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PyroGenesis Announces Extension to Term of Warrants
Globenewswireยท2025-06-09 13:53

Core Points - PyroGenesis Inc. announced amendments to up to 1,581,250 common share purchase warrants, extending the expiration date from July 22, 2025, to November 18, 2025, for holders wishing to participate in the proposal [1] - The exercise price of the Warrants remains at $1.20, and the amendments are subject to finalization with the applicable holders [1][2] - The company has received approval for these amendments from the Toronto Stock Exchange, and the net proceeds from the exercise of the Warrants will be used for general corporate purposes [2] Company Overview - PyroGenesis is a high-tech company specializing in advanced plasma processes and sustainable solutions aimed at reducing greenhouse gas emissions and providing alternatives to conventional processes [3] - The company has developed proprietary plasma technologies that are being adopted by major industry players in sectors such as iron ore pelletization, aluminum, waste management, and additive manufacturing [3] - PyroGenesis operates ISO 9001:2015 and AS9100D certified facilities in Montreal, maintaining a competitive edge in technology development and commercialization [3]