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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

Comment by electriquemanon Mar 15, 2021 8:54pm
316 Views
Post# 32804843

RE:RE:RE:RE:RE:RE:RE:RE:PyroGenesis Announces Acceleration of Warrant Expiry Date

RE:RE:RE:RE:RE:RE:RE:RE:PyroGenesis Announces Acceleration of Warrant Expiry Date
PYR is trading with a daily volume between 350,000 and 1200,000 shares per day, so if people are selling shares to buy their warrants, then over a 30 day period, it shouldn't affect the SP much.  But that's if they sell to buy more.
 
I think people will buy with their savings and not sell anything because I often watch the trades through the PYR INSIDERS and they don't usually sell and then buy.  So the SP will continue its normal course.
 
 
canyousayiii wrote: C'est assez simple.
Le financement en novembre consistait en environ 3,7 millions d'actions et chaque action avait un bon de souscription attach une demi-action au prix d'exercice de 4,5 $. Donc, des bons de souscription pour acheter 1,68 million d'actions 4,5 $. La clause d'acclration est apparue en raison du SP suprieur au prix de 6 $, quel que soit le prix de ngociation pendant plus de 20 jours. Ainsi, PYR demande que ceux-ci soient exercs dans un dlai de 30 jours. Mais, sur ces 1,68 million de bons de souscription, un demi-million avait dj t exerc parce que ces propritaires n'ont pas attendu et n'ont pas le faire. Ainsi, l'appel tait aux dtenteurs de 1,16 million de bons de souscription de payer 4,5 $ par mandat ou ils les perdaient. En supposant qu'ils soient exercs parce que personne ne laisserait cet argent sur la table, le nombre d'actions de la socit augmente selon ces bons de souscription, et PYR reoit 5,2 millions de dollars en espces pour cela. Il y a des avantages et des inconvnients cela, selon l'endroit o vous tes assis. Quant l'effet sur le cours de l'action, tout dpend de la manire dont ces dtenteurs financeront ces actions. S'ils vendent ceux qu'ils dtiennent, cela dpend de la rapidit avec laquelle ils vendent et du soutien l'achat. Mais 1,2 million ne devraient pas impacter le prix sur une plus longue priode.


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