On November 19, 2020, PyroGenesis Canada Inc. announced its graduation from the TSX Venture exchange to the Toronto Stock Exchange under the symbol “PYR”. The graduation to the TSX will provide PyroGenesis with increased market visibility and access to a broader range of investors. The announcement follows the completion of its previously announced $12 million bought deal prospectus offering. The offering was led by Mackie Research Capital Corporation as sole underwriter and bookrunner. The proceeds from the offering will be used for working capital and other purposes.
PyroGenesis Canada Inc. is a leader in the design, development, manufacture and commercialization of advanced plasma process and products. PyroGenesis specializes in providing engineering and manufacturing expertise to customers in the defense, metallurgical, mining, advanced materials and environmental industries.
Osler, Hoskin & Harcourt LLP advised PyroGenesis Canada Inc. with a team consisting of Eric Levy, Bastien Gauthier, Jean-Philippe Bertrand, Daniel Stysis (Corporate) and Manon Thivierge (Taxation).