leadf
logo-loader
viewPyroGenesis Canada Inc.

PyroGenesis Canada makes gains on receiving first payment of $25M aluminum processing contract

PyroGenesis Canada Inc (CVE:PYR) (OTCMKTS:PYRNF) CEO Peter Pascali tells Proactive the Montreal-based company received the first payment of roughly C$1.4 million from its client Drosrite International LLC.

Pascali says the payment kicks off a deal which licenses PyroGenesis to manufacture and sell aluminum dross processing DROSRITE systems and technology to Saudi Arabia and other Middle Eastern countries.

Quick facts: PyroGenesis Canada Inc.

Price: 3.87 CAD

TSX-V:PYR
Market: TSX-V
Market Cap: $577.2 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of PyroGenesis Canada Inc. named herein, including the promotion by the Company of PyroGenesis Canada Inc. in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

PyroGenesis Canada increases backlog to $40M with new $11.5M US Navy...

PyroGenesis Canada Inc (CVE:PYR) (OTCQB:PYRNF) CEO Peter Pascali tells Proactive the group has won a $11.5 million contract with the US Navy, increasing its contract backlog to $40M. Pascali says the company said it will provide its waste destruction technology for two systems -- one for each...

2 weeks, 1 day ago

2 min read