PyroGenesis Announces Debt-to-Equity Conversion of Client Receivable

MONTREAL, Dec. 19, 2024 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions, which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, announced today an agreement with HPQ Silicon Inc. (“HPQ”) to resolve an outstanding liability of $4,941,440 owed to PyroGenesis, using a debt-to-equity conversion.