MONTREAL, Feb. 26, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis” or “the Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces today the successful results of a primary testing campaign with a leading battery recycler. As announced previously (press release dated December 11, 2025), PyroGenesis signed a contract with a company engaged in large-scale bat ...

Core Viewpoint - HPQ Silicon Inc. has successfully completed a non-brokered private placement, raising approximately $3 million CAD through the issuance of 18,181,819 units at a price of $0.165 CAD per unit, indicating strong institutional investor support [1][2]. Group 1: Offering Details - The private placement consists of units, each comprising one common share and one non-transferable common share purchase warrant, with warrants exercisable at $0.25 CAD for 24 months post-closing [3]. - The offering is expected to close around February 27, 2026, pending necessary approvals from the TSX Venture Exchange [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for general working capital, accelerating the execution of the Silicon-Based Battery Material pilot plant project, and continuing the development of hydrogen-based projects [4]. Group 3: Company Overview - HPQ Silicon Inc. is focused on advanced materials technology, particularly in the production of high-purity silicon and silica for energy storage and industrial applications [1][5]. - The company is collaborating with Novacium to develop next-generation silicon-based anode materials and is also working on clean-hydrogen and waste-to-energy technologies [5][6]. - HPQ aims to become a low-cost, zero-CO₂ producer of fumed silica and high-purity silicon, positioning itself to capture growth opportunities in energy storage and clean hydrogen markets [6].

MONTREAL, Feb. 23, 2026 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), an advanced materials technology company developing innovative, low-emission processes for the production of high-purity silicon and silica used in energy storage, electronics, and industrial applications, is pleased to announce a non-brokered private placement (the “Offering”) of up to 18,181,819 units (each, a “Unit”) at a price of $0.165 CAD per Unit for agg ...

European client will utilize PyroGenesis’ titanium powder in electron beam melting applicationsMONTREAL, Feb. 23, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), the leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces today the signing of a contract with a Scientific Aerospace Research Organization for the supply of titanium metal powder produced by PyroGenesis’ N ...

Separately, joint venture partner purchases 50 kg of fumed silica for advanced testingMONTREAL, Feb. 19, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis” or “the Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), the leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, confirms receipt of successful results from a US-based independent testing lab. The lab confirmed that the fumed silica produced by the Company’s fume ...

Pilot-Scale Production Achieves Core Specifications Supporting Proposed Joint VentureMONTREAL, Feb. 19, 2026 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company driving innovation in advanced materials and critical process development, announces that its subsidiary, HPQ Silica Polvere Inc. (“HSPI”) [2], has received a first purchase order for 50 kilograms of fumed silica from the strategic industrial partner previo ...

Core Viewpoint - PyroGenesis Inc. is set to build a commercial fumed silica reactor for USD 20 million in collaboration with HPQ Silicon Inc. and a joint venture partner, aiming to produce 1,000 tonnes per year of fumed silica [1][2][3] Company Overview - PyroGenesis is a leader in ultra-high temperature processes and engineering innovation, specializing in plasma-based technology for heavy industry and defense [1][14] - The company has a 35-year history in plasma technology and is involved in various sectors including aluminum, aerospace, and environmental services [14] Joint Venture Details - A non-binding memorandum of understanding (MOU) has been signed to form a joint venture (JV) for the fumed silica production plant [1][2] - The fumed silica reactor (FSR) will be financed by the JV partner, with terms yet to be finalized [2][3] - The JV will operate the system with the goal of selling fumed silica at market prices, and HSPI will charge a royalty for each kilogram sold [3][5] Production and Technology - The FSR will convert quartz into fumed silica in an eco-friendly process without harmful chemicals, expected to be delivered within 12 months of JV formation [6][11] - The technology aims to lower capital and operating costs, reduce CO2 emissions, and simplify logistics by producing fumed silica at a single location [13] Market Context - Fumed silica is widely used in various products, including cosmetics, pharmaceuticals, and construction materials, serving as a thickening and anti-caking agent [12] - The demand for fumed silica is expected to grow, positioning the JV to capture opportunities in the advanced materials market [16]

Core Viewpoint - HPQ Silicon Inc. has signed a non-binding memorandum of understanding (MOU) with a strategic partner to develop a commercial-scale fumed silica production plant with a capacity of 1,000 tonnes per year, valued at approximately US$20 million (C$27.3 million) [1][2]. Company Overview - HPQ Silicon Inc. is focused on innovation in advanced materials and critical process development, with a wholly owned subsidiary, HPQ Silica Polvere Inc. (HSPI) [1][2]. - The company aims to establish a commercial model for fumed silica production that can be replicated across multiple sites as demand increases [5][11]. Project Details - The proposed project involves forming a jointly owned operating company to build and operate the fumed silica facility, which will utilize HSPI's proprietary plasma-based Fumed Silica Reactor (FSR) technology developed by PyroGenesis Inc. [2][4]. - The strategic partner has secured project financing and will fund the construction of the facility [2][3]. Financial Structure - HSPI is expected to receive recurring royalties on each kilogram of fumed silica sold under an offtake arrangement with the strategic partner, although specific terms are yet to be agreed upon [4][5]. - This structure is designed to align the interests of HSPI and HPQ with long-term production performance while maintaining a capital-efficient profile [4][5]. Technical Validation - The completion of final agreements is contingent upon ongoing third-party testing and validation of fumed silica produced by HSPI's existing FSR pilot plant [6][8]. - Production samples have been delivered for testing to both the strategic partner and an independent laboratory in the U.S. to confirm the chemical and compositional characteristics required for commercial applications [6][8]. Market Context - Fumed silica is a critical industrial material used in various applications, including cosmetics, pharmaceuticals, food products, paints, coatings, sealants, and construction materials, due to its role as a thickening, anti-caking, and reinforcing agent [12].

Core Viewpoint - HPQ Silicon Inc. has increased its equity interest in Novacium SAS from 28.4% to 36.8%, reflecting a strategic move to enhance value participation as Novacium's technologies progress towards commercialization [1][5][11]. Transaction Details - The transaction involves HPQ acquiring an additional 8.4% interest in Novacium for a total consideration of C$4,033,425 (€2,500,000) through the issuance of common shares at a deemed price of C$0.18 per share [2][3]. - HPQ will issue a total of 22,407,916 common shares to three shareholders as part of this transaction [3]. Strategic Implications - The increased ownership is seen as a way to enhance HPQ's economic exposure to future upside while maintaining a disciplined investment approach [6][9]. - This move strengthens HPQ's participation in international revenues and royalty flows, particularly important given Novacium's portfolio of interdependent process technologies [7][8]. - The transaction is expected to improve alignment around intellectual property stewardship and commercialization strategy, reducing exposure to fragmented licensing and competing regional priorities [8][9]. Corporate Development Perspective - The increased stake enhances HPQ's flexibility regarding future strategic partnerships and value-realization paths while maintaining a disciplined capital deployment strategy [9]. - Management believes this transaction reduces execution risk by aligning HPQ more closely with Novacium's founders and technical leadership [9]. Technology Portfolio Expansion - Novacium represents a strategically important extension of HPQ's technology portfolio, focusing on multiple high-value platforms including battery materials, hydrogen systems, and circular-economy solutions [10][14]. - The company is developing silicon-based high-performance battery materials and hydrogen generation systems, which align with HPQ's broader energy-transition focus [15][16]. Execution Capabilities - Novacium's technical leadership and execution capabilities are considered key differentiators, allowing HPQ to extend its technical reach without duplicating infrastructure [18][19]. - The collaboration is expected to support execution across battery and hydrogen initiatives, reinforcing a partnership built around shared objectives and long-term value creation [20].

Fumed silica is now confirmed as being commercial grade 150 by multiple labs.MONTREAL, Feb. 03, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis” or “the Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), the leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, confirms, further to a recent press release from the Company’s client HPQ Silicon Inc. (“HPQ”), receipt by the Company of additional independent verification o ...