MONTREAL, Nov 18, 2020 (GLOBE NEWSWIRE) – PyroGenesis Canada Inc. (http://www.pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high technology company ( the “Company”, the Company or “PyroGenesis”) which designs, develops, manufactures and markets plasma atomized metal powders, waste plasma energy recovery systems and plasma torches, is pleased to announce that it received final approval from the Toronto Stock Exchange (TSX) to graduate from the TSX Venture Exchange (TSXV) and list its common stock (common stock) on the TSX.
The common shares of Companys will be listed on the TSX at the opening of markets on Friday, November 20, 2020 under its current trading symbol PYR. In connection with the listing of the Common Shares on the TSX, the last trading day on the TSXV will be Thursday, November 19, 2020 and the Common Shares will be delisted from the TSXV upon commencement of trading on the TSX. Shareholders will not be required to take any steps with respect to graduation and listing on the TSX.
It is indeed a pleasure to be able to announce today that PyroGenesis is listed on the most senior exchange in Canada, the TSX, this Friday. We are very happy to announce this important achievement for PyroGenesis which confirms our development and growth as a company. I want to take this opportunity to thank the PyroGenesis team, as well as the professionals who guided us; in particular our legal advisers, said Mr. Peter Pascali, CEO and President of PyroGenesis. We would also like to thank TSXV for providing us with the platform to become the company we are today and to attract solid stability of investors. It is important to recognize that a platform, be it TSXV or TSX, is only part of the equation. The PyroGenesis team, the technologies, as well as the solid business base and business relationships we have developed while on TSXV are well suited for this graduation.
We look forward to this increase and the additional credibility the Company will gain by trading on Canada’s largest stock exchange, which is also one of the largest in North America.1added Ms. Rodayna Kafal, VP IR & Comms. and director of PyroGenesis. We anticipate that this step will bring PyroGenesis greater market visibility and access to a wider and more diverse range of international and institutional investors.
About PyroGenesis Canada Inc
PyroGenesis Canada Inc., a high technology company, is a leader in the design, development, manufacture and marketing of advanced plasma processes and products. The Company provides its customers in the defense, metallurgy, mining, advanced materials (including 3D printing) and environment sectors with its expertise in engineering and manufacturing and its equipment packages. of turnkey processes. With a team of engineers, scientists and experienced technicians working from its Montreal office and its 3800 m2 manufacturing plant, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Companys core competencies enable PyroGenesis to provide innovative plasma torches, waste plasma processes, high temperature metallurgical processes and engineering services to the global market. PyroGenesis operations are ISO 9001: 2015 and AS9100D certified. For more information, please visit www.pyrogenesis.com.
This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “have l ‘intention’, ‘expect’, ‘pending’ and other similar expressions which constitute ‘forward-looking information’ within the meaning of applicable securities laws. Forward-looking statements reflect the current expectations and assumptions of the company and are a number of risks and uncertainties which could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties, including, but not limited to our expectations regarding market acceptance of our products, our strategy to develop new products and improve the capabilities of existing products, our strategy in research and development, the impact of competitive products and prices, the development of new products and the uncertainties associated with the regulatory approval process. These statements reflect the Company’s current beliefs with respect to future events and are subject to certain risks and uncertainties and other risks. detailed from time to time in the Company’s ongoing filings with securities regulators, which documents can be viewed at www.sedar.com, or to www.otcmarkets.com. Actual results, events and performance may differ significantly. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company assumes no obligation to publicly update or revise forward-looking statements as a result of new information, future events or otherwise, except as required by applicable securities laws.. Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTCQB accepts responsibility for the adequacy or accuracy of this release. Press..
SOURCE PyroGenesis Canada Inc.
For more information, please contact:
Rodayna Kafal, Vice President, IR / Comms. and strategic comics
Phone: (514) 937-0002, Email: [email protected]
RELATED LINK: http://www.pyrogenesis.com/
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