Encouraging. MONTRAL, QUBEC -- (Marketwired) -- 12/29/17 -- HPQ Silicon Resources Inc. ( URAGF
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) (FRANKFURT:UGE)is pleased to announce that
between October 1 and December 29 2017,
$ 441,000 was raised through warrant exercises that included the 6,125,000 warrant expiring on
December 29, 2017. Specifically HPQ Chairman and CEO increase his holding in HPQ by 1,100,000 shares, HPQ President and COO by 687,000 shares, HPQ CFO by 100,000 shares and one director by 700,000 shares.
Bernard Tourillon, Chairman and CEO of HPQ Silicon stated:
"Our decision to invest significant funds into HPQ demonstrates our belief in the potential of the innovative metallurgical production of Solar Silicon using PUREVAP ™ . The addition of Apollon's expertise to the knowledge of Pyrogenesis will take our development efforts of the GEN 2 PUREVAP ™ and Pilot Plant to the forefront of innovative development in the solar industry."