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PyroGenesis Canada ( (TSE:PYR) ) has shared an announcement.
PyroGenesis announced the repricing of up to 1,710,350 common share purchase warrants, reducing the exercise price to $0.60 per share starting February 17, 2025. This adjustment is part of an effort to encourage participation and is subject to customary conditions and approvals. The repricing aims to support general corporate purposes and reflects changes in corporate identity. The announcement indicates a strategic move to enhance financial flexibility while ensuring no insider involvement in the warrant amendments, which have received conditional approval from the TSX.
More about PyroGenesis Canada
PyroGenesis Inc. is a high-tech company that specializes in the design, development, manufacture, and commercialization of advanced plasma processes and sustainable solutions aimed at reducing greenhouse gases and environmental pollutants. It operates in major markets such as iron ore pelletization, aluminum, waste management, and additive manufacturing. PyroGenesis is known for its proprietary, patented plasma technologies and maintains a competitive edge through continuous technological advancements. The company is publicly traded on the TSX in Canada, OTCQX in the US, and the Frankfurt Stock Exchange in Germany.
YTD Price Performance: -9.84%
Average Trading Volume: 69,172
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$101.3M
See more insights into PYR stock on TipRanks’ Stock Analysis page.
