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

Published: 15:20 11 Nov 2020 EST

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.

PyroGenesis Canada completes successful Silicon pour validating all critical...

PyroGenesis Canada Vice President of Corporate Affairs Steve McCormick joined Steve Darling from Proactive regarding the company's milestone achievement in its collaboration with HPQ Silicon. McCormick reported that PyroGenesis Canada's engineering teams have successfully completed a significant...

on 12/10/23