MONTREAL, July 11, 2025 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company driving innovation in advanced materials and critical process development, is pleased to announce it has closed yesterday the Non-Brokered Private placement financing first announced on May 29, 2025. In addition to the 3,158,000 units announced on June 19, 2025, the company announces the closing of additional 1,886,331 units at a price of $ 0.18 per unit for a gros ...

MONTREAL, July 03, 2025 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company driving innovation in advanced materials and critical process development, is pleased to inform shareholders that it has received new results from a leading global fumed silica manufacturer (“LGFSM”) regarding the evaluation of materials produced during Phase 1 Test #5. Milestones: First Production of Material under Semi-Continuous Feedstock Feeding Protocol Techno ...

Core Viewpoint - HPQ Silicon Inc. has successfully closed a non-brokered private placement financing, raising a total of $568,440 through the issuance of 3,158,000 units at a price of $0.18 per unit, which demonstrates strong interest in the company's value proposition despite challenging market conditions [1][3]. Financing Details - Each unit in the private placement consists of one common share and one common share purchase warrant, with the warrants allowing the purchase of additional shares at an exercise price of $0.25 for a period of 48 months [2]. - The financing includes a mandatory holding period of four months and one day from the closing date for the shares issued [2]. Management Participation - Bernard Tourillon, the President and CEO, subscribed for 1,112,000 units, resulting in his beneficial ownership of 21,052,041 shares, which represents 4.97% of the company's outstanding shares [3]. - Noëlle Drapeau, the Corporate Secretary and a Director, subscribed for 150,000 units, bringing her total beneficial ownership to 1,201,500 shares, or 0.28% of the outstanding shares [4]. Related Party Transactions - The participation of Mr. Tourillon and Mrs. Drapeau in the private placement is classified as a related party transaction, and the company is relying on exemptions for formal valuation and minority shareholder approval as the subscribed amount does not exceed 25% of the company's market capitalization [5]. Debt Settlement - HPQ has completed a debt settlement by issuing 565,000 units at a price of $0.18 per unit, settling outstanding invoices totaling $101,700. Each unit consists of one common share and one common share purchase warrant, similar to the private placement [7].