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.

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Pyrogenesis Canada Inc > Peter selling 750K more shares

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Comment by MidtownGuyon May 22, 2022 1:47pm

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Post# 34701251

RE:RE:Peter selling 750K more shares

Just for clarity... you're missing the fact that these are personal shares being sold, not the company's, so any proceeds from the sales do not go to PYR.

COGT wrote: Just a thought doing some Saturday mathematics:

Pyro just purchased 3.6 million HPQ shares at .53 = $1.9 million .

$1,900,000 divided by say a PYR share price of $2.53 = approximately 750,000 shares.

Result:
Pyro gets the money back and 3.6 million HPQ purchase warrants at 60 cents for free.
HPQ gets 750k shares of Pyro ($2 million in equity) for free.

Just coincidence or end around ? Or?Comments/reasoning welcome.
GLTA