PyroGenesis reduces exercise prices for warrants, aiming to raise capital

From GlobeNewswire: 2025-01-31 21:00:00

PyroGenesis Inc. announced the amendment of up to 1,710,350 common share purchase warrants, with exercise prices being reduced to $0.60 per share starting February 17, 2025. The warrants will expire on March 7, 2025. The company received approval from the TSX for these changes. None of the warrant holders are insiders of the company. The net proceeds from the exercise of warrants will be used for general corporate purposes.

PyroGenesis Inc. is a high-tech company specializing in advanced plasma processes and sustainable solutions to reduce greenhouse gases. Their shares are publicly traded on the TSX, OTCQX, and Frankfurt Stock Exchange. The company operates out of Montreal with manufacturing facilities and is ISO certified. The forward-looking statements in the press release outline the company’s future plans and expectations. PyroGenesis urges caution when considering these statements and emphasizes the importance of not relying solely on them for investment decisions.



Read more at GlobeNewswire: PyroGenesis Announces Warrant Repricing