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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. 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, 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

Post by kingscorpionon Nov 20, 2020 6:41pm
994 Views
Post# 31945612

Jasua Peach the reporter

Jasua Peach the reporterWell well we already have our 1st admirer. By Jasua Peach Industrial tech developer PyroGenesis (PYR) is leaving Torontos venture exchange behind, as an impressive years trading pushes it onto the TSXThe company received approval to move onto TSX from the regulators earlier this week, and graduating shares expected to begin trading at open of FridayThe news follows an impressive year on the TSXV, which saw PyroGenesis shares rise a staggering 700 per cent since JanuaryMuch of the recent investor interest has been fuelled by the companys advances in plasma technology, which aims to reduce greenhouse gas emissions from traditional iron ore pelletisation processesPyroGenesis is up 10.37 per cent and is trading at C$3.83 per share Industrial tech developer PyroGenesis (PYR) is leaving Torontos venture exchange behind, as an impressive years trading pushes it onto the TSX. The company received approval to move onto TSX from the regulatory body earlier this week, with graduating shares expected to begin trading at open of Friday. CEO and Chair of PyroGenesis Peter Pascali said it was a pleasure to announce the up-listing to Canadas most senior exchange. We are very pleased to announce this significant achievement for PyroGenesis that confirms our development and growth as a company. I want to take this opportunity to thank the team at PyroGenesis, as well as the professionals who guided us; particularly our legal advisors, he added. With its departure from TSXV imminent, Peter took the time to thank the venture exchange for providing a platform that has allowed PyroGenesis to blossom this year. And blossom it has, with PyroGenesis shares rising a staggering 700 per cent since the start of the year. Much of the recent investor interest has been fuelled by the companys advances in plasma technology, which looks to revolutionise the greenhouse gas output in traditional iron ore pelletisation. This new tech, when coupledwith a recent C$11.5 million contractwith the U.S. Navy, has made PyroGenesisa surprise winner this year among investors. Peter attributed much of the recent success to his team, which he expects to continue on after the new listing takes effect on Friday. The PyroGenesis team, technologies, as well as the solid base of business, and business relationships we have developed, while on the TSXV, are well suited for this graduation, he added. PyroGenesis is up 10.37 per cent and is trading at $3.83 per share at 12:29pm EST.
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