PyroGenesis Announces Appointment of new CFO, Mr. Andre Mainella
27 September 2021 - 12:00PM
PyroGenesis Canada Inc. (http://pyrogenesis.com) (NASDAQ: PYR)
(TSX: PYR) (FRA: 8PY), a high-tech Company (hereinafter referred to
as the “Company” or “PyroGenesis”), that designs, develops,
manufactures and commercializes advanced plasma processes and
sustainable solutions to reduce greenhouse gases, today is pleased
to announce today the appointment of Mr. Andre Mainella, as Chief
Financial Officer (CFO) of the Company. Mr. Mainella will replace
Mr. Ben Simo, who no longer works for the Company. We wish him well
in his future endeavors.
Mr. Mainella has more than 20 years of
experience in senior financial positions in various industries
including mining, manufacturing and distribution. As senior audit
manager at Raymond Chabot Grant Thornton for several years, he has
worked on a varied list of audit and non-audit mandates for private
and publicly traded companies. Working for Cogeco as Director of
Consolidation and Corporate Accounting, Andre also brings to the
Company extensive experience in the implementation of accounting
standards, corporate finance, business acquisitions, divestitures
and financial reporting consolidation. Mr. Mainella received his
Chartered Professional Accountant designation in 2001. He holds a
Bachelor of Commerce and a graduate diploma in public accounting
from Concordia University in Montreal.
“On behalf of the Board, it gives me great
pleasure to welcome Mr. Mainella to our executive leadership team
at this pivotal point in our growth trajectory, as PyroGenesis’
CFO,” said Mr. P. Peter Pascali, President and Chair of
PyroGenesis. “Mr. Mainella brings an impressive set of financial
and accounting skills in publicly traded companies, combined with
an extensive background in financial reporting consolidation. We
are looking forward to having him add his expertise, to that of the
Board’s, during this exciting time in the Company's evolution, as
he will be overseeing the finance/accounting departments while
contributing to the execution of the Company’s strategic plan.”
About PyroGenesis Canada
Inc.
PyroGenesis Canada Inc., a high-tech company, is
a leader in the design, development, manufacture and
commercialization of advanced plasma processes and sustainable
solutions which reduce greenhouse gases (GHG), and are economically
attractive alternatives to conventional “dirty” processes.
PyroGenesis has created proprietary, patented and advanced plasma
technologies that are being vetted and adopted by multiple
multibillion dollar industry leaders in four massive markets: iron
ore pelletization, aluminum, waste management, and additive
manufacturing. With a team of experienced engineers, scientists and
technicians working out of its Montreal office, and its 3,800 m2
and 2,940 m2 manufacturing facilities, PyroGenesis maintains its
competitive advantage by remaining at the forefront of technology
development and commercialization. The operations are ISO 9001:2015
and AS9100D certified, having been ISO certified since 1997. For
more information, please visit: www.pyrogenesis.com.
This press release contains certain
forward-looking statements, including, without limitation,
statements containing the words "may", "plan", "will", "estimate",
"continue", "anticipate", "intend", "expect", "in the process" and
other similar expressions which constitute "forward- looking
information" within the meaning of applicable securities laws.
Forward-looking statements reflect the Corporation's current
expectation and assumptions and are subject to a number of risks
and uncertainties that could cause actual results to differ
materially from those anticipated. These forward-looking statements
involve risks and uncertainties including, but not limited to, our
expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to
research and development, the impact of competitive products and
pricing, new product development, and uncertainties related to the
regulatory approval process. Such statements reflect the current
views of the Corporation with respect to future events and are
subject to certain risks and uncertainties and other risks detailed
from time-to-time in the Corporation's ongoing filings with the
securities regulatory authorities, which filings can be found at
www.sedar.com, or at www.sec.gov. Actual results, events, and
performance may differ materially. Readers are cautioned not to
place undue reliance on these forward-looking statements. The
Corporation undertakes no obligation to publicly update or revise
any forward- looking statements either as a result of new
information, future events or otherwise, except as required by
applicable securities laws. Neither the Toronto Stock Exchange, its
Regulation Services Provider (as that term is defined in the
policies of the Toronto Stock Exchange) nor the NASDAQ Stock
Market, LLC accepts responsibility for the adequacy or accuracy of
this press release.
SOURCE PyroGenesis Canada Inc.
For further information please contact:Rodayna
Kafal, Vice President Investors Relations and Strategic Business
DevelopmentPhone: (514) 937-0002, E-mail: ir@pyrogenesis.comRELATED
LINK: http://www.pyrogenesis.com/
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