viewPyroGenesis Canada Inc.

PyroGenesis raises more than $12M in bought-deal equity offering as part of plan to list on the TSX

PyroGenesis Canada Inc (CVE:PYR) (OTCQB:PYRNF) CEO Peter Pascali tells Proactive it has closed its previously-announced, bought-deal equity offering, in which it issued 3,354,550 units of the company at a price of $3.60 per unit for total gross proceeds of $12,076,380.

The move to raise capital is part of the group's plan to list on the TSX, an upgrade from the TSXV, in an effort to broaden the group's appeal to a larger shareholder base while at the same time raising the company’s profile in the investment community.

Quick facts: PyroGenesis Canada Inc.

Price: 9.13 CAD

Market: TSX
Market Cap: $1.45 billion

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PyroGenesis Canada gives revenue guidance that more than doubles full year...

PyroGenesis Canada Inc (TSX:PYR) (OTCQB:PYRNF) (FRA:8PY) CEO Peter Pascali tells Proactive the high-tech plasma focused group expects to see an uplift in revenue and earnings per share in its fourth quarter to December 31 and for full-year 2020. Pascali says the group said it expects revenue...

on 19/1/21

2 min read