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Bullboard - Stock Discussion Forum 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... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > Accurate informations about 2023 Private Placements
View:
Post by TOCKY8008 on Jul 17, 2024 2:57pm

Accurate informations about 2023 Private Placements

February 21  2023.

Total  PP  with Cormack  10M+   PyroGenesis Provides Update on Financing and Corporate Matters

February 23  2023

AMF suspend PP based on : 

"The AMF alleges in the order that PyroGenesis does not satisfy all of the requirements necessary to complete the financing..., namely that PyroGenesis will have available funds to meet its business objectives and liquidity requirements for a period of 12 months.


Comment by TOCKY8008 on Jul 17, 2024 2:58pm
That post is incomplete more info coming. TOCKY8008
Comment by TOCKY8008 on Jul 17, 2024 3:22pm
Let's try again, February 21  2023. Total  PP  with Cormack  10 M+ (including Peter's  2.5 M) PyroGenesis Provides Update on Financing and Corporate Matters February 23  2023 AMF suspend PP based on :  "The AMF alleges in the order that PyroGenesis does not satisfy all of the requirements necessary to complete the financing..., namely that ...more  
Comment by dalesio_98 on Jul 17, 2024 4:32pm
Tocky8008, I believe you are reading the content incorrectly. IMO - AMF is stating (alleges) that Pyro does not satisfy all the requirements necessary to complete the financing ... they will not have available funds to meet its business objectives and liquidity requirements for a period of 12 months. The AMF alleges in the order that PyroGenesis does not satisfy all of the requirements ...more  
Comment by tamaracktop on Jul 17, 2024 4:37pm
Good job supporting my argument and verifying my earlier post. Good to see you're coming around. Not that I care.
Comment by tamaracktop on Jul 17, 2024 4:39pm
That was addressed to Tocky, not Dalesio.  Can't respond to Tocky directly because I no longer see his ( her ) posts.
Comment by TOCKY8008 on Jul 17, 2024 5:17pm
Tell me what argument I was "supporting" ? TOCKY8008
Comment by TOCKY8008 on Jul 17, 2024 5:14pm
Dalesio_98, I read part of  NATIONAL INSTRUMENT 45-106  PROSPECTUS EXEMPTIONS. Specifically part 5a. section i state : "at the time of the distribution, the issuer reasonably expects that the issuer will have available funds to meet its business objectives and liquidity requirements for a period of 12 months following the distribution; Therefore, the AMF did not think PYR add ...more  
Comment by Holdrrrr on Jul 17, 2024 5:19pm
They were at the time pursuing the witchhunt ,  trying to milk Peter for 10 million.  Let's not beat around the bush and question why they blocked that PP. Fact remains, well over 12 months later the company is still operating.
Comment by Holdrrrr on Jul 17, 2024 5:21pm
It would look pretty bad if the amf let that PP go through, then a short time later say they are going after Peter financially.  Don't ya think?  That's why the pp was blocked.
Comment by TOCKY8008 on Jul 17, 2024 5:26pm
Holdrrrr, We will never know,but it's a possibility. In any case, it did not and will not stop the Great Peter. TOCKY8008
Comment by Holdrrrr on Jul 17, 2024 4:52pm
Well it's been LONGER than 12 months from February 2023, and PYR is still very much in business, and receiving million dollar payments. So the AMF was clearly, WRONG.
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