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HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

Chemicals Specialty Chemicals Gold
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.


TSXV:HPQ - Post by User

HPQ Silicon Inc
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Post by Oden6570on Feb 17, 2022 3:45am
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Post# 34437037

Industrial Processes Ramp Up Demand for Silicon

Industrial Processes Ramp Up Demand for SiliconPyroGenesis Canada Inc. (NASDAQ: PYR) announced on September 8th, 2021 that, further to its press releases dated May 27th and July 6th, 2021, it has now received $630,000 in additional funding from a second government agency, for a total project value of approximately $5.3MM (including sale of IP of $3.3MM), all to be received by the Company. As previously disclosed, PyroGenesis, in partnership with HPQ Silica Polvere Inc. ("HPQ Polvere") a wholly owned subsidiary of HPQ Silicon Resources Inc. ("HPQ"), has been tasked to design, develop and manufacture downstream business opportunities by converting quartz to fumed silica, using a novel one-step plasma-based reactor. This process is designed to enable the reduction of hazardous waste and greenhouse gas ("GHG") emissions when compared to legacy processes. Under the partnership agreement, PyroGenesis also benefits from (i) a 10% royalty ("Royalty") on HPQ Polvere's future sales (with set minimums never to exceed 100% of revenues), and (ii) the option to convert this Royalty at any time into a 50% ownership in HPQ Polvere.
Industrial Processes Ramp Up Demand for Silicon (prnewswire.com)

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