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PyroGenesis Slashes Warrant Exercise Price

PyroGenesis Slashes Warrant Exercise Price

PyroGenesis Canada (TSE:PYR) has released an update.

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PyroGenesis Canada Inc. has announced a significant repricing of up to 4.1 million common share purchase warrants, reducing the exercise price to $0.75 per share, with a potential for accelerated expiry if the share price exceeds $0.9375 over five consecutive trading days. The company, which specializes in plasma processes and environmentally friendly solutions, has received approval from the TSX for the repricing, aiming to use the proceeds for general corporate purposes.

For further insights into TSE:PYR stock, check out TipRanks’ Stock Analysis page.

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