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PyroGenesis Canada Inc

PyroGenesis Canada CEO says recent deals have contributed to increased valuation

PyroGenesis Canada Inc (TSX-V:PYR) (OTCQB:PYRNF) CEO Peter Pascali tells Proactive Investors the Montreal-based company that specializes in developing and selling hot ionized gas called plasma is expecting a nearly US$13 million order from US military.

Pascali says while the stock has doubled from $0.30 per share a year ago, he expects current and upcoming deals to increase value further, expecting the majority of its revenue in the long-term to come from deals with mining and 3D-printing companies.

Quick facts: PyroGenesis Canada Inc

Price: $0.48

Market: TSX-V
Market Cap: $67.02 m
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Pyrogenesis Canada secures C$3.6M order for a waste-treatment system

Pyrogenesis Canada Inc (CVE:PYR) (OTCQB:PYRNF) CEO Peter Pascali tells Proactive Investors the plasma technology company has received a C$3.6 million purchase order for a non-military and land-based client to utilize its waste-treatment system. Pascali says this is the company's first...

on 20/6/19

2 min read