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PyroGenesis Sells Shares to CEO, Boosts Projects
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PyroGenesis Sells Shares to CEO, Boosts Projects

PyroGenesis Canada (TSE:PYR) has released an update.

PyroGenesis Canada Inc., a company focused on plasma processes and environmental solutions, has sold over 3.7 million shares of HPQ Silicon Inc. to its CEO P. Peter Pascali for approximately $661k, pending TSX approval. This deal is part of ongoing collaborative efforts on innovative projects, like the Fumed Silica Reactor and the PUREVAP Quartz Reduction Reactor, which promise to revolutionize material production in heavy industry. The sale highlights the strong relationship between the two companies and PyroGenesis’s commitment to advancing these technologies.

For further insights into TSE:PYR stock, check out TipRanks’ Stock Analysis page.

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