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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > Why would it say remaining equity?
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Post by GOGREENBABY on Jan 12, 2024 3:23pm

Why would it say remaining equity?

Does anyone know why the most recent news releases says "PyroGenesis may, at any time, convert its right to this royalty stream into a 50% ownership stake in HPQ Polvere remaining equity in HPQ Polvere."

Why does it sat "REMAINING EQUITY"? I believe it used to say 50% equity of HPQ Polvere, not 50% of the remaining equity.

Why would it say remaining equity? Where is part of the equity going?
Comment by EtheGreat on Jan 12, 2024 10:37pm
I thought the Equity Conversion was ar " HPQ Silicon " Parent Level not the Subsidiaries -- could it be that someone just screwed up the wording ? Mistakes still do indeed happen ...  But Very Good Catch & Point !
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