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.

TSX:PYR - Post by User

PyroGenesis Inc > Fifty Percent ago

<< Previous

Bullboard Posts

Next >>

Post by tamaracktopon Jun 02, 2024 8:19pm

212 Views

Post# 36068571

Fifty Percent ago

Post by tamaracktopon Dec 07, 2022 10:21pm

236 Views

Post# 35158050

If you didn't think today's news was fluff, the market did.

People have short memories.

Remember this SEC Notice??...

It may be an irrelevant artifact, because I believe it was in 2017, but I'm not entirely sure if it's irrelevant or not.

You decide:

Summary of Material Change

This material change report is filed to clarify and provide additional disclosure on matters that have previously been disclosed by the Company and update the Company’s continuous disclosure documents. See item 5 below.

5. Full Description of Material Change

On October 9, 2019, PyroGenesis announced that the business line behind a $20 million contract, plus subsequent years revenue, is DROSRITE, and the client is Drosrite International LLC (“Drosrite International”), a US-based private company.

However,.... Drosrite International is, on an accounting basis, a subsidiary of the Company and not a client, as, under applicable accounting standards, the Company is considered to effectively control Drosrite International.

The sole director, officer and shareholder of Drosrite International is Alex Pascali, an employee of the Company and the son of P. Peter Pascali, Chief Executive Officer of the Company.

<< Previous

Bullboard Posts

Next >>

The top 10 artificial intelligence penny stocks