PyroGenesis Inc T.PYR

New Press Release - PyroGenesis Provides Update Regarding Receipt of $4.1 Million Payment

Additional payments are expected to follow MONTREAL, June 26, 2024 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced...read article.

[BCONTVentures]

Excellent news/update.  Great hearing that PyroGenesis' DROSRITE systems are working exceptionally well and that by working with Radian/Ma'aden through this could lead to increased DROSRITE sales and the cross-selling of PYR's solutions.  Saudi Arabia is a huge market and very advanced.  It's fantastic that PyroGenesis not only has a foot in the door with SA, but has

[COGT]

Well in 20 short weeks Drosrite looks to be squared away and New Contract encompassing other Aluminum offerings with predictable revenue will arise.  Oh ya that window could very well have EarthGrid agreements as well .....not to mention other divisions finally turning the revenue corner  GLTA

[mjh9413]

I wonderif the investor enquiries are satisfied by the NR? Most certainly from about April 2022 PYR was making lots of NRs covering the $25MM deal and others and, in fact, those NR's confirmed 3 were delivered and another 4 were shipped or due to be shipped (If I am keeping up with all the NRs on the subject.)  So we see $11.6MM defined from the $25MM contract but do we know how many

[BCONTVentures]

Great points COGT, and yes, the relationship/partnership formed between PyroGenesis and Radian/Ma'aden can lead to increased DROSRITE sales and the cross-selling of PYR's technologies and solutions.  Give Peter and PYR credit for fostering this relationship, Saudi Arabia is an advanced country and opportunities abound.