Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.

TSX:PYR - Post by User

Pyrogenesis Canada Inc > Is this concerning for anyone??

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Comment by sandysoucion Nov 10, 2020 10:43pm

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Post# 31875565

RE:RE:RE:RE:Is this concerning for anyone??

yes, seems that was Danielthemanual's FIRST and ONLY post ever on Stockhouse..........

Stubbyinsider wrote: Funny how he asks the question; you both answer, and yet he doesn't respond. Typical lol Go PYR!

MidtownGuy wrote: Also forgot to add...

Acceleration of the expiry date means move it forward and shorten the time window during which people can exercise those warrants. Again, a good thing, as:

1/ this means they don't want people buying stocks for super cheap 2 years later when the stock is $50 etc.
2/ it's better to sell warrants sooner rather than later, as a later date can keep a stock price artificially low when people remember there's a whack of shares available at some point for a certain price

And as Develop mentioned, it's a 2 for 1 (half share for every share owned).

All of it says to me they have great confidence the share price is going waaayyyyy higher than that warrant price.

MidtownGuy wrote: You're missing the point. It's specific to the Venture exchange, where time remaining is literally a few days. If anything, this is exciting, as it actually suggests even in the limited time left on the Venture exchange, that they think the share price might go to $6.75.

Danielthemanual wrote: the warrants issued through PyroGenesis’ offering is subject to potential acceleration of the expiry date within those 24 months. If the company’s common shares on the TSXV reach a volume weighted average trading price higher than $6.75 for 20 consecutive trading days, PyroGenesis may accelerate the expiry date.

does anyone feel like with this provision that come 2 years from
nowntje stock price might be only somewhere around $6.75??

Thanks