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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

Post by MidtownGuyon Jun 03, 2021 6:33pm
290 Views
Post# 33326686

About the lack of a Halt

About the lack of a HaltA halt is not a requirement. Furthermore, it's the exchange, not the company, that determines whether a halt is enacted. For the TSX, that's the Market Surveillance group that makes that call. Clearly the exchange did not believe a halt was warranted, so didn't do so.


“It is is neither the intention nor practice of Market Surveillance to halt trading for all news releases from listed companies. A news release is discussed by Market Surveillance and the listed company prior to its release and a determination is made as to whether a trading halt is justified based upon the impact which the particular announcement is expected to have on the market for the company’s securities."

Source: https://www.tsx.com/ebooks/en/timely-disclosure/files/assets/common/downloads/publication.pdf

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