PyroGenesis CEO Pascali plans up to $2 million private placement at $0.34 per unit

PyroGenesis Canada

PyroGenesis Canada

PYR

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  • PyroGenesis announced a non-brokered private placement of units priced at CAD 0.34 for expected gross proceeds of up to CAD 2 million, to be subscribed solely by President and CEO P. Peter Pascali.
  • Each unit includes one common share, one warrant exercisable at CAD 0.42; the CEO warrants expire 24 months from closing.
  • The private placement is expected to close around June 3, 2026, alongside a separate CAD 3 million bought-deal LIFE offering.
  • Net proceeds are earmarked for working capital, contract execution, and backlog advancement.
  • Units issued in the private placement will be subject to a four-month hold period under Canadian securities laws.


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