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.

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PyroGenesis Inc > Can someone explain this

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Comment by Duke101on Jul 21, 2022 7:30am

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Post# 34839625

RE:Can someone explain this

PYR sold a Drosite system for 17 MM. When they sell a Drosite they sell it to Drosite International who in turn sells to end customer. Drosite International has a special payment plan with PYR so money is still due and what the terms are is anyone's guess. Drosite International is owned by Peters son, so this may be included in the 18.5MM cash and cash. equivilents JMO

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