Workflow
HPQ Silicon has Submitted Response Letter to the Autorité des Marchés Financiers (AMF)
HPHP(US:HPQ) Globenewswire·2025-05-06 13:24

Core Points - HPQ Silicon Inc. has filed a formal response to the Autorité des marchés financiers (AMF) regarding clarification requests, which is a significant step towards lifting the Temporary Cease Trade Order (CTO) [1] - The company confirms that there are no ongoing proceedings against it and that all material information has been disclosed [2] - An amendment to the shareholders' agreement with Novacium has been signed, increasing monthly payments from €80,000 to €100,000 effective July 1, 2025 [3] Company Overview - HPQ Silicon Inc. is a Quebec-based TSX Venture Exchange Tier 1 Industrial Issuer focused on developing green processes for critical materials to achieve net zero emissions [4] - The company is collaborating with technology partners PyroGenesis Canada Inc. and NOVACIUM SAS to advance its initiatives [4] Strategic Initiatives - The company aims to become a low-cost manufacturer of Fumed Silica using its proprietary FUMED SILICA REACTOR technology [6] - HPQ Silicon is working on producing silicon-based anode materials for battery applications with NOVACIUM SAS [6] - The company is developing a low carbon, chemical-based hydrogen production system through its affiliate NOVACIUM SAS [6] - HPQ Silicon is also focused on transforming black aluminium dross into a valuable resource [6] - The company plans to produce High Purity Silicon (2N+ to 4N) with zero CO2 emissions using its PUREVAP "Quartz Reduction Reactors" technology [6]