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.

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HPQ Silicon Inc > PyroGenesis' Q3 Financials

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Comment by BCONTVentureson Dec 08, 2020 6:50am

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Post# 32056115

RE:RE:RE:PyroGenesis' Q3 Financials

Here's a breakdown of the shares and warrants that PyroGenesis has in HPQ Silicon:

Shares in HPQ Silicon: 25,074,200

Warrants in HPQ: 27,344,600

Great to see that PyroGenesis has such a vested interest in HPQ Silicon/PUREVAP. For PyroGenesis to invest so much of their own funds into HPQ Silicon, this speaks volumes to the value of PUREVAP and where PUREVAP QRR and PUREVAP NSiR is headed.

Exciting times!

Long and Strong in HPQ Silicon and PyroGenesis!

BCONTVentures wrote: Some great highlights (pertaining to HPQ Silicon) from PyroGenesis' Q3 Financials:

- signed a contract for approx. $3MM with HPQ Nano Silicon Powders Inc, a wholly owned subsidiary of HPQ Silicon Resources Inc, to exploit the benefits of the novel PUREVAP™ Nano Silicon Reactor (NSiR) to make nano Silicon powder for the battery market,

- PUREVAP™ related sales of $2,883,819 (2019 - $328,733)

- The adjustment to the fair market value of strategic investments in Q3 2020 resulted in a gain of $15,220,857 compared to a gain in the amount of $70,717 in Q3 2019, representing an increase of $15,150,140. The increase is primarily attributable to the increased market share value of common shares and warrants owned by the Company of HPQ Silicon Resources Inc.

d) increased the Company’s investment in HPQ, which has subsequently experienced a significant increase in market capitalization;

From the NR here:

https://stockhouse.com/news/press-releases/2020/11/25/pyrogenesis-announces-q3-2020-results-revenues-8-1mm-net-income-15-3mm-gross

Exciting times!

Long and Strong in HPQ Silicon and PyroGenesis!