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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.


TSXV:HPQ - Post by User

Comment by Pandoraon May 03, 2022 6:28pm
280 Views
Post# 34653010

RE:RE:RE:RE:I have one problem... with the NR

RE:RE:RE:RE:I have one problem... with the NR

 

HPQ-Silicon 6.8-million-share private placement

 

2022-05-03 16:40 ET - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

 

Number of securities:  6.8 million common shares

Purchase price:  53 cents per common share

Warrants:  6.8 million share purchase warrants to purchase 6.8 million common shares

Warrant exercise price:  60 cents per share for a period of 24 months following the closing of the private placement

Number of placees:  one placee

Insider/pro group participation:  none

Finder's fee:  none

 

The company has confirmed the closing of the private placement in a news release dated May 2, 2022.

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