PressReader.com Article Here is the full article from PressReader.com with selected parts highlighted. Many thanks to Stephy and thesabbathlife for this.
Bottom line from HPQ Silicon: "...
everything material about the company’s operations has been disclosed and that HPQ-Silicon is on target to produce its strongly sought-after nanosilicon powders and nanowires for delivery and testing to battery industry parties in December." (This is quoted from directly below).
This is positive affirmation, everything is on track. Great work Bernard and Team at HPQ Silicon!
Long and Strong in HPQ Silicon!
Full article: HPQ-SILICON RESOURCES Inc. is issuing this press release in response to recent market activity. HPQSilicon does not usually comment on stock price and trading activity; however, given recent activity and inquiries from investors, the company would like to confirm that everything material about the company’s operations has been disclosed and that HPQ-Silicon is on target to produce its strongly sought-after nanosilicon powders and nanowires for delivery and testing to battery industry parties in December.
The company also confirms the Sept. 3, 2020, closing of the $2.7-million non-brokered private placement, announced on Sept. 1, 2020. As a result of this financing, HPQ-Silicon has never been as well financed to push forward on its nanosilicon initiatives for the battery sector
and other renewable energy applications, from which HPQ-Silicon has announced two NDAs (non-disclosure agreements).
“HPQ Purevap quartz reduction reactor and HPQ Nano Purevap nanosilicon reactor processes are unique processes that will allow us to deliver to advanced materials companies and battery manufacturers a cost-competitive, tailor-made product that can replace graphite in batteries and thereby allow the deployment of truly powerful, next-generation lithium-ion batteries,” said Bernard Tourillon, president and chief executive officer of HPQ-Silicon.
“These processes open up unique, multibillion-dollar business opportunity for HPQ and PyroGenesis as we strive to deliver the critical silicon nanomaterials required by the surging lithium-ion battery market and other large renewable energy markets.”
Interest in Purevap nanosilicon reactor gamechanging, low-cost potential
Research indicates that replacing graphite with nanosilicon powders could allow the manufacturing of high-performance lithium-i on batteries to deliver an almost-10-fold increase in anode capacity, inducing a 20-per-cent-to-40-per-cent gain in the energy density of the next generation of lithium-ion batteries. Silicon nanomaterial potential to meet the energy storage demand of the future is undeniable and is generating massive investments.
Despite the strong research and investment in silicon nanomaterial, current manufacturing processes to make nanosilicon powders are not scalable or commercially viable. By December, 2020, HPQ-Silicon will be on the starting blocks of demonstrating a process that can address both the scalability and cost hurdles required by the industry.
About HPQ-Silicon Resources Inc.
HPQ-Silicon Resources is a Canadian producer of innovative silicon solutions based in Montreal. The company is building a portfolio of unique, high-value specialty silicon products needed for the coming renewable-energy revolution.
We seek Safe Harbor.
Noelle Drapeau, Daryl John Hodges, Patrick Real Levasseur, Richard Mimeau, Robert Robitaille, Peter Henderson Smith, Bernard J Tourillon
(HPQ) Shares: 257,972,165
https://www.pressreader.com/canada/stockwatch-daily/20200910/281887300717977?fbclid=IwAR0ho-AOAt4VR_BXbBssdwQY6KLfFNjxN7a2z7eEOMaD8xBrUQEjWOqiCAI