 PUREVAP TM NSiR operational, on time and on budget, during these challenging times . T his is a major and critical milestone for us. Having the capability to produce Silicon nanopowders and nanowires will allow HPQ to be at the forefront of Nano Silicon for batteries as we continue working on scaling up the capacities of our next generation of PUREVAP TM NSiR reactors. This is another demonstration of the depth and flexibility of HPQ’s R&D consortium as we strive to produce products for renewable energy storage participants and electric vehicle manufacturers, who are searching for cost effective ways of increasing the Silicon contained in their batteries. ,” said Bernard Tourillon, President and CEO HPQ Silicon. “Silicon’s potential to meet energy storage demand is undeniable, generating massive investments , and serious industry interest. We are very confident that demand for the Silicon materials we will produce, with our low-cost scalable processes, will be in high demand by batteries and EV manufacturers in this renewable energy revolution.”

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 m2 manufacturing facility, 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 .

About HPQ Silicon

HPQ Silicon Resources Inc. ( TSX-V: HPQ ) is a Canadian Innovative Silicon Solutions Provider.

Silicon (Si), also known as silicon metal, is one of today’s key strategic materials needed for the decarbonization of the economy and the Renewable Energy Revolution (“RER”).

Silicon is the most abundant element in earth’s crust but does not exist in its pure state and must be extracted from quartz (SiO 2 ) in what has historically been a capital and energy intensive process. HPQ is building a portfolio of silicon–based products using innovative scalable processes. The target objective is to produce high value speciality Silicon products using technologies that will reduce energy consumption, GHG’s, and carbon footprint.

Working with PyroGenesis Canada Inc. ( TSX: PYR ) , a high-tech company that designs, develops, manufactures and commercializes plasma – based processes, HPQ is developing:

  • The PUREVAP TM “Quartz Reduction Reactors” (QRR) , an innovative process (patent pending), which will permit the one step transformation of quartz (SiO 2 ) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential .

    • HPQ believes it will become the lowest cost (Capex and Opex) producer of silicon (Si) and high purity silicon metal (3N – 4N Si).
  • Through its 100% owned subsidiary HPQ NANO Silicon Powders Inc, the PUREVAP TM Nano Silicon Reactor (NSiR ) , a new proprietary process that can use different purities of silicon (Si) as feedstock, to make spherical silicon nanopowders and nanowires.

    • HPQ believes it can also become the lowest cost manufacturer of spherical Si nanopowders and silicon-based composites needed by manufacturers of next-generation lithium-ion batteries .

    • During the coming months, spherical Si nanopowders and nanowires silicon-based composite samples requested by industry participants and research institutions’ will be produced using PUREVAP TM SiNR .

HPQ is also working with industry leader Apollon Solar of France to:

  • Use their patented process and develop a capability to produce commercially porous silicon (Si) wafers and porous silicon (Si) powders.

    • The collaboration will allow HPQ to become the lowest cost producer of porous silicon wafers for all-solid -state batteries and porous silicon powders for Li-ion batteries.
    • Develop the hydrogen generation potential of Silicon nanopowders for use with the Gennao TM system.
    • Commercialize, exclusively in Canada, and non-exclusive in the U.S.A., the Gennao TM H 2 system and the chemical powders required for the hydrolysis production of Hydrogen (“H2”).

This News Release is available on the company’s CEO Verified Discussion Forum , a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

Disclaimers:

The Corporation’s interest in developing the PUREVAP™ QRR and any projected capital or operating cost savings associated with its development should not be construed as being related to the establishing the economic viability or technical feasibility of any of the Company’s Quartz Projects.

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 security’s 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 Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
http://www.hpqsilicon.com Email: [email protected]