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PyroGenesis Canada Inc. Completes Non-Brokered Private Placement

Published: 03/29/2018

Team: Jay F. King, Kyle Simpson, James Lyle

On March 29, 2018, PyroGenesis Canada Inc. completed a non-brokered private placement offering of 9.5% secured convertible debentures for aggregate gross proceeds of $3 million. Each debenture is convertible into common shares of PyroGenesis at a conversion price of $0.80 per common share until March 29, 2020.

PyroGenesis designs, develops and manufactures plasma waste-to-energy systems and plasma torch systems. 

Cassels Brock acted for PyroGenesis with a deal team that included Jay F. King, Kyle Simpson, and James Lyle (Securities).