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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 developbcon Sep 01, 2023 1:05am
87 Views
Post# 35615257

RE:RE:Reasons for settlement agreement

RE:RE:Reasons for settlement agreement
dalesio_98 wrote:
developbc wrote: Because PETER had no beneficial interest in Phoenix I really believe why PETER so confident they will win and prevail 

@HARJAY 2..0 from PYROGENESIS CANADA INC. REVISED ANNUAL INFORMATION FORM FOR THE YEAR ENDED DECEMBER 31, 2019 Dated November 3, 2020 Following discussion, and after taking into consideration the merit of the claim, the potential lengthy and costly // // litigation procedures that could result from the claim, the negative impact the claim would have on the capacity of the // // Company to complete additional financings if the claim was reflected in its financial statements, and the terms of the // // settlement agreement, the Board unanimously approved the entering into of the settlement agreement, with P. Peter // // Pascali abstaining from voting. // // As a result of a power of attorney signed by the Father and authorizing P. Peter Pascali, the Chief Executive Officer // // of the Company, to take certain actions on his behalf, Phoenix was considered “under common control” of the Father // // and P. Peter Pascali from an accounting perspective when the settlement agreement was entered into. P. Peter Pascali // // had no beneficial equity interest in and was not a director or officer of Phoenix at the time of the settlement.


View chart for Phoenix Haute Technology Inc. et al ... Petros Peter Pascali shareholder/director is mentioned, is that Sr and PYR CEO Mr. Pascali? 

https://offshoreleaks.icij.org/nodes/143982

Clicking on Petros Peter Pascali director/shareholder brings up another chart linking to Baihali Enterprises Inc.

What web of offshore companies.


It was stated father's company Phoenix...so obviously Petros is the father of Peter. 

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