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PyroGenesis signs $1.2M in new military contracts

Stockhouse Editorial
1 Comment| January 10, 2017

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PyroGenesis Canada Inc. (TSX: V.PYR, OTCQB: PYRNF, Forum) announced today that it has signed additional contracts with the U.S. military totaling $1.2 million (USD). This brings the total value of signed contracts to $13 million (CAD) since June 30, 2016. These military contracts are all expected to be completed by the end of Q2 2017.

The details of the contracts will be discussed in greater detail in upcoming press releases. Further information can be found here.

PyroGenesis was recently in the news last month when it announced the intention to do a buy-back of up to 5% of its outstanding common shares.

The Company has 101 million shares outstanding and a market cap of $21.9 million.


FULL DISCLOSURE: PyroGenesis Canada Inc. is a paid client of Stockhouse Publishing.


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