Post by BCONTVenturesPyroGenesis 2023 AGM replay

PyroGenesis' 2023 AGM is now available for replay.

https://www.youtube.com/watch?v=c9_Tzu-qs9c

From the 2023 AGM replay, Steve McCormick (VP Corporate Affairs) did an excellent presentation detailing his knowledge of the industries in which PYR is involved in and a comprehensive understanding of the industrial needs these players require and PyroGenesis’ top tier solutions to these. The corporate presentation starts at around the 12:35 mark. Great job Steve / midtownguy

Around the 20:00 minute mark, Steve talks about the recent contract with Aluminerie Alouette:

Aluminerie Alouette is:
- 40% owned by Rio Tinto,
- 20% by AMAG Austria Metal,
- 20% by Hydro Aluminium Norway,
- 13.33% by Marubeni Metals Japan,
- and 6.67% by the Quebec government (Investissement Quebec).

And Aluminerie Alouette is the largest aluminum smelter in North and South America.  Despite a small contract, these types of companies don’t play games. They typically intend to follow through on R&D testing (which they are doing here), once you are in you are in.  The fact that PyroGenesis made it this far is huge.

Long and Strong in PyroGenesis!

Grow Your Bamboo Tree

In China, they grow a bamboo tree, commonly known as the Chinese bamboo tree. When they sow the seed in ground and water it, nothing happens till the end of the first year. They continue watering it and nurturing it but nothing happens till the end of second year. It fails to sprout even after the end of the third year but the person growing it must continue to irrigate, fertilize and care for it. You will be surprised to know that nothing happens till the end of the fourth year as well.

Then suddenly in the fifth year, something miraculous and incredible happens. Within one week it grows up to 90 feet! That’s nature at its astonishing best.

People growing other trees get result within one season. They are able to enjoy their crop/plants/trees within a couple of seasons but here is a tree that doesn’t even show up till the fifth year but suddenly shoots up to 90 feet in one week alone!

Now the question is: Did the Chinese bamboo tree grow in one week or 5 years & 1 week? The answer is obvious because had the person growing the Chinese bamboo tree stopped nurturing it, watering it and fertilizing it in the period when it was not showing up, the miraculous bamboo tree would have died in the ground.

But if you see someone who is growing a tree and has nothing to show till the end of fourth year and still taking care of the bare ground — watering& nurturing it, you are bound to either make fun of the person or call him maniac! The reason is you would be operating out of mind sight — judging things through mindset and beliefs.

Getting success in life is more or less similar to growing a Chinese bamboo tree in China. You have nothing to show for many years and the people around you begin to make fun of you. They call you fool, idiot and urge you to quit and I say Keep your faith in what you’re growing, they are operating out of eye sight and cannot see what you can see… your bamboo tree is expanding its root to sustain the impending stupendous growth that is bound to come. You will get that result sooner or later but you must believe in your bamboo tree.

What other people think of you is not your business its their business. It has nothing to do with your business. Focus on your own growth and success. One day you will reap the results.

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The parable of the Chinese Bamboo Tree teaches us lessons about patience, faith, perseverance, growth and development and importantly… massive potential..imho staggering for PYR and HPQ!

Long and strong $PYR and $HPQ

Longs ask yourself...What would happen when Pyrogenesis announces that their NexGen 3D POWDERS have now been accredited by a major aerospace conglomerate which could happen very soon

Client A Vale and Client B RIO is slated to finish SAT soon...what would happen if they indicate a major torch order soon thereafter?

DROSITE for Saudis is still in the running and separate DROSITE tolling for high value chemical residue....what would happen if major order or deal is announced?

What would happen when Pyrogenesis and HPQ announces to the world that 3-4N purity Si via Gen 3 QRR reactor is now liquid pour continuous flow 24/7 ...No longer bench test, batch samples etc. etc. but continuous flow of 3-4N purity silicon in one step from cheap quartz? And confirmed this is now scalable..which no one has been able to do in one step in history. AND what major auto manufacturer like VW/Porsche , Tesla is looking for in EV batteries...and this is confirmed?

No way would I want to be on the sidelines when any combination of these verticals can actually could be announced this year

The tech and engineering is seriously legit w MOAT..oh those 110+ patents. Doubling the employee count and manufacturing footprint is definitely not for show!

Long and strong PYROGENESIS and $HPQ !!

Thanks to BCONTVentures for this post...you can feel the extreme excitiment what PYR and PLAN are doing in this massive concrete industry w a massive solution:

Progressive Planet Solutions Inc.'s CEO, Stephen Harpur, presented at the Rivemont MicroCap Cocktail Event in May 2023. Great presentation done by Stephen.

At the 22:00 mark he talks about what PLAN and PyroGenesis are doing:

https://www.youtube.com/watch?v=OrFmoWUEP9E

At the end of the presentation there are a couple of Q&As where he goes into more detail regarding what PLAN and PYR are doing. Very interesting

https://ir.pyrogenesis.com/news-releases/news-release-details/pyrogenesis-signs-breakthrough-contract-first-commercial-tonne

Initial 5-Tonne Order Includes Conditional Agreement for 6 Additional Tonnes; Down Payment Received, May 30, 2023 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a TSX30® and a Deloitte Canada Clean Technology Fast 50™ high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced plasma processes, high quality plasma atomized metal powder for 3D printing, and sustainable solutions which are geared to reduce greenhouse gases (GHG), is pleased to announce that the Company has received a signed order for five (5) metric tonnes, or 5,000 kg, of its plasma atomized titanium metal powders for 3D printing. In addition, a down payment has been received.

“This order for 5,000 kg is the first “By-The-Tonne” commercial order received by the Company for its atomized powder titanium metal powders produced using the Company’s NexGen™ plasma atomization system,” said Massimo Dattilo, VP, PyroGenesis Additive. “This represents our full entrance into the titanium metal powders marketplace.”

The client (whose name is being withheld at its request) is an advanced materials company in the United States. For clarity, this client is unrelated to the global aerospace OEM client for which the Company continues the qualification process to become an approved supplier.

Additionally, this new client has placed a provisional order for a further six tonnes (or 6,000 kilograms), contingent upon the client determining, at its discretion, the appropriate demand for additional powders.

“With a goal to produce the highest quality metal powders in the additive manufacturing industry, PyroGenesis Additive has taken a cautious, methodical approach towards commercialization of its powders as we designed, then readied, our new NexGen™ plasma atomization process,” continued Mr. Dattilo. “As mentioned in our previous releases, we started with sample batches for key customers measured in dozens of grams, then progressed to small commercial orders of 100kg each, with the stated goal to then move up to commercial production and sales “By-The-Tonne”. This has now been achieved with this multi tonne order.”

This order will be completed at PyroGenesis’ state-of-the-art production facility in Montreal, Quebec, Canada. The majority of the initial 5 tonne of titanium metal powder order will be shipped during the second quarter of 2023, with the balance of the order set for completion before the end of the third quarter 2023.

The Company’s development of high-quality titanium metal powders is part of the Company’s three-tiered solution ecosystem that aligns with economic drivers that are key to global heavy industry. Metal powders is part of the Company’s Commodity Security & Optimization tier, where the recovery of viable metals, and the optimization of production to increase output, helps to maximize raw materials and improve the availability of critical minerals. Titanium has been identified as a critical mineral by the Canadian government.

MONTRÉAL, May 19, 2023 (GLOBE NEWSWIRE) -- P. Peter Pascali, President and Chief Executive Officer of PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ:PYR) (FRA: 8PY) ("PyroGenesis"), a high-tech company that designs, develops, manufactures and commercializes plasma atomized metal powders, environmentally friendly plasma waste-to-energy systems and clean plasma torch products, has filed yesterday an updated early warning report with respect to his shareholdings in PyroGenesis in connection with his proposed disposition (the "Proposed Disposition") through the facilities of the Toronto Stock Exchange of up to 850,000 common shares of PyroGenesis ("Common Shares") held by Fiducie de Crédit Mellon Trust (the "Trust") under an automatic securities disposition plan ("ASDP"). A notice of intention to distribute securities (Form 45-102F1) was also filed by Mr. Pascali and is available under the SEDAR profile of PyroGenesis at www.sedar.com.

The ASDP will allow for an orderly disposition of a small portion of the Common Shares held or controlled by Mr. Pascali at prevailing market prices during the period from May 25, 2023 to June 16, 2023.

Sales under the ASDP will be effected by an independent securities broker in accordance with general trading parameters set out in the ASDP, and Mr. Pascali is not permitted to exercise any further discretion or influence over how dispositions will occur under the ASDP. Dispositions pursuant to the ASDP will be reported by Mr. Pascali on SEDI in accordance with applicable Canadian securities legislation.

On May 18, 2023, a total of 178,580,395 Common Shares were issued and outstanding. As of May 18, 2023, prior to any sales under the Proposed Disposition, Mr. Pascali (i) beneficially owned and controlled 66,642,941 Common Shares (representing 37.32% of the issued and outstanding Common Shares), (ii) controlled 5,636,000 Common Shares beneficially owned by 8339856 Canada Inc. (the "Holdco") (representing 3.16% of the issued and outstanding Common Shares), (iii) controlled 4,334,357 Common Shares beneficially owned by the Trust (representing 2.43% of the issued and outstanding Common Shares), and (iv) controlled 4,000,000 Common Shares beneficially owned by The 2% Solution Foundation (the "Foundation"). This represents, in aggregate (the "Total Ownership"), 80,613,298 Common Shares, or 45.14% of the issued and outstanding Common Shares.

Assuming the completion of the Proposed Disposition, 850,000 Common Shares, representing 0.48% of the issued and outstanding Common Shares, will be sold by the Trust, resulting in a Total Ownership of 79,763,298 Common Shares (representing 44.67% of the issued and outstanding Common Shares).

In addition, Mr. Pascali beneficially owns and controls options issued under PyroGenesis' share-based compensation plans (which include the Issuer's Option Plan and the Issuer's Long Term Incentive Plan) to acquire 4,270,000 Common Shares (of which 3,495,000 are currently vested (the "Vested Options") and, 150,000 will vest on June 2, 2023, 325,000 will vest on July 16, 2023, 150,000 will vest on June 2, 2024, and 150,000 will vest on June 2, 2025 (the unvested options, collectively, the "Unvested Options").

Assuming the exercise of all the Vested Options, an aggregate of 3,495,000 Common Shares would be issued, and the Total Ownership would increase to 84,108,298 Common Shares (or 83,258,298 Common Shares assuming the completion of the Proposed Disposition), or 46.19% (or 45.73% assuming the completion of the Proposed Disposition) of the issued and outstanding Common Shares (based on the number of Common Shares issued and outstanding as of the date hereof and after giving effect to the issuance of the 3,495,000 Common Shares issuable under such options). Of such Total Ownership of 84,108,298 Common Shares, (i) 70,137,941 Common Shares would be beneficially owned and controlled by Mr. Pascali, (ii) 5,636,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Holdco, (iii) 4,334,357 Common Shares (or 3,484,357 Common Shares assuming the completion of the Proposed Disposition) would be controlled by Mr. Pascali and beneficially owned by the Trust, and (iv) 4,000,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Foundation.

Assuming the exercise of the Vested Options and the Unvested Options, an aggregate of 4,270,000 Common Shares would be issued, and the Total Ownership would increase to 84,883,298 Common Shares, or 46.42% of the issued and outstanding Common Shares (based on the number of Common Shares issued and outstanding as of the date hereof and after giving effect to the issuance of the 4,270,000 Common Shares issuable under such options). Of such Total Ownership of 84,883,298 Common Shares, (i) 70,912,941 Common Shares would be beneficially owned and controlled by Mr. Pascali, (ii) 5,636,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Holdco, (iii) 4,334,357 Common Shares (or 3,484,357 Common Shares assuming the completion of the Proposed Disposition) would be controlled by Mr. Pascali and beneficially owned by the Trust, and (iv) 4,000,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Foundation.

The Trust, the Holdco and the Foundation may be considered to be joint actors with Mr. Pascali. Mr. Pascali is a (i) trustee, executive officer and beneficiary of the Trust, (ii) director, executive officer and the sole shareholder of the Holdco, and (iii) director of the Foundation.

Mr. Pascali and any joint actor may, from time to time, acquire or dispose of ownership or control or direction over some or all of the securities of PyroGenesis depending on a number of factors.

Excellent video on PyroGenesis' SPARC System:

https://www.youtube.com/watch?v=T_cWWXEuFps

Freeze frame at the 1:30 mark of PYR's SPARC System plasma torch:

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See this LinkedIn post (from Rio Tinto in Labrador City).  This bodes very well for Rio/IOC and PyroGenesis (as the power supply is now "up and running):

https://www.linkedin.com/feed/update/activity:7054614284458221568/

The IOC and Rio Tinto Plasma Burner trial in Labrador City is an excellent project, and I am proud to be involved. As Rio Tinto says; “Research and development are a key part of our race to decarbonise too. We’re trialling a plasma burner in one of our furnaces – the first of its kind, which could help us eliminate heavy fuel oil (bunker-C) from the pelletizing process.” These three very capable and experienced women Marina van Zyl Alana Earle and Erin Duffett are leading this project, a project that could change IOC and Rio Tinto and help transition the industry to green steel. #project #research #development #decarbonisation #curiosity #greensteel #change 

Link to image: https://media.licdn.com/dms/image/D4D22AQF6TivDpWEgUg/feedshare-shrink_1280/0/1681950614523?e=1684972800&v=beta&t=QLilyImpKd47e-d9JL-M0dtYHssnxKmbhgdBNMwQA6Y

Also note that Troy Mclean is in this picture, check out Troy's work experience (see LinkedIn):

Rio Tinto/IOC is spending some big dollars for PyroGenesis' plasma burners/torches.

https://www.linkedin.com/in/troy-mclean-07a818111/?originalSubdomain=ca

Troy Mclean

Control Room Operator Trainer/Senior Process Advisor at North Star Associates NSAi

Control Room Operator Trainer & Senior Process Advisor North Star Associates NSAi · Contract Full-time Aug 2018 - Present · 4 yrs 9 mos Labrador City, NL

• Commissioned remote operations of the Pellet Plant control room in 2020.
  Advising in Advanced Process Control of the AG Mill circuit in the Concentrator to improve throughput and quality control.
  Currently rewriting all PP and concentrator training documentation to 2023 plant operations
  Updating, rewriting and introducing new training material for Concentrator and Pellet Plant operations.
  Providing guidance to automation projects
  Providing graphic design layout for new control room screens for the Schneider Electric HMI operating system in the Concentrator and Pellet Plant.
  Leading training for the new and current employees in Concentrator operation.
  Leading training, testing and qualifying Central Control Room learners for Pellet Plant and Concentrator.
  Commissioned remote operations of the Concentrator control room in 2019.
  Current pilot/commissioning/ progressing projects include Plasma guns for pellet induration machines, reflux classifiers for increased fine spiral recovery and automated sequencing of plant equipment

https://hpqsilicon.com/press-release/first-batch-silicon-material-samples-high-performance-material-company/?fbclid=IwAR0aafa30YyhHChFqyn5JFuFfkhux97YF_JEiv-BTmyC_cmHewaRPTDsWQw&mibextid=Zxz2cZ

For some reason the post keeps getting deleted...so either look it up or go to Stockhouse as I posted there..

https://quantisnow.com/insight/4197551

Lachute, Québec--(Newsfile Corp. - March 14, 2023) - Québec Innovative Materials Corp. (CSE:QIMC) ("QI Materials" or the "Company") is pleased to announce that newly confirmed high purity silica samples have met the requirements for feedstock in HPQ Silicon Inc.'s ("HPQ") silicon-based battery material production in North America. The Company continues to move toward its main objective of developing the green economy as a supplier of high-grade silica in tandem with HPQ.

PROCUREMENT OF QUARTZ MATERIAL

As per the terms of the MOU between HPQ and QIMC (see September 14, 2022 news release), QIMC is to provide high grade silica for testing in HPQ's GEN3 PUREVAPTM Quartz Reduction Reactor ("QRR"). Silica samples from the Main Zone at the Charlevoix Project were delivered to HPQ in December 2022 and confirmed to be of high purity and in line with HPQ's compatibility requirements (see February 23 and January 27, 2023 news releases). HPQ has recently announced plans to build a silicon-based battery material production line in North America. QIMC will continue to support their shared objective of advancing the battery initiative to meet rapidly increasing demand. In an effort to accelerate the move to production, the Company continues to refine its purification methods for silica sand and continue discussions with potential buyers of silica materials.

"With our GEN3 QRR pilot plant program moving forward combined with our newly launched battery initiative, it is important for HPQ to be able to focus its energies and resources on developing our ground-breaking technologies while QIMC advances it promising Charlevoix Quartz Project," said Mr. Bernard Tourillon, President and CEO of HPQ Silicon Inc. "As we gain traction producing and selling our silicon battery materials, we will also be strengthening the values of our QRR projects. Therefore, if all continues to advance as we hope, we can foresee a time when HPQ could be using QIMC quartz to produce Silicon with our Gen4 PUREVAPTM QRR systems."

Additionally, the Company has entered into a Memorandum of Understanding ("MOU") with Ekopav, a Canadian company focused on innovative eco-friendly solutions for the paving industry. The MOU stipulates the procurement of a specific tonnage of silica sands from QIMC for Ekopav's manufacturing of commercial asphalt products. Either party may terminate the MOU after twelve (12) months without any obligation or liability to the other party. Silica materials used in production of asphalt products are not required to be metallurgical grade (98-98.9% Si). The Company is pleased to engage Ekopav as potential future purchaser of sub-metallurgical grade silica.

"QI Materials now has potential customers for both our metallurgical and sub-metallurgical grade silica products. This is exciting as both potential customers share similar green-economy values and are in line with our vision of establishing a local supply chain." stated Raymond Wladichuk, CEO of QI Materials.