Mr. Peter Pascali reports

PYROGENESIS ANNOUNCES CAN$745,000 PLASMA TORCH SYSTEM CONTRACT WITH EUROPEAN ENTITY

PyroGenesis Canada Inc. has been awarded a plasma torch equipment contract from a European entity, the name and origin of which are not disclosed for competitive reasons.

This contract, with a value of 497,000 euros ($745,000) will require PyroGenesis to manufacture and deliver a plasma torch system to test certain novel concepts.

"Final delivery is scheduled for Q2 2019," said Massimo Dattilo, vice-president, sales, of PyroGenesis. "The client will test certain novel concepts which will complement the company's strategy of developing cutting-edge technologies and continue to produce game-changing processes. PyroGenesis shall have access and the right to use, on a worldwide, royalty-free basis, any development or intellectual property (IP) arising from the work done by the client, together with a right of first refusal on all future IP developed by the client."

"Extending our relationships with cutting-edge centres around the world fits well with our strategy to be the best plasma company in the world," said Pierre Carabin, chief technology officer and chief strategist of PyroGenesis. "By entering into such relationships, we leverage off of other people's facilities/expertise and, as such, accelerate our growth."

"PyroGenesis has one of the largest, if not the largest, concentrations of plasma expertise under one roof, and, over the last two decades, we have successfully developed and commercialized plasma-based processes across several well-chosen industries," said P. Peter Pascali, president and chief executive officer of PyroGenesis. "This contract underscores the significant advantages in PyroGenesis offerings -- the fact that plasma torches and plasma-based systems are our core competency."

About PyroGenesis Canada Inc.

PyroGenesis Canada, a TSX Venture 50 high-tech company, is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. The company provides engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defence, metallurgical, mining, advanced materials (including 3-D printing), oil and gas, and environmental industries.

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