Latest news with #PyroGenesisInc
Yahoo
6 hours ago
- Business
- Yahoo
PyroGenesis Announces Extension to Term of Warrants
MONTREAL, June 09, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. ( (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes advanced all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announced today that up to 1,581,250 common share purchase warrants (the 'Warrants') will be amended. The Warrants, which have an exercise price of $1.20, will currently expire on July 22, 2025. Commencing on June 25, 2025, the expiration date of the Warrants held by holders wishing to participate in this proposal will be extended until November 18, 2025. The warrant certificates will also be amended to reflect the changes in PyroGenesis' corporate name and address, which occurred after the Warrants were initially issued. All other terms of the Warrants will remain unchanged. The implementation of these amendments remains subject to the finalization of the documentation with the applicable holders of Warrants. None of the holders of Warrants that are to be amended are insiders of the Company. The Company has received approval for these amendments from the Toronto Stock Exchange, subject to satisfaction of customary conditions. The net proceeds from the exercise of the Warrants will be used for general corporate purposes. About PyroGenesis Inc. PyroGenesis, a high-tech company, is a proud leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional 'dirty' processes. PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997. PyroGenesis' shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY1). For more information, please visit: Cautionary and Forward-Looking Statements This press release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking statements') within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'targets', 'expects' or 'does not expect', 'is expected', 'an opportunity exists', 'is positioned', 'estimates', 'intends', 'assumes', 'anticipates' or 'does not anticipate' or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might', 'will' or 'will be taken', 'occur' or 'be achieved'. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under 'Risk Factors' in PyroGenesis' latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis' profile on SEDAR+ at These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, 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 OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release. For further information please contact: Rodayna Kafal, Vice President, IR/Comms. and Strategic BDE-mail: ir@ RELATED LINK:
Yahoo
15-05-2025
- Business
- Yahoo
PyroGenesis Confirms Successful Collection of Material from Fumed Silica Pilot Plant Baghouse
Material sent to 3rd party lab for analysis MONTREAL, May 15, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. ('PyroGenesis') ( (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announces today that further to its news release dated May 13, 2025, and further to today's press release from the Company's client HPQ Silicon Inc. ('HPQ'), material produced during the latest phase of system testing of the Fumed Silica Reactor (the 'FSR') pilot plant has been successfully retrieved from the baghouse. The material, assumed to be fumed silica, has been sent to a 3rd party laboratory for analysis. PyroGenesis has been engaged to develop the Fumed Silica Reactor by HPQ Silica Polvere Inc. ('Polvere'), a subsidiary of 1: actual material produced by fumed silica reactor and retrieved from baghouse. As announced, the new PyroGenesis designed FSR pilot plant has progressed through several important stages. After successfully proving out the underlying assumptions using lab scale tests, PyroGenesis is now testing the assumptions at pilot plant scale, with the current focus on validating equipment scale-up from lab to pilot scale and replicating the lab-scale fumed silica product quality. The achievements announced today were undertaken to produce, and then collect, fumed silica from the product recovery unit, known as the 'baghouse'. If the 3rd party lab analysis is successful, this would confirm (i) underlying assumptions that the PyroGenesis process can produce material for collection from within the baghouse of the system, (ii) that what has formed is what was expected, and (iii) that any impurities that are observed were not only anticipated but are also in a state that was expected and which can be removed. This announcement today confirms that powder-like material assumed to be fumed silica was successfully produced and then collected from the baghouse and has been sent to a 3rd party lab for analysis. The results are expected over the next several days. 'This is a welcomed result,' said P. Peter Pascali, President and CEO of PyroGenesis, 'and we anxiously await the results from the 3rd party lab to confirm, or otherwise, that we have achieved this key milestone.' Fumed silica is one of the most widely used industrial materials, and can be found in thousands of products we use every day, including personal care, cosmetics, toothpaste, pet litter, powdered food, milkshakes, instant coffee, pharmaceuticals, agriculture (food & feed), adhesives, paints, inks, photocopy toner, sealants, fiber optic cables, thermal insulation, construction materials, and batteries, just to name a few. It is often used in these products as a thickening/anti-caking agent, used to stabilize and improve the texture and consistency of the end-product. PyroGenesis' involvement in developing fumed silica from quartz is part of its three-vertical solution ecosystem that aligns with economic drivers that are key to global heavy industry. Fumed powders are part of PyroGenesis' Commodity Security & Optimization vertical, where the development of advanced material production techniques, and the use of technology such as plasma to recover viable metals, chemicals, and minerals from industrial waste, helps to maximize raw materials and improve the availability of critical minerals. The Company's other verticals are Energy Transition and Emission Reduction and Waste Remediation. About PyroGenesis Inc. PyroGenesis, a high-tech company, is a proud leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional 'dirty' processes. PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997. PyroGenesis' shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY1). Cautionary and Forward-Looking Statements This press release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking statements') within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'targets', 'expects' or 'does not expect', 'is expected', 'an opportunity exists', 'is positioned', 'estimates', 'intends', 'assumes', 'anticipates' or 'does not anticipate' or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might', 'will' or 'will be taken', 'occur' or 'be achieved'. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under 'Risk Factors' in PyroGenesis' latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis' profile on SEDAR+ at These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, 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 OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release. For further information please contact:Rodayna Kafal, Vice President, IR/Comms. and Strategic BDE-mail: ir@ A photo accompanying this announcement is available at: in to access your portfolio
Yahoo
27-01-2025
- Business
- Yahoo
PyroGenesis Signs $2.5 Million Contract with Global Environmental Services Company
First payment of $400,000 received MONTREAL, Jan. 27, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. ('PyroGenesis') ( (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, announces that its subsidiary, Pyro Green-Gas Inc. ('Pyro Green-Gas'), has signed a contract totaling US$1.74 million (approx. CA$2.5 million) with one of the world's largest integrated environmental services companies as part of a large urban waste-to-energy project. An initial payment of CA$400,000 has been received. The multi-national, multi-billion-dollar revenue client provides services to public utilities in dozens of countries worldwide. The client's name is being withheld for competitive and confidentiality reasons. The contract is for the engineering, design, and delivery of components related to gas 'flaring', that provides for the safe and environmentally friendly removal of peripheral emissions considered unworthy of processing during the production of renewable natural gas ('RNG'). The technology will be installed at a large US-based organic waste-to-RNG facility, which was built to produce pipeline-quality natural gas that can be added to the natural gas supply for a major U.S. metropolitan 1 - Advanced technology for efficient waste gas emission abatement in biogas, landfill gas, and industrial processing plants. 'This announcement highlights our continued commitment to providing sustainable technology solutions that contribute to the expansion of the energy grid, while also improving the environment by controlling and eliminating hazardous air pollutants,' noted P. Peter Pascali, President and CEO of PyroGenesis. 'Our engineering skills and technologies are crucial to projects like this, where transforming organic waste to energy helps (i) introduce more capacity to the grid, (ii) reduce landfills, and (iii) solve the energy transition challenges facing large urban areas. We are excited to kick off this initial project with this internationally respected world-class customer, and we look forward to developing this partnership to drive innovation and address the pressing energy and environmental challenges of our times.' It is expected that this contract will be completed in 2025. Pyro Green-Gas' development of various technologies for use in gas flaring and renewable natural gas production are part of the Company's three-tiered solution ecosystem that aligns with economic drivers that are key to global heavy industry. Flaring technologies are part of the Company's Energy Transition & Emissions Reduction tier, where gas purification, separation and conversion technologies, and fuel switching utilize the Company's electric-powered plasma torches, helps heavy industry reduce greenhouse gas emissions and fossil fuel use. The other tiers are Waste Remediation, and Commodity Security and Optimization. About Pyro Green-Gas Inc. Pyro Green-Gas Inc. offers technologies, equipment, and expertise in the area of biogas upgrading, as well as air pollution controls. Pyro Green-Gas designs and builds: (i) gas upgrading systems to convert biogas to renewable natural gas ('RNG'); (ii) pyrolysis-gas purification; (iii) biogas & landfill-gas flares and thermal oxidizers; and (iv) purification of coke-oven gas ('COG') (a by-product in the primary steel industry arising from the conversion of coal into coke) into high purity hydrogen, which is in high demand across the industry. Pyro Green-Gas is also known for its line of landfill gas flares which reduce greenhouse gas emissions from landfills. About PyroGenesis Inc. PyroGenesis, a high-tech company, is a proud leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional 'dirty' processes. PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997. PyroGenesis' shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY). Cautionary and Forward-Looking Statements This press release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking statements') within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'targets', 'expects' or 'does not expect', 'is expected', 'an opportunity exists', 'is positioned', 'estimates', 'intends', 'assumes', 'anticipates' or 'does not anticipate' or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might', 'will' or 'will be taken', 'occur' or 'be achieved'. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under 'Risk Factors' in PyroGenesis' latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis' profile on SEDAR+ at These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, 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 OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release. For further information please contact:Rodayna Kafal, Vice President, IR/Comms. and Strategic BDE-mail: ir@ A photo accompanying this announcement is available at in to access your portfolio
