PyroGenesis Inc. addresses an online post made by a board member regarding the Company’s non-brokered private placement. The post contained incorrect information, stating an oversubscription of $7.5-$8.0 million, which is not formally confirmed. PyroGenesis clarifies that the private placement is not officially oversubscribed as of now and the first tranche is expected to be completed soon. The Company emphasizes its commitment to timely disclosure and corporate governance. PyroGenesis leverages 30 years of plasma technology leadership to provide engineering solutions to various industries and government sectors.

For more information, contact [email protected] or visit http://www.pyrogenesis.com.

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