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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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

Comment by BCONTVentureson Feb 07, 2023 6:38am
298 Views
Post# 35271117

RE:PYR to Privatize?

RE:PYR to Privatize?PyroGenesis will not be privatized.  Why would Peter/PYR take the time (and funds) to uplist to the Toronto Stock Exchange (TSE) from the Venture exchange?  And then to further uplist to the NASDAQ just to go private makes no sense.

The privatization question/issue is one I asked Peter in 2017 when I met him and he said he had no plans to take PyroGenesis private.  He truly cares for his shareholders (he is also the largest shareholder) and employees.  He is genuine and the real deal.

Peter has mentioned that his Son (Alex) will become President of PyroGenesis in the future.  Note that Alex was instrumental in bringing both DROSRITE and HPQ Silicon (the Quartz Reduction Reactor, QRR) to fruition at PyroGenesis.

PyroGenesis will not be privatized.

Long and Strong in PyroGenesis!

LivingTheDream1 wrote: You bet! The longer PYR shares continue to be priced as an early stage R&D company the more intriguing it is for Peter to take the company private. Peter already has controlling interest in the company's shares and therefore making a move to privatize the company is fairly easy. He can appease shareholders with a $3 to $4 share offer and the rest is history. Don't be fooled into thinking this won't happen. Peter will come out much better going down this path and will reap larger rewards just as the major contracts start rolling in......

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