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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 IvanVanBeethovenon Jun 05, 2024 6:05am
181 Views
Post# 36072583

RE:NR: Feds resume SDTC funding under NRC

RE:NR: Feds resume SDTC funding under NRCP.14 of the MD&A

PUREVAPTM QRR FUTURE PROGRESS MILESTONES

Work done in 2023 having validated 100% of the project's critical milestones of the pilot plan project,
combined with the fact that the Company activities will be primarily focused on our Fumed Silica,
advanced silicon-based anode materials and hydrogen niches, the company's activities surrounding the
PUREVAPTM project will instead be focused on:

1. Finalizing an agreement regarding for the development of technologies for capturing CO gas
generated during the direct carbothermic production of silicon from quartz and its conversion
into solid carbon that can be reinjected into the next production cycle.
2. Securing grant financing for proof-of-concept studies concerning HPQ Green Silicon capability.
3. Launch of proof-of-concept studies for HPQ Green Silicon initiative. Centered on the capture of
CO gas generated during direct carbothermic production of silicon from quartz and either
convert it to solid carbon that can be re-injected in the next production cycle or combining it
with green hydrogen to produce green synthetic fuel.

The costs for achieving point 3 will be finalized once the agreement regarding for the development of
technologies for capturing CO gas generated during the direct carbothermic production of silicon from
quartz and its conversion into solid carbon that can be reinjected into the next production cycle is
finalized.

Regarding point 2, the Corporation will be seeking partial financing for these costs through a grant from
the appropriate government authorities. Unfortunately, the activities of one of the main funders for this
type of project, Sustainable Development Technology Canada (SDTC), are frozen until further notice due
to internal governance issues at SDTC.

https://www.sedarplus.ca/csa-party/records/document.html?id=26629c0b89c402acdbe5a8d425de0ad83b71ac6f1244e1a15beb25bf316ce23f

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