Latest news with #HPQSiliconInc
Hamilton Spectator
03-07-2025
- Business
- Hamilton Spectator
HPQ's Latest Pilot Test Delivers Higher-Purity, Higher-Quality Fumed Silica While Validating Semi-Continuous Reactor Operation
MONTREAL, July 03, 2025 (GLOBE NEWSWIRE) — HPQ Silicon Inc. ('HPQ' or the 'Company') (TSX-V: HPQ , OTCQB: HPQFF , FRA: O08 ), a technology company driving innovation in advanced materials and critical process development, is pleased to inform shareholders that it has received new results from a leading global fumed silica manufacturer ('LGFSM') regarding the evaluation of materials produced during Phase 1 Test #5. Milestones: First Production of Material under Semi-Continuous Feedstock Feeding Protocol Technology supplier, PyroGenesis Inc. (TSX: PYR , OTCQX: PYRGF , FRA: 8PY1 ) has informed the Company that, in addition to successfully replicating the production and collection of material in the dedicated product recovery unit (commonly referred to as the 'baghouse'), HPQ Silica Polvere Inc.'s (HSPI)[1] proprietary Fumed Silica Reactor (FSR) pilot plant operated under a semi-continuous feeding approach during Phase 1 Test #5 — two key steps in advancing the FSR toward commercial validation. Significant Improvement Achieved in the Purity and Quality of Fumed Silica Produced Material analysis conducted by the Leading Global Fumed Silica Manufacturer (LGFSM) confirmed several notable improvements in the fumed silica produced during Phase 1 Test #5 compared to Test #4: 'Taken together, the results from Phase 1 tests 4 and 5, along with operational data from the three earlier tests, validate the successful 20-fold scale-up of the Fumed Silica Reactor—from lab to pilot scale, and from batch to semi-continuous production ,' said Bernard Tourillon, President and CEO of HPQ Silicon and HPQ Silica Polvere Inc. ' These results confirm that key material properties can be reliably reproduced and even improved at larger scale, establishing a solid foundation for future process optimization .' Phase 2 Testing to Focus on Advancing Material Surface Area Performance With the successful validation of process replicability at pilot scale, testing is now progressing into Phase 2, which will focus on further improving the material's surface area. The upcoming tests aim to produce fumed silica materials with BET surface areas up to 300 m²/g. 'Having overcome the key technical challenges to reach this Phase 1 completion milestone, we believe the remaining steps—specifically achieving the targeted surface area range with the FSR—are now well within reach,' added Mr. Tourillon. Image 1) Material produced and collected in the baghouse, during Phase 1 Test #5, and sent to the leading global fumed silica manufacturer under the LOI . ' With Phase 1 testing successfully completed, we now look forward to the launch of Phase 2 with great anticipation,' added Mr. Tourillon. REFERENCE SOURCES About HPQ Silicon HPQ Silicon Inc. ( TSX-V: HPQ ) is a Quebec-based TSX Venture Exchange Industrial Issuer. HPQ is a technology company focused on innovation in advanced materials and critical process development. In partnership with world-class technology leaders PyroGenesis Inc. and NOVACIUM SAS —of which HPQ is a shareholder—the company is developing the materials and process technologies essential to achieving net-zero goals. HPQ activities are centred around the following pillars: For more information, please visit HPQ Silicon web site . About PyroGenesis Inc. PyroGenesis, a high-tech company, is a proud leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional 'dirty' processes. PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997. PyroGenesis' shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY). Cautionary Note Regarding Forward-Looking Information This press release contains 'forward-looking information' and 'forward-looking statements' within the meaning of applicable securities legislation (collectively, 'forward-looking statements'), including, but not limited to, statements relating to future financial or operating events or future performance of the Company, and reflecting management's expectations and assumptions regarding the Company's growth, results, performance, and business prospects and opportunities. Such forward-looking statements reflect management's current beliefs and are based on information currently available to it. In some cases, forward-looking statements can be identified by words such as 'aim', 'anticipate', 'aspire', 'attempt', 'believe', 'budget', 'could', 'estimate', 'expect', 'forecast', 'intend', 'may', 'mission', 'plan', 'potential', 'predict', 'progress', 'outlook', 'schedule', 'should', 'study', 'target', 'will', 'would' or the negative of these terms or other similar expressions concerning matters that are not historical facts. In particular, forward-looking statements include, but are not limited to, the Company's ability to develop its low-cost (Capex and Opex) manufacturing of Fumed Silica using its Fumed Silica Reactor (FSR) and enter in commercial production within the timeline, to provide high-performing and reliable advanced materials while promoting sustainability and supply chain traceability, and to position its fumed silica operation in the capital markets, the expected results of the initiatives described in this press release, and those statements which are discussed under the 'About HPQ Silicon' paragraph and elsewhere in the press release which essentially describe the Company's outlook and objectives. Additionally, the forward-looking statements include, but are not limited to, the Company's future results, the intended pilot plant testing and timeline of the Fumed Silica Reactor commercial scale up, the economic performance and product development efforts, as well as the Company's expected achievement of milestones, including the ability to conclude an offtake agreement and obtain sufficient financing for the future development on favorable terms for the Company. Further, these forward-looking statements include the Company's ability to achieve its Fumed Silica strategy and its intended results, market trends, the consumer demand for materials, the Company's competitive advantages, macroeconomic conditions, the impact of applicable laws and regulations, and any information as to future plans and outlook for the Company are or involve forward-looking statements. Forward-looking statements are based on estimates and assumptions that, while considered reasonable by the Company at the time of such statements, are inherently subject to significant business, economic, and competitive uncertainties and contingencies. These estimates and assumptions are not guarantees of future performance and may prove incorrect. These statements rely on various factors, including current technological trends, safe and effective operations, timely delivery and installation of future production equipment at estimated prices, assumed Fumed Silica sale prices, future exchange and interest rates, political and regulatory stability, commodity prices and production costs, the receipt of necessary approvals, licenses, and permits on favorable terms, sustained labor stability, financial and capital market conditions, availability of critical supplies and equipment, tax assumptions, CAPEX and OPEX estimates, economic and operational projections, local infrastructure, and overall business prospects. Forward-looking statements are also subject to risks, uncertainties, and other factors that may cause actual results to differ materially, including the outcome of development, engineering, and planning activities, market conditions, competition, pricing pressures, risks inherent to mining exploration and development, the commercial viability of the Company's technology, project timelines, business continuity challenges, geopolitical instability, and other industry risks. Additionally, there can be no assurance that the conditions precedent of offtake agreements, product qualification requirements, and commercial operations will be met, nor that the Company will fulfill the expectations of financing partners and certifying bodies. Forward-looking statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Risk factors that could cause actual results or events to differ materially from current expectations include, among others, delays in the scheduled delivery times of the equipment, the ability of the Company to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits, the availability of financing or financing on favorable terms for the Company, the dependence on commodity prices, the impact of inflation on costs, the risks of obtaining the necessary permits, the operating performance of the Company's assets and businesses, competitive factors in the graphite mining and production industry, changes in laws and regulations affecting the Company's businesses, political and social acceptability risk, environmental regulation risk, currency and exchange rate risk, technological developments, as well as earnings, capital expenditure, cash flow and capital structure risks and general business risks. A further description of risks and uncertainties can be found in HPQ's Annual Information Form dated March 21, 2025, including in the section thereof captioned 'Risk Factors', which is available on SEDAR+ at Unpredictable or unknown factors not discussed in this Cautionary Note could also have material adverse effects on forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that may cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law. Market and industry data presented throughout this press release was obtained from third-party sources and industry reports, publications, websites and other publicly available information, as well as industry and other data prepared by the Company or on the behalf of the Company based on the Company's knowledge of the markets in which the Company operates, including information provided by suppliers, partners, customers and other industry participants. The Company believes that the market and economic data presented throughout this press release is accurate as of the date of publication and, with respect to data prepared by the Company or on behalf of the Company, that estimates and assumptions are currently appropriate and reasonable, but there can be no assurance as to the accuracy or completeness thereof. The accuracy and completeness of the market and economic data presented throughout this press release are not guaranteed and the Company does not make any representation as to the accuracy of such data. Actual outcomes may vary materially from those forecast in such reports or publications, and the prospect for material variation can be expected to increase as the length of the forecast period increases. Although the Company believes it to be reliable as of the date of publication, the Company has not independently verified any of the data from third-party sources referred to in this press release, analyzed or verified the underlying studies or surveys relied upon or referred to by such sources, or ascertained the underlying market, economic and other assumptions relied upon by such sources. Market and economic data are subject to variations and cannot be verified due to limits on the availability and reliability of data inputs, the voluntary nature of the data gathering process and other limitations and uncertainties inherent in any statistical survey. Further information regarding the Company is available in the SEDAR+ database ( , and on the Company's website at: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This News Release is available on the company's CEO Verified Discussion Forum , a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders. Source: HPQ Silicon Inc. For further information contact: Bernard J. Tourillon, Chairman, President, and CEO Tel +1 (514) 846-3271 Email: Info@ A photo accompanying this announcement is available at
Yahoo
29-05-2025
- Business
- Yahoo
HPQ Announces Non-Broker Private Placement of Units
MONTREAL, May 29, 2025 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. ('HPQ' or the 'Company') (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company driving innovation in advanced materials and critical process development, is pleased to announce that it intends to proceed with a non-brokered private placement of 2,300,000 Units to $414,000. The Company intends to use the net proceed to finance its ongoing initiatives and general corporate purposes. Private placement highlights: Non-Brokered Private placement of 2,300,000 Units at a price of $0.18 per unit for a gross proceed of $414,000. The Company reserves the right to increase the size of the Offering to a maximum of 5,283,050 Units, for maximum gross proceeds of $950,950. Each Unit is comprised of one (1) common share and one (1) common share purchase warrant of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.25 for a period of 48 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month and one (1) day holding period from the date of closing of the placement. The offering will be offered to accredited investors in accordance with applicable securities laws. This Placement is subject to the approval of the TSX-Venture and any other regulatory authorities. In connection with the placement, the company could pay finder's fee, in the form of cash, shares, warrants and or options. The company anticipates that insiders may subscribe for units and their participation could exceed 25 per cent of the offering, with the President and CEO, directly or via entities under his controls will subscribe for an amount of $200,160. 'We decided to proceed with a small financing at this time to provide HPQ with the foundation necessary to capitalize on the larger opportunities we are currently advancing,' said Bernard Tourillon, President and CEO of HPQ Silicon Inc. About HPQ Silicon HPQ Silicon Inc. (TSX-V: HPQ) is a Quebec-based TSX Venture Exchange Industrial Issuer. HPQ is a technology company focused on innovation in advanced materials and critical process development. In partnership with world-class technology leaders PyroGenesis Inc. and NOVACIUM SAS—of which HPQ is a shareholder—the company is developing the materials and process technologies essential to achieving net-zero goals. HPQ activities are centred around the following pillars: Becoming a green, low-cost (Capex and Opex) manufacturer of Fumed Silica using the FUMED SILICA REACTOR, a proprietary technology owned by HPQ Silica Polvere Inc., being developed for HSPI by PyroGenesis. Working with R&D partner NOVACIUM SAS, to become a producer of silicon-based anode materials for battery applications. Developing Innovative processes to generate and use Hydrogen: METAGENE™, a low-carbon, chemical-based, on-demand, high-pressure autonomous hydrogen production system, is being developed by NOVACIUM SAS of which HPQ holds the exclusive North American (Canada, USA, and Mexico) license. WASTE TO ENERGY (W2E), a new process to transform black aluminum dross into a valuable resource, is being developed by NOVACIUM SAS, of which HPQ holds the exclusive North American (Canada, USA, and Mexico) license. HPQ is also a shareholder in NOVACIUM SAS. Becoming a zero-CO2 low-cost (Capex and Opex) producer of High Purity Silicon (2N+ to 4N) using our a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis.
Hamilton Spectator
16-05-2025
- Business
- Hamilton Spectator
HPQ Silicon Reinstated for Trading
MONTREAL, May 16, 2025 (GLOBE NEWSWIRE) — HPQ Silicon Inc. ('HPQ' or the 'Company') (TSX-V: HPQ , OTCQB: HPQFF , FRA: O08 ), a technology company developing next-generation processes for advanced material manufacturing, announces that on May 15, 2025, the TSX Venture Exchange issued Bulletin V2025-1424, confirming that trading in the Company's securities will be reinstated at market open on Tuesday, May 20, 2025. Timeline of the events. On April 30th, 2025, HPQ issued a press release stating that its new auditors needed a few more days to complete its audited annual financial statements for the financial year ended December 31, 2024. Subsequently, the Autorité des marchés financiers (AMF) issued a Cease Trade Order (CTO) on May 1, 2025. On May 2, 2025, HPQ filed its audited annual financial statements, management's discussion and analysis and related CEO and CFO certifications for the financial year ended December 31, 2024 (the 'Required Filings'). Furthermore, on May 5, 2025, HPQ filed a formal response to the clarification requested by the AMF. After reviewing the 2024 audited annual financial statements, the formal reply and after in person interviews, the AMF issued via SEDAR+ on May 9, 2025, a filing rescinding the CTO, thereby affirming that it had found no material discrepancies in the Corporation's Financial documentations. Once the CTO was lifted, the TSX Venture started a review to confirm that HPQ continued to meet the TSX Venture Exchange listing requirements. Upon completion of their review, the TSX Venture confirmed that the Corporation meets the listing requirements of a Tier 2 technology issuer. As a result, BULLETIN V2025-1424 also indicated that, in accordance with Policy 2.5, effective at the opening, Tuesday, May 20, 2025, the Company's Tier classification will change from Tier 1 to Tier 2. 'We're pleased to see trading reinstated and to have confirmation that we continue to meet the TSX Venture Exchange's listing requirements,' said Bernard Tourillon, President and CEO of HPQ Silicon Inc. ' We acted swiftly and transparently to resolve the matter, and we remain focused on executing our strategic vision and delivering value to our shareholders.' About HPQ Silicon HPQ Silicon Inc. ( TSX-V: HPQ ) is a Quebec-based TSX Venture Exchange Tier 1 Industrial Issuer. HPQ is developing, with the support of world-class technology partners PyroGenesis Canada Inc. and NOVACIUM SAS , new green processes crucial to make the critical materials needed to reach net zero emissions. HPQ activities are centred around the following five (5) pillars: For more information, please visit HPQ Silicon web site . Disclaimers: This press release contains certain forward-looking statements, including, without limitation, statements containing the words 'may', 'plan', 'will', 'estimate', 'continue', 'anticipate', 'intend', 'expect', 'in the process' and other similar expressions which constitute 'forward-looking information' within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's ongoing filings with the security's regulatory authorities, which filings can be found at . Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This News Release is available on the company's CEO Verified Discussion Forum , a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders. Source: HPQ Silicon Inc. For further information contact: Bernard J. Tourillon, Chairman, President, and CEO Tel +1 (514) 846-3271 Email: Info@
