PyroGenesis Canada announces that it has entered into an agreement with Cormark Securities Inc., as lead agent in connection with a reasonable "best efforts" private placement of a minimum of 5,000,000 units and a maximum of 10,000,000 units of the Company from treasury at a price of $1.00 per Unit for gross proceeds of a minimum of $5.0M and a maximum of $10.0M. Each Unit will consist of one (1) common share of the Company and one (1) warrant . Each Warrant will entitle the holder thereof to purchase one (1) Common Share at price equal to $1.25 for a period of 24 months following the closing date of the Offering.
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