HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ)
(OTCQX: HPQFF) (FRA: O08), a technology company
specializing in green engineering processes for silica and silicon
material production, is pleased to announce a significant
development with its Fumed Silica Initiative.
HPQ’s wholly owned subsidiary, HPQ Silica Polvere Inc. (HPQ
Polvere), and technology provider PyroGenesis Canada Inc.
(TSX: PYR) (NASDAQ: PYR) (FRA: 8PY) (Pyrogenesis),
has successfully signed a Non-Disclosure Agreement (“NDA”) with a
Leading Fumed Silica Manufacturer (“LFSM”). In order to maintain
confidentiality for industry competitive reasons, the identity of
the LFSM will remain undisclosed.
"The early interest expressed by a Leading Fumed Silica
Manufacturer is a testament to our progress and the value of our
efforts," said Bernard Tourillon, President & CEO of HPQ
Silicon and HPQ Polvere. "It validates our strategic decision to
enter this sector, and we are proud to participate in this unique
Purpose of the NDA
The main objective of the NDA is to allow the Parties involved
to assess the characteristics of Fumed Silica material produced by
the HPQ Polvere Fumed Silica Reactor in comparison to commercially
available Fumed Silica and Pyrogenic Silica manufactured by the
LFSM. The evaluation process will commence with submission of
samples produced from the five (5) remaining Fumed Silica Reactor
lab-scale tests, followed by a subsequent delivery of more samples
produced by the pilot plant.
“It's important to caution investors that while this NDA
indicates interest in our distinctive process, we are still in the
early stages, and commercial success is not a guarantee,” added Mr.
Tourillon. “Nonetheless, it highlights the potential for exciting
advancements in the Fumed Silica industry by HPQ Polvere."
About PyroGenesis Canada
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:
About HPQ Silicon
HPQ Silicon Inc. (TSX-V: HPQ) is a
Quebec-based TSX Venture Exchange Tier 1 Industrial Issuer.
HPQ is developing, with the support of
world-class technology partners PyroGenesis Canada
Inc.(TSX: PYR) (NASDAQ: PYR) and NOVACIUM SAS, new green
processes crucial to make the critical materials needed to reach
net zero emissions.
HPQ activities are centred around the following
five (5) pillars:
1) Becoming a green
low-cost (Capex and Opex) producer of High Purity Silicon (2N+ to
4N) using our proprietary
Reduction Reactors” (QRR) being developed by
2) Becoming North
America’s first producer of micron size High Purity Silicon (3N
& 4N) powders with the assistance of NOVACIUM SAS.
3) Working to become
the first producer of nano silicon materials from High Purity
Silicon chunks using our proprietary
PUREVAPTM Nano Silicon
Reactor (NSiR) being developed by
4) Becoming a green
low-cost (Capex and Opex) producer of Fumed Silica using our
proprietary FUMED SILICA REACTOR being developed
5) Developing a
small and compact process for the on-demand production of hydrogen
via hydrolysis of Silicon and other materials.
For more information, please visit HPQ Silicon
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) 846-3271Patrick Levasseur, Director
Tel: +1 (514) 262-9239Email: Info@hpqsilicon.com
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