RE:RE:RE:RE:RE:RE:New Press Release - PyroGenesis Signs Two Contracts with Aluminerie Alouette for $2.7 MillionNor did it help Lion Electric, Xebec Adsorption, North America Lithium (Sayona/Piedmont), Blackrock Metals and McInnis Cement shareholders.
dalesio_98 wrote: dalesio_98 wrote: developbc wrote:
BCONTVentures wrote: I don’t think people realize the magnitude of yesterday’s news:
1) Aluminerie Alouette is 40% owned by Rio Tinto, 7% by the Quebec government, and is the largest aluminum smelter in North and South America. Despite a small contract, these types of companies don’t play games. They typically intend to follow through on R&D testing (which they are doing here), once you are in you are in. The fact that PyroGenesis made it this far is huge.
2) Yesterdays’ AGM presentation was top tier. Steve McCormick (VP Corporate Affairs) did an excellent presentation detailing his knowledge of the industries in which PYR is involved in and a comprehensive understanding of the industrial needs these players require and PyroGenesis’ top tier solutions to these.
3) A private placement is announced where the CEO is subscribing to 2/5th of it. An amount that far exceeds the proceeds from Mellon shares. Basically moving money from Mellon to the company, and in the process getting shares through warrants.
Then we have the upcoming catalysts that should manifest soon.
Fantastic work Peter and Team!
Long and Strong in PyroGenesis!
Yes indeed this is bigger than most realize as we all know Client B is Rio Tinto. Quebec Gov't being connected is huge Quebec Gov't is signficant shareholder of HPQ as well.
Long and strong PYR!!!!!!!!!!!!
Quebec government/IQ involvement certainly hasn't helped Nemaska Lithium and Nouveau Monde Graphite shareholders.
Nor did it help former Orbite Technologies Inc and Stornoway Diamonds shareholders.