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Bullboard - Stock Discussion Forum 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... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > PPP-Mellon recent 400k share sale ended in a huge purchase
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Post by claudemc on Feb 15, 2021 11:20pm

PPP-Mellon recent 400k share sale ended in a huge purchase

Mellon completed their sales of 400k shares at market on Feb 12. I think they recovered more than they were expecting. From the time they announced and start selling on Jan 21 the first 25k sales were at $2.85 average on that day and the last 25k on Feb 12 at $8.78 average.

In total they sold 400k shares at approx average of $5.54 for approx. total value of $2,217,530.00.

They then exercised (also on Feb 12) all 3,448,276 warrants they were holding @ .58 for a total cost of $2,000,000.00.

Must be nice, they sold 400k shares to buy/add 3.5 million shares.

stay safe!
Comment by Yajne on Feb 15, 2021 11:53pm
Thanks claudemic, hopefully this puts a nail in the naysayers who were attempting to use this sale to create doubt in investors. The vultures will continue to hover, looking for their next opportunity to create doubt. It's all noise, PYR and Peter are the real deal, and I suggest shorts cover quickly or face the dire consequences. The PYR story is only now being discovered by a much broader ...more  
Comment by Shootermcgavin on Feb 16, 2021 2:19am
peter let his tongue slip here on a reply to Oldguy1 and made mention that he was going to buy back 3.5M shares after selling the 400,000. The post on Agoracom was deleted a little later the same day.
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