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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

Post by Betteryear2on May 21, 2024 10:08am
247 Views
Post# 36049795

PyroGenesis Announces Receipt of $1.5 Million as Settlement

PyroGenesis Announces Receipt of $1.5 Million as SettlementMONTREAL, May 21, 2024 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, is pleased to announce that its wholly-owned subsidiary Pyro Green-Gas Inc. and certain related persons (collectively, the “PGG Parties”) have settled all ongoing legal proceedings involving Gas RNG Systems Inc. and certain related persons. The two proceedings directly involving Pyro Green-Gas Inc. are described in detail in the “Legal Proceedings” section of the Company’s most recent annual information form available for download at https://www.sedarplus.ca. The settlement was concluded on a no-fault basis and results in the payment of US$1.1 million (approximately CAN$1.5 million) to the PGG Parties, with all parties to the proceedings providing full and final releases.

PyroGenesis Announces Receipt of $1.5 Million as (globenewswire.com)
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