RE:RE:New Press Release - PyroGenesis Announces Purchase of US-Based Drosrite InternationalSome great posts from @cargo from ceo:
@cargo Hmmmm... this is from Ma'aden Aluminum annual report 2023 https://www.maaden.com.sa/download/Ma%E2%80%99aden_AR23_Front%20Section.pdf Notice how this NEW 35MT dross processing facility is inside the premises of one of its Ma'aden subsidiaries and is expected to be operational 2024. @cargo 20 year BOOT agreement:) BCONTVentures wrote: Excellent, from the NR:
“Not only does this acquisition clear up, once and for all, the accounting vs. legal ambiguity surrounding the relationship between PyroGenesis and Drosrite International, but it more importantly now provides PyroGenesis with a 100%-owned US subsidiary through which we can now consider expanding our activities,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis Canada Inc. “This is an important first step within our continually evolving international strategy for the Company.”