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PyroGenesis Closes $6.26 Million in Financings

Created at 3 Jun · 3:11 PM1 source
IN SHORT

PyroGenesis Canada Inc. has announced the closing of two non-brokered private placements, raising gross proceeds of approximately $6.26 million. The funds will be used for general working capital purposes.

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Key Numbers

$6.26 milliongross proceeds from financings

Who's Involved

PyroGenesis Canada Inc.
Company closing financings

↳ Why This Matters

The successful closing of these financings provides PyroGenesis with additional capital, which is crucial for its operational continuity and potential growth initiatives.

Key facts

  • PyroGenesis Canada Inc. closed two non-brokered private placements.
  • The financings raised gross proceeds of approximately $6.26 million.
  • Funds will be used for general working capital.

PyroGenesis Canada Inc. announced on June 17, 2024, the closing of two non-brokered private placements. The aggregate gross proceeds raised from these placements amount to approximately $6.26 million. The company intends to use these funds for general working capital purposes. This financing is expected to support PyroGenesis's ongoing operations and strategic initiatives.

Frequently asked questions

PyroGenesis Canada Inc. is a company that has announced the closing of two non-brokered private placements.

PyroGenesis raised approximately $6.26 million in gross proceeds from the financings.

The funds raised will be used for general working capital purposes.

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Cadence

How It Developed

3 Jun · 2:43 PM
PyroGenesis Canada Inc. has successfully closed financings totaling $6.26 million, comprising a brokered private placement and a non-brokered private placement.
Financial Post via PiQSuite

Sources

T1
PyroGenesis Announces Closing of $6.26 Million in Financingsm.piqsuite.com

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