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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

Industrials Technology
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

PyroGenesis Inc > NASDAQ listing
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Comment by Satxxxon Dec 08, 2020 10:58pm
246 Views
Post# 32064817

RE:RE:RE:NASDAQ listing

RE:RE:RE:NASDAQ listingFrom the news release:  "There will not be a concurrent financing associated with this listing nor will there be a reverse stock split."

So my previous explanation is  not correct for this listing on the NASDAQ.

Then the only way that I can see to list shares is for sellers of the stock to investors whose shares will be listed on the NASDAQ.  I suspect that the CEO, and maybe others as well, will be offering their shares, or warrants, or options, for sale. The cash generated will go to the sellers, not the company.  Those shares will be listed on the NASDAQ.  Otherwise, the explanation is above my pay grade!
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