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PyroGenesis Canada Inc
Symbol PYR
Shares Issued 167,389,455
Close 2021-09-24 C$ 5.04
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PyroGenesis appoints Mainella as CFO

2021-09-27 07:17 ET - News Release

Mr. P. Peter Pascali reports


PyroGenesis Canada Inc. has appointed Andre Mainella as chief financial officer of the company. Mr. Mainella will replace Ben Simo, who no longer works for the company. The company wishes him well in his future endeavours.

Mr. Mainella has more than 20 years of experience in senior financial positions in various industries including mining, manufacturing and distribution. As senior audit manager at Raymond Chabot Grant Thornton for several years, he has worked on a varied list of audit and non-audit mandates for private and publicly traded companies. Working for Cogeco as director of consolidation and corporate accounting, Mr. Mainella also brings to the company extensive experience in the implementation of accounting standards, corporate finance, business acquisitions, divestitures and financial reporting consolidation. Mr. Mainella received his chartered professional accountant designation in 2001. He holds a bachelor of commerce and a graduate diploma in public accounting from Concordia University in Montreal.

"On behalf of the board, it gives me great pleasure to welcome Mr. Mainella to our executive leadership team at this pivotal point in our growth trajectory as PyroGenesis's CFO," said P. Peter Pascali, president and chair of PyroGenesis. "Mr. Mainella brings an impressive set of financial and accounting skills in publicly traded companies, combined with an extensive background in financial reporting consolidation. We are looking forward to having him add his expertise to that of the board's during this exciting time in the company's evolution, as he will be overseeing the finance/accounting departments while contributing to the execution of the company's strategic plan."

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 that 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-square-metre and 2,940-square-metre manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization.

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