PyroGenesis Announces the Appointment of Paul Rajchgod to the Board of Directors
04 April 2024 - 2:00AM
PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (OTCQX:
PYRGF) (FRA: 8PY), a high-tech company (the “Company” or
“PyroGenesis”) that designs, develops, manufactures and
commercializes advanced plasma processes and sustainable solutions
which are geared to reduce greenhouse gases (GHG) and address
environmental pollutants, is pleased to announce the appointment of
Mr. Paul Rajchgod as an independent member of its board of
directors.
Mr. Rajchgod brings significant experience to
the board of directors with his 25-year career in capital markets
and venture capital, including over 20 years in investment banking
helping high-growth tech and clean tech companies raise capital
through equity and debt structures while also providing them with
sought-after advisory services.
"It is very important to PyroGenesis that we
have a board of directors comprised of highly qualified directors
with experience that is complementary and diverse on one hand while
also being relevant to the Company and its needs. Paul’s unique and
proven skillset will enhance the board of directors’ effectiveness
in overseeing the objectives and goals of the Company," said Mr.
Alan Curleigh, PyroGenesis’ Chair. "We are pleased to welcome Paul
to PyroGenesis’ board of directors. Paul’s background in capital
markets and in particular working with growth stage tech companies
is sure to help PyroGenesis as the Company focuses on expanding
market adoption and continuing innovation, new solution rollouts
and cost controls."
Mr. Rajchgod’s experience includes Managing
Director positions at several major capital markets firms,
including Cantor Fitzgerald, Macquarie, and Mackie. He holds an MBA
from the Schulich School of Business of York University. At
present, Mr. Rajchgod is Managing Director, Investments, at a
global venture capital firm funding groundbreaking businesses and
technologies.
Ms. Rajchgod added, "I am delighted to join the
PyroGenesis Board of Directors as the Company makes incredible
strides in meeting the evolving technology needs of heavy industry.
I look forward to leveraging my experience of working with growth
tech firms across the capital markets to support PyroGenesis’
mission in helping its customers address the decarbonization,
commodity security, and waste remediation challenges faced by so
many global corporations."
The appointment of Mr. Rajchgod remains subject
to regulatory and exchange approval.
About PyroGenesis Canada
Inc.
PyroGenesis Canada Inc., a high-tech company, is
a proud 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.
Cautionary and Forward-Looking
Statements
This press release contains “forward-looking
information” and “forward-looking statements” (collectively,
“forward-looking statements”) within the meaning of applicable
securities laws. In some cases, but not necessarily in all cases,
forward-looking statements can be identified by the use of
forward-looking terminology such as “plans”, “targets”, “expects”
or “does not expect”, “is expected”, “an opportunity exists”, “is
positioned”, “estimates”, “intends”, “assumes”, “anticipates” or
“does not anticipate” or “believes”, or variations of such words
and phrases or state that certain actions, events or results “may”,
“could”, “would”, “might”, “will” or “will be taken”, “occur” or
“be achieved”. In addition, any statements that refer to
expectations, projections or other characterizations of future
events or circumstances contain forward-looking statements.
Forward-looking statements are not historical facts, nor guarantees
or assurances of future performance but instead represent
management’s current beliefs, expectations, estimates and
projections regarding future events and operating performance.
Forward-looking statements are necessarily based
on a number of opinions, assumptions and estimates that, while
considered reasonable by the Company as of the date of this
release, are subject to inherent uncertainties, risks and changes
in circumstances that may differ materially from those contemplated
by the forward-looking statements. Important factors that could
cause actual results to differ, possibly materially, from those
indicated by the forward-looking statements include, but are not
limited to, the risk factors identified under “Risk Factors” in the
Company’s latest annual information form, and in other periodic
filings that the Company has made and may make in the future with
the securities commissions or similar regulatory authorities, all
of which are available under the Company’s profile on SEDAR+ at
www.sedarplus.ca. These factors are not intended to represent a
complete list of the factors that could affect the Company.
However, such risk factors should be considered carefully. There
can be no assurance that such estimates and assumptions will prove
to be correct. You should not place undue reliance on
forward-looking statements, which speak only as of the date of this
release. The Company undertakes no obligation to publicly update or
revise any forward-looking statement, 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 OTCQX Best Market
accepts responsibility for the adequacy or accuracy of this press
release.
For further information please contact: Rodayna
Kafal, Vice President, IR/Comms. and Strategic BDE-mail:
ir@pyrogenesis.com RELATED LINK: http://www.pyrogenesis.com/
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