Articles from PyroGenesis Inc.
PyroGenesis Provides Update on Impact of Potential U.S. Tariffs
The Company expects to be relatively unaffected by U.S. tariffs.Remains encouraged by key campaign promises to boost industrial innovation and accelerate capital projects and energy grid growth.
By PyroGenesis Inc. · Via GlobeNewswire · February 4, 2025
PyroGenesis’ Contract with Varennes Carbon Recycling Plant Project Increases to $3.6 million.
Expands Involvement in Major Quebec Biofuel Project with Additional $1.1 Million Contract
By PyroGenesis Inc. · Via GlobeNewswire · February 3, 2025
PyroGenesis Announces Warrant Repricing
MONTREAL, Jan. 31, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, announced today that up to 1,710,350 common share purchase warrants (the “Warrants”) will be amended. Of the 1,710,350 Warrants, 1,520,350 Warrants currently have an exercise price of $0.75 and 190,000 Warrants currently have an exercise price of $1.25. The Warrants will expire on March 7, 2025. Commencing on February 17, 2025, the exercise price of the Warrants held by holders wishing to participate in this repricing will be reduced to $0.60 per share. The warrant certificates will also be amended to reflect the recent change in PyroGenesis’ corporate name and address. All other terms of the Warrants will remain unchanged. The implementation of the repricing and amendments remain subject to the finalization of the documentation with the applicable holders of Warrants.
By PyroGenesis Inc. · Via GlobeNewswire · January 31, 2025
PyroGenesis Signs $2.5 Million Contract with Global Environmental Services Company
First payment of $400,000 received
By PyroGenesis Inc. · Via GlobeNewswire · January 27, 2025
PyroGenesis Receives European Patent for the Destruction of Ozone-Depleting Substances with High Power Steam Plasma Torch System
Separately: Secures $234K Plasma Torch Contract for Methane Conversion
By PyroGenesis Inc. · Via GlobeNewswire · January 23, 2025
PyroGenesis Receives $1.04 Million Project Milestone Payment Under Existing $4.1 Million Contract for 4.5MW Plasma Torch with Aeronautics and Defense Client
The Company also recently signed a second contract with this client for a $27 million hyper-powered 20MW plasma torch.
By PyroGenesis Inc. · Via GlobeNewswire · January 21, 2025
PyroGenesis Receives $1.85 Million Payment Under Existing Drosrite™ Contract with Saudi Client
MONTREAL, Jan. 20, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, announces the receipt of a US$1.28 million (CA$1.85 million) payment representing a portion of an outstanding receivable under PyroGenesis’ existing CA$25+ million Drosrite™ contract with Radian Oil and Gas Services Company.
By PyroGenesis Inc. · Via GlobeNewswire · January 20, 2025
PyroGenesis Announces Debt-to-Equity Conversion of Client Receivable
PyroGenesis to receive 17,968,873 units comprised of one common share plus one common share purchase warrant from HPQ Silicon Inc.
By PyroGenesis Inc. · Via GlobeNewswire · December 19, 2024
PyroGenesis Plasma-Based Solution Achieves Successful Destruction of PFAS “Forever Chemicals”
Success opens door for PyroGenesis’ role in global PFAS treatment
By PyroGenesis Inc. · Via GlobeNewswire · December 3, 2024
PyroGenesis Receives $2.8 Million Payment Under Existing Drosrite™ Contract with Saudi Client
MONTREAL, Nov. 26, 2024 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, announces the receipt of a US$2 million (CA$2.8 million) payment representing a portion of an outstanding receivable under PyroGenesis’ existing CA$25+ million Drosrite™ contract with Radian Oil and Gas Services Company.
By PyroGenesis Inc. · Via GlobeNewswire · November 26, 2024
PyroGenesis Anticipates Positive Economic Impact from Incoming Administration in the U.S.
Company is encouraged by key campaign promises that will boost industrial innovation and accelerate capital projects and energy grid growth
By PyroGenesis Inc. · Via GlobeNewswire · November 20, 2024
PyroGenesis Signs Initial Energy Transition Contract with One of the Largest Multinational Steel Manufacturers
Goal is to consider plasma use in steel production process
By PyroGenesis Inc. · Via GlobeNewswire · November 19, 2024
PyroGenesis Announces Corporate Name Change
Corporate headquarters move to larger downtown Montreal location
By PyroGenesis Inc. · Via GlobeNewswire · November 12, 2024