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HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.


TSXV:HPQ - Post by User

Post by developbcon Aug 02, 2023 5:24pm
273 Views
Post# 35569929

HPQ JV royalty and ownership structure.

HPQ JV royalty and ownership structure. IF there was a buyout offer for NSiR or Polvere...must be agreed upon by both PYR and HPQ.

PYR can convert 10% royalty of Purevap NSiR and 10% royalty for HPQ Polvere (fumed silica) can be converted at anytime to 50% equity ownership of that JV.


Purevap QRR is solely owned by HPQ with no option to convert to ownership by Pyrogenesis

IF there as a buyout offer for HPQ in it's entirety....the CEO is not the sole decision maker. PYR and Quebec Gov't owns about 8-9% each respectively fully diluted of HPQ. Mgt and Board owns over 10% and strategic investors owns about 6%...which is over 32-34% of all outstanding shares we know of. Plus it would be safe to say 15-20% at least are owned by serious long shareholders which imho puts us over 45-55%. As a long term shareholder myself...I would reject any buyout offer unless obscene as Bernard stated several times as well.

Long and strong HPQ!!!!!!!!!
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