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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Bullboard Posts
Comment by Hilbertkon Apr 26, 2020 9:16am
230 Views
Post# 30954449

RE:RE:RE:Alex Pascali

RE:RE:RE:Alex Pascali

Savy, 

To assist with your DD you may want to research Canada and Saudi Arabia relations after comments made by the Canada's foreign minister. There is a reason that DI is based in the US and the NR highlights that all manufacturing will be done in the US. 

Secondly, yes Peter provided a loan to the company. It was done, to my understanding, to secure funding during a time of uncertainty due to Coronavirus. Coincidently the interest payment is almost the exact amount Peter donated to a Montreal hospital. He also was able to increase his stake in the company, should he wish to convert the loan into shares. 

HK 

Bullboard Posts