HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ)
(OTCQX: HPQFF) (FRA: O08), an innovative silicon
solutions and technology development company, would like to share
with shareholders the first image of the GEN3 PUREVAP™ Quartz
Reduction Reactor (QRR) Pilot Plant Plasma Arc working. The image,
provided by technology provider PyroGenesis Canada Inc.
(TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), is a visual
demonstration of the significance of the milestone reached with the
GEN3 PUREVAP™ QRR Pilot Plant being powered up.
A PICTURE IS WORTH A THOUSAND
WORDSThe GEN3 PUREVAP™ QRR Pilot plant is a
first-of-its-kind, state of the art prototype, that operates at
extremely high temperatures (> 1,800 C) rendering the simple
fact of obtaining images of the plasma Arc working a technical
challenge. This image, taken the day after our October 6, 2022,
release, is a screenshot from the video feed operator of the
PUREVAP™ QRR use to follow the processes inside the
reactor.
Image #1: First image of the
GEN3 PUREVAP™ QRR Plasma Arc working
“This image is a simple, but powerful
demonstration that after many years of efforts and support from our
shareholders, we are about to start disrupting, on many levels,
Silicon manufacturing; an industry that still relies on a
conventional process developed back in the 1890s.,” said Mr.
Bernard Tourillon, President and CEO of HPQ Silicon Inc. “HPQ is
the only company bringing to market a new process for manufacturing
Silicon that is perfectly suited to the new demands and realities
of today’s Silicon market. With ESG principles playing an active
role in materials sourcing and with recent geopolitical unrest
emphasizing the need for stable trade partners and supply security,
global corporations are becoming more aware of the difficulties in
securing the ESG-compliant Silicon needed to meet their renewable
energy agenda. The reality of chronic underinvestment in new
technologies combined with the offshoring of Silicon production
capacity, is creating massive opportunities for HPQ and its
PUREVAP™ QRR patented process.”
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 three 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 R&D and
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
About HPQ Silicon HPQ Silicon
Inc. (TSX-V: HPQ), is a Quebec-based innovative silicon
solutions company that offers silica (SiO2) and silicon (Si) based
solutions and is developing a unique portfolio of high value-added
silicon (Si) products sought after by battery and electric vehicle
manufacturers, among other industries. On July 21, 2022, HPQ
started trading as a Tier 1 Industrial Issuer on the TSX Venture
Exchange.
Silicon (Si), also known as silicon metal, is
one of today’s key strategic materials needed for the
decarbonization of the economy and the Renewable Energy Revolution
(“RER”). However, silicon does not exist in its pure state and must
be extracted from quartz (SiO2) in what has historically been a
capital and energy-intensive process.
With PyroGenesis Canada Inc.(TSX: PYR)
(NASDAQ: PYR), HPQ is developing:
-
the PUREVAP™ “Quartz Reduction
Reactors” (QRR), an innovative process (patent granted in
the United States and pending in other jurisdictions), which will
permit the one-step transformation of quartz (SiO2) into high
purity silicon (Si) at reduced costs, energy input, and carbon
footprint that will propagate its considerable renewable energy
potential.
-
Through its 100% owned subsidiary, HPQ NANO Silicon Powders Inc.,
the PUREVAP™ Nano Silicon Reactor
(NSiR) is a new proprietary process that
can use material produced by the QRR as feedstock, to make a wide
range of nano/micro spherical powders and nanowires of different
sizes.
-
Through its second 100% owned subsidiary, HPQ Silica POLVERE Inc.,
HPQ is developing a new plasma-based process that allows a direct
Quartz to Fumed silica transformation, removing the usage of
hazardous chemicals in the making of Fumed silica and eliminating
the Hydrogen Chloride Gas (HCI) associated with its
manufacturing.
HPQ is also a technology development company
interested in developing hydrogen-based ventures, that could be
complementary to the QRR efforts. Currently, HPQ is working with
Novacium developing processes for making hydrogen via hydrolysis of
silicon and other materials.
For more information, please visit HPQ Silicon
web site.
Disclaimers:
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 Company'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 Company with respect to future events and are subject
to certain risks and uncertainties and other risks detailed from
time-to-time in the Company's ongoing filings with the security’s
regulatory authorities, which filings can be found at
www.sedar.com. Actual results, events, and performance may differ
materially. Readers are cautioned not to place undue reliance on
these forward-looking statements. The Company 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 TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This News Release is available on the
company's CEO Verified Discussion Forum, a moderated social
media platform that enables civilized discussion and Q&A
between Management and Shareholders.
Source: HPQ Silicon Inc.
For further information
contact: Bernard J. Tourillon, Chairman, President, and
CEO Tel +1 (514) 907-1011Patrick Levasseur, Special Advisor to the
CEO Tel: +1 (514) 262-9239Email: Info@hpqsilicon.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a128004c-3c70-41e0-b748-306b623de205
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