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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

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

Post by Toppert1on Jan 28, 2025 11:52am
205 Views
Post# 36424311

What transperancy? - None

What transperancy? - NoneThe company's first news release that mentioned the AMF included only the barest scraps of facts.

PyroGenesis Provides Update on Financing and Corporate Matters

T.PYR | February 21, 2023

Regulatory Matters

"The Company announces that on February 17, 2023, the Company received a motion from the Autorit des marchs financiers (the “AMF”), the securities regulatory authority in the Province of Qubec,................................................The Company and Mr. P. Peter Pascali believe that no corporate or securities laws have been breached, but cannot predict whether any enforcement action will result from the investigation."

You'll notice if you read this press release in full, there's no mention at all of Alan Curleigh being a co-defendant.

None at all.

And why is that??

Because the company wanted to avoid the embarrassment of having issued a press release welcoming back Alan Curleigh as Chairman less than two weeks prior.

So why did they announce the AMF investigation when they did?

Because the AMF forced them to.

They'd been keeping it under wraps for too long, according to the AMF.

That's a fact.

Hence the sparcity of details.

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