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PyroGenesis Canada Inc
Symbol PYR
Shares Issued 167,384,455
Close 2021-09-13 C$ 5.08
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PyroGenesis to rename new subsidiary to Pyro Green-Gas

2021-09-14 12:56 ET - News Release

Mr. P. Peter Pascali reports


Following its acquisition of AirScience Technologies Inc. (AST), PyroGenesis Canada Inc. is in the process of renaming its subsidiary to Pyro Green-Gas. Pyro Green-Gas will continue to be a wholly owned subsidiary of the company.

As part of the name change, PyroGenesis will in due course be developing a Pyro Green-Gas website as well as a unique company logo, both of which will be disclosed once completed. The legal name of the company will remain AirScience Technologies Inc. until such time as the name change process is completed. Pyro Green-Gas will now begin referring to itself under the new corporate name for marketing and branding purposes.

"Changing the name to Pyro Green-Gas helps unify and solidify our different business segments, all of which have their unique approach to reducing GHGs, and benefiting the environment," said P. Peter Pascali, chief executive officer and chair of PyroGenesis. "The rebranding from AST to Pyro Green-Gas comes at a defining moment in our company's history and better reflects who we are today with our increased focus on technologies providing GHG solutions for sustainable long-term growth."

About PyroGenesis Canada Inc.

PyroGenesis Canada, 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, 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-square-metre and 2,940-square-metre manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO (International Organization for Standardization) 9001:2015 and AS9100D certified, having been ISO certified since 1997.

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