Converting to a stake in HPQ Polvere May 31st 2024 ? Anyone have Info on how and when this will be announced and or what this may mean for our HPQ position of shares ?
The only point of negotiation left is a shareholder agreement regarding the operations for HPQ Polvere, Tourillon said.
“With PyroGenesis’ conversion of the HPQ Polvere annual royalty option to an ownership stake, the potential benefit to the company from HPQ Polvere’s future success is enhanced, and we are very excited about what the future holds for the FSR project — an initiative we believe is a truly innovative approach to producing fumed silica, one of the most in-demand materials,” Peter Pascali, president and CEO of PyroGenesis, said in a release.
PyroGenesis to buy 50% stake in HPQ's fumed silica tech subsidiary • SustainableBiz Canada • Sustainable Business News