PyroGenesis targets $2 million CEO private placement alongside bought deal offering

PyroGenesis Canada

PyroGenesis Canada

PYR

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  • PyroGenesis announced a non-brokered private placement of units for up to CAD 2 million, expected to be subscribed solely by President and CEO P. Peter Pascali.
  • Units are priced at CAD 0.34, each consisting of one common share, one warrant exercisable at CAD 0.42.
  • Warrants issued to Pascali in the private placement are set to expire 24 months from closing.
  • Closing is targeted for on or about June 3, 2026, subject to required regulatory approvals, including the TSX.
  • Net proceeds are slated for working capital, contract execution, and backlog advancement.


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