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HPQ Silicon GEN3 PUREVAP™ QRR Successfully Powered Up
October 06, 2022 13:00 ET | Source: HPQ Silicon Inc.
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English
MONTREAL, Oct. 06, 2022 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQX: HPQFF) (FRA: O08), an innovative silicon solutions and technology development company, would like to inform shareholders that a significant milestone has been reached in the ongoing GEN3 PUREVAP™ Quartz Reduction Reactor (QRR) Pilot Plant testing program.
REACTOR HAS BEEN POWERED UP
Technology provider PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY) has informed HPQ that the GEN3 PUREVAP™(QRR) Pilot Plant has been successfully powered up.
HPQ GEN3 PUREVAP™ QRR PILOT PLANT R&D TESTING MOVING FORWARD
The GEN3 PUREVAP™ QRR Pilot plant is a first-of-its-kind, state of the art prototype comprised of multiple systems that must operate under harsh conditions, extremely high temperatures and under vacuum. During upcoming two weeks, the system will be tested under real operational conditions. Once PYR is satisfied that the pilot plant is operating within expected parameters, materials will be introduced in the hot reactor and the first process improvement tests will have started.
Once the four (4) process improvement tests completed, the GEN3 QRR will be operated for a few months, on a continuously, non-stop production mode.
As with all R&D projects, particularly with new process technology, timelines are subject to change. Yet, with process improvement tests about to start, HPQ is very close to producing silicon material and commencing:
Using the Si produced for downstream testing and production of HPQ high-value-add products,
Providing samples to potential off-takers to allow for product customization,
Working with Novacium to develop new innovative silicon base applications, and
Planning the deployment of commercial – scale production systems (PUREVAP™ QRR 4.0) capable of producing 2,500 tonnes per year of high purity silicon material.
“Starting up the reactor, on this “first-of-its-kind, state-of-the-art prototype,” is finally upon us. We are one step closer to reaching our goal of disrupting Silicon manufacturing; an industry that still relies on a conventional process developed back in the 1890s. Following our methodical approach, we are on the right path to validate our disruptive potential,” said Mr. Bernard Tourillon, President and CEO of HPQ Silicon Inc. “HPQ is the only company that will bring to market a new process for manufacturing Silicon that is perfectly suited to the new demands and realities of today’s Silicon market. With ESG principles playing an active role in materials sourcing and with recent geopolitical unrest emphasizing the need for stable trade partners and supply security, global corporations are becoming more aware of the difficulties in securing the ESG-compliant Silicon needed to meet their renewable energy agenda. The reality of chronic underinvestment in new technologies combined with the offshoring of Silicon production capacity, is creating massive opportunities for HPQ and its PUREVAP™ QRR patented process.”
About PyroGenesis Canada Inc.
PyroGenesis Canada Inc., 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 (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 three 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 R&D and 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
About HPQ Silicon
HPQ Silicon Inc. (TSX-V: HPQ), is a Quebec-based innovative silicon solutions company that offers silica (SiO2) and silicon (Si) based solutions and is developing a unique portfolio of high value-added silicon (Si) products sought after by battery and electric vehicle manufacturers, among other industries. On July 21, 2022, HPQ started trading as a Tier 1 Industrial Issuer on the TSX Venture Exchange.
Silicon (Si), also known as silicon metal, is one of today’s key strategic materials needed for the decarbonization of the economy and the Renewable Energy Revolution (“RER”). However, silicon does not exist in its pure state and must be extracted from quartz (SiO2) in what has historically been a capital and energy-intensive process.
With PyroGenesis Canada Inc.(TSX: PYR) (NASDAQ: PYR), HPQ is developing:
the PUREVAP™ “Quartz Reduction Reactors” (QRR), an innovative process (patent granted in the United States and pending in other jurisdictions), which will permit the one-step transformation of quartz (SiO2) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential.
Through its 100% owned subsidiary, HPQ NANO Silicon Powders Inc., the PUREVAP™ Nano Silicon Reactor (NSiR) is a new proprietary process that can use material produced by the QRR as feedstock, to make a wide range of nano/micro spherical powders and nanowires of different sizes.
Through its second 100% owned subsidiary, HPQ Silica POLVERE Inc., HPQ is developing a new plasma-based process that allows a direct Quartz to Fumed silica transformation, removing the usage of hazardous chemicals in the making of Fumed silica and eliminating the Hydrogen Chloride Gas (HCI) associated with its manufacturing.
HPQ is also a technology development company interested in developing hydrogen-based ventures, that could be complementary to the QRR efforts. Currently, HPQ is working with Novacium developing processes for making hydrogen via hydrolysis of silicon and other materials.
For more information, please visit HPQ Silicon web site.
Twotone
3 years ago
Some good news!!
HPQ Receives TSX Venture Approval to Proceed With EBH2 Green Hydrogen Extraction Technology Venture
September 29, 2021 12:30 ET | Source: HPQ-Silicon Resources Inc.
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English
MONTREAL, Sept. 29, 2021 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQX: HPQFF) (FWB: UGE), an innovative silicon solutions and technology development company, is pleased to announce that the TSX Venture Exchange (“TSX-V”) has given its approval to HPQ transaction with EBH2 Systems SA, (“EBH2”) announced on August 24, 2021 and following that approval, HPQ has closed the MOU entered into with EBH2 Systems SA on August 24, 2021. HPQ and EBH2 can now focus on the next milestone, third-party validation of the EBH2 technology, expected to take place during the next 60 days. A first step was done by the signing of a perpetual world-wide license granted by EBH2 to HPQ to sell products where EBH2 Green Hydrogen Reactors (EBH2 GHR) are incorporated into any HPQ Technologies.
EBH2 SYSTEMS SA HAS DEVELOP AN EXTREMELY EFFICIENT PROCESS TO PRODUCE GREEN HYDROGEN
EBH2 is a Swiss company that possesses a proprietary low-cost electrolysis technology that can, extremely efficiently, extract from virtually any water source including salt water, Green Hydrogen. EBH2 Green Hydrogen Reactors (“EBH2 GHR”) are scalable, adaptable and can produce, on demand, the quantities of Green Hydrogen fuel necessary to power numerous applications from various modes of land and sea transport to single home dwellings, district wide power generation and large-scale industrial applications. EBH2 has filed a provisional patent for this new and novel on demand process to make Green Hydrogen for US$1 per Kilogram.
GREEN HYDROGEN A TRILLION $ ADDRESSABLE MARKET IN SEARCH OF A TECHNOLOGY LIKE EBH2 GHR
While deploying at scale Green Hydrogen could provide up to 24% of the world energy needs by 2050, cutting Greenhouse Gas (“GHG”) emissions by around a third and generating direct annual revenues of US$ 2,5 trillion1, currently available processes of producing Green Hydrogen from renewable energies cost about US$5 per kilogram, giving Green Hydrogen a cost disadvantage compared to hydrogen produced using fossil fuels (Grey and Blue Hydrogen) which have a US$1 per kilogram cost2.
WORKING TOGETHER TO COMMERCIALISE EBH2 GREEN HYDROGEN REACTORS TECHNOLOGIES
After many years of development, EBH2 now has a EBH2 GHR model ready for commercial deployment, a system that can produce continually the Green Hydrogen fuel necessary to power a 1 Megawatt per week generator, an electricity production capacity sufficient to power a typical three (3) bedroom suburban house. The potential cost and GHG reduction benefits of the EBH2 GHR systems are so massive that the units could readily replace solar panels or standby generators for homeowners.
“HPQ has been at the forefront of Green Silicon innovation development since 2015, and has we get closer to having multiple pilot plants operational, looking for way to reduce our energy costs all the while improving our environmental footprint become of paramount importance. EBH2 Systems SA, with their proprietary low-cost electrolysis technology that can, extremely efficiently, extract from virtually any water source including salt water, Green Hydrogen present HPQ with one of these games changing synergetic opportunities that we simply could not overlook,” said Bernard Tourillon, President and CEO of HPQ Silicon. “We are getting closer to the point where EBH2 technology will be validated and HPQ will be incredibly well positioned to make green silicon materials all the while opening up new, and massive addressable markets for a system that can produce cheaply green hydrogen, on demand.”
Once third-party validation of the EBH2 technology is completed, as per the terms of the agreement found in HPQ August 24, 2021, release:
HPQ will complete the cash component of part of the transaction and start delivering HPQ share units to EBH2 under the terms of equity component of the transaction,
HPQ and EBH2 will create a new joint venture company (“NEWCO”) to market, sell and service EBH2 systems and products in North America, and
EBH2 will start working on scaling up its EBH2 GHR technology to build systems that can produce continually the Green Hydrogen fuel necessary to meet the energy requirements of:
HPQ PUREVAPTM QRR, a technology to produce high purity silicon,
HPQ PUREVAPTM NSiR, a technology to produce nano silicon materials,
HPQ Fumed Silica Reactor, a technology to produce fumed silica in one step, and
Other technologies that HPQ may develop over time.
HPQ TO START PROCESS TO CHANGE IT CLASSIFICATION FROM MINING ISSUER TO TECHNOLOGY ISSUER
Included in the TSX-V approval was HPQ commitment to:
Submit, by the latest December 31, 2021, an application to the TSX-V to change HPQ classification from being a mining issuer to an Industrial and Technology Issuer.
Seek shareholder approval of the change of classification request by the latest 15 months from June 17, 2021.
About EBH2 Systems SA.
EBH2 Systems SA is a Swiss company located in Lausanne area which is working on Hydrogen solutions that will be Powering a Healthier future. Together with a researcher that has dedicated his life to develop green Hydrogen technologies, EBH2 has found the solution to produce Hydrogen from virtually any water source including salt water. EBH2 is scalable with no limits. It can power a small domestic generator up to ships, factories, buildings, cryptocurrency mines with high energy consumption and even cities. EBH2 is one of the solutions to reduce more than 15% of the emissions for 2021. For more information, please visit EBH2 web site.
About HPQ Silicon Resources
HPQ Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based innovative silicon solutions company that offers innovative silica (SiO2), silicon (Si) based solutions and is developing a unique portfolio of high value-added silicon (Si) products sought after by battery and electric vehicle manufacturers.
Silicon (Si), also known as silicon metal, is one of today’s key strategic materials needed for the decarbonization of the economy and the Renewable Energy Revolution (“RER”). However, silicon does not exist in its pure state and must be extracted from quartz (SiO2) in what has historically been a capital and energy-intensive process.
With PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR), HPQ is developing:
the PUREVAPTM “Quartz Reduction Reactors” (QRR), an innovative process (patent pending), which will permit the one-step transformation of quartz (SiO2) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential.
Through its 100% owned subsidiary, HPQ NANO Silicon Powders Inc., the PUREVAPTM Nano Silicon Reactor (NSiR) is a new proprietary process that can use material produced by the QRR as feedstock, to make a wide range of nano/micro spherical powders of different sizes and nanowires.
Through its second 100% owned subsidiary, HPQ Silica POLVERE Inc., HPQ is developing a new plasma-based process that will allows a direct Quartz to Fumed silica transformation, removing the usage of hazardous chemical in the making of Fumed silica and eliminating the Hydrogen Chloride Gas (HCI) associated with its manufacturing.
For more information, please visit HPQ Silicon web site.
Twotone
3 years ago
And some more news!!
HPQ SILICON LOGO LRG.jpg
HPQ Launches Revolutionary and Breakthrough Green Hydrogen Extraction Technology Venture
August 24, 2021 12:57 ET | Source: HPQ-Silicon Resources Inc.
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English
MONTREAL, Aug. 24, 2021 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQX: HPQFF) (FWB: UGE), an innovative silicon solutions and technology development company, is pleased to announce the signature of a Memorandum of Understanding (“Agreement”) with EBH2 Systems SA, (“EBH2”) a Swiss company that possesses a proprietary electrolysis technology that can efficiently extract, from virtually any water source including salt water, a Clean Hydrogen also called Green Hydrogen that can be used to create low-cost electricity with no environmental impact.
EBH2 SYSTEMS SA DEVELOP A GREEN AND SCALABLE PROCESS TO PRODUCE CLEAN HYDROGEN
EBH2 has filled a provisional patent for its new and novel process to make Green Hydrogen, a process that is scalable and adaptable to numerous applications from various modes of land and sea transport to single home dwellings, district wide power generation and large-scale industrial applications. EBH2 first successfully tested prototype model has a clean energy production capacity starting at 1 Megawatt of power that can be produced over 7 days from 2 litres of water; sufficient energy to power a typical three (3) bedroom suburban house. (LINK TO VIDEO)
WORKING TOGETHER TO DEVELOP AN INDUSTRIAL SCALE EBH2 SYSTEM TO PRODUCE GREEN SILICON
EBH2 believes it can scale to power the planned high purity silicon and Nano silicon production by HPQ. If successful, HPQ proposes to bundle the energy production capability of EBH2 systems with its silicon production to further reduce the environmental footprint of its developing high purity silicon, nano powders, and other Renewable Energy products. Under the Agreement HPQ can acquire a perpetual world-wide license to sell or deploy the bundled HPQ Technologies - EBH2 generator-based systems anywhere in the world.
COMBINING FORCES TO ESTABLISH A NORTH AMERICAN EBH2 GENERATOR SALES CAPABILITY
The Agreement establishes the terms of the creation of a new Joint venture Company (“NEWCO”) owned by HPQ and EBH2 that will market, sell and service EBH2 systems and products in North America (Canada, Mexico, and the United States). The potential cost and GHG reduction benefits of the EBH2 first commercial size model are huge plus the units could readily replace solar panels or standby generators for homeowners. The global standby generator market is anticipated to grow by 4.9% CAGR between 2021 and 2025, attaining US$ 1.3 billion by 2025. North America has the largest market share at 33.87% in 2019, a market expected to grow with a CAGR of 3.7% to 2025.1
US DOE PUSHING FOR A REDUCTION IN CLEAN HYDROGEN PRODUCTION COST TO US$1 PER KILOGRAM To encourage new and creative solutions to bolster clean energy production, the U.S. Department of Energy has just launched what is described as an ambitious Hydrogen Earthshot Program aimed at reducing the cost of clean hydrogen by 80% to $1 per 1 kilogram in 1 decade (by 2030).
EBH2 SYSTEMS PRODUCE CLEAN HYDROGEN FOR LESS THAN US$ 1 PER KILOGRAM
Currently, production of Clean Hydrogen from renewable energies (Green Hydrogen), cost about US$5 per kilogram, giving Clean Hydrogen a cost disadvantage compared to hydrogen produced using fossil fuels (Grey and Blue Hydrogen) which have a US$1 per kilogram cost2. EBH2 is confident its cost per kilogram to produce its Clean Hydrogen is less than US$1, indicating that the EBH2 module already surpasses the Hydrogen Earthshot program goals and is cost competitive compared to fossil fuels base hydrogen.
“HPQ has been at the forefront of Silicon innovation development since 2015, yet the fact remains that converting quartz into silicon is a highly energy intensive process. EBH2 Systems SA, with their unique process to extract hydrogen from water to generate cheap green energy present HPQ with one of these games changing synergetic opportunities that we simply could not overlook,” said Bernard Tourillon, President and CEO of HPQ Silicon. “When EBH2 demonstrates that the system can do what they say it will, HPQ will be incredibly well positioned to reduce the cost and environmental footprint of making its silicon materials all the while opening up new, and massive addressable markets for a system that can produce cheaply green hydrogen, on demand.”
ABOUT GREEN HYDOGEN
According to Haim Israel, head of Thematic Investing Strategy at BofA Global Research and lead author of its 103-page primer on hydrogen, this time the excitement is justified. “We think we’re reaching an inflection point where green hydrogen could supply our energy needs, fuel our cars, heat our homes and be used in industries that have no economically viable alternative to fossil fuels,” he says. “Together with renewable electricity, green hydrogen gives us a shot at attaining a zero-carbon-emission global economy by 2050.”3
Green hydrogen could provide up to 24% of our energy needs by 2050, helping to cut emissions by around a third. In doing so, the transition to green hydrogen could provide $11 trillion of infrastructure investment opportunities over the next 30 years and direct annual revenues of $2.5 trillion.4
According to the latest Hydrogen Insights Updates from the Hydrogen Council in collaboration with McKinsey & Company5. the deployment of hydrogen projects has seen significant momentum as the technology is being considered a major factor in the clean energy transition. In that regard, and as of February 2021, over 131 large-scale Hydrogen projects have been announced, bringing the current project pipeline to 359 with investment along the value chain coming to an estimated $500 billion through 2030,
To date, ninety countries, comprising 80% of the world’s GDP, now have commitments to meet net-zero emissions in the coming decades, and more than 30 countries have hydrogen-growth strategies. Favourable government commitments to fostering hydrogen innovation combined with concerns over greenhouse gas emissions are expected to continue to drive the demand for hydrogen, specifically green hydrogen, forward.
SALIENT POINTS OF THE AGREEMENT BETWEEN HPQ AND EBH2:
The transaction is subject to TSX Venture Exchange approvals.
HPQ will be granted by EBH2 a perpetual world-wide license to sell products where EBH2 generators are incorporated into all HPQ Technologies, if the EBH2 generators are used exclusively to autonomously power HPQ Technology or HPQ Technologies. (“The HPQ-EBH2 Bundle License”).
HPQ and EBH2 agree to establish a new 50/50 joint enterprise (NEWCO) that will be responsible to market, sell and service EBH2 systems and products in North America. NEWCO will be granted by EBH2 a perpetual exclusive licence to market, sell and service EBH2 systems and products in North America. (Canada, Mexico, and the United States of America). HPQ will set up NEWCO as a Canadian corporation, with both HPQ and EBH2 having fifty percent (50%) shareholding.
OPTION TO ACQUIRE HPQ EQUITY STAKE IN NEWCO. HPQ agrees that starting 5 years, but not exceeding 10 years, from the date of the receipt of the first Commercial shipment of EBH2 systems ready for sales in North America by NEWCO, EBH2 can at any time and at its sole discretion, elect to buy HPQ equity stake in NEWCO by exchanging HPQ Equity stake in NEWCO for a perpetual eight percent (8%) royalty, on the gross sales of NEWCO (“HPQ ROYALTY”), royalty that shall be paid monthly, the 15th day of each month for the gross sales made in the previous month.
ACQUISITION COST. HPQ agrees to pay EBH2 the HPQ-EBH2 Bundle License in accordance with the payment schedule and terms set forth below:
HPQ will make a cash payment to EBH2 of Five Hundred Thousand US dollars (US$ 500,000) (“The Cash Component of the transaction”),
HPQ will issue to EBH2 of 10,000,000 units (“Unit”) at a price of C$0.70 Per Unit. (“The Equity Component of the transaction”). Each Unit is comprised of one (1) common share and one (1) common share purchase warrant (“Warrant") of HPQ. Each Warrant will entitle EBH2 to purchase one common share of the capital stock of HPQ at an exercise price of $ 0.75 for a period of 36 months from the date of closing of the Transaction. Each common share issued pursuant to the Units will have a mandatory four (4) month and one (1) day holding period from the date of its issuance. The Equity Component of the transaction is subject to TSX Venture Exchange and to standard regulatory approvals.
SCHEDULE OF PAYMENTS. EBH2 agrees that both the Cash Component of the transaction and the Equity Component of the transaction will be paid after an independent third-party has validated that the EBH2 process works and can be scaled up to meet the energy requirement of HPQ Technologies, based on the following milestones:
An independent third-party, chosen by the Parties, will be mandated to confirm that the EBH2 travel demonstration module can generate 1,000 Watts per hour (1 Kw per hour), 24 Kw per day, 168 Kw or 0.17 Mw of energy over 7 days from 1 litre of water (H2O). Upon receipt of confirmation that the production and other milestones has been met, the Cash Component of the transaction will be paid to EBH2 and 5,000,000 units of the Equity Component of the transaction will also be issued to EBH2.
An independent third-party, chosen by the Parties will be mandated to confirm that the EBH2 system can be scaled up to meet the energy requirement of HPQ Technology. Upon receipt of a confirmation that the production and other agreed milestones have been met, 4,000,000 units of the Equity Component of the transaction will also be issued to EBH2.
Upon a successful demonstration that a EBH2 system can produce the energy required to power up HPQ PUREVAPTM QRR pilot plant, the remaining 1,000,000 units of the Equity Component of the transaction will be issued to EBH2.
About EBH2 Systems SA.
EBH2 Systems SA is a Swiss company located in Lausanne area which is working on Hydrogen solutions that will be Powering a Healthier future. Together with a researcher that has dedicated his life to develop green Hydrogen technologies, EBH2 has found the solution to produce Hydrogen from virtually any water source including salt water. EBH2 is scalable with no limits. It can power a small domestic generator up to ships, factories, buildings, cryptocurrency mines with high energy consumption and even cities. EBH2 is one of the solutions to reduce more than 15% of the emissions for 2021. For more information, please visit EBH2 web site.
About HPQ Silicon Resources
HPQ Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based innovative silicon solutions company that offers innovative silica (SiO2), silicon (Si) based solutions and is developing a unique portfolio of high value-added silicon (Si) products sought after by battery and electric vehicle manufacturers.
Silicon (Si), also known as silicon metal, is one of today’s key strategic materials needed for the decarbonization of the economy and the Renewable Energy Revolution (“RER”). However, silicon does not exist in its pure state and must be extracted from quartz (SiO2) in what has historically been a capital and energy-intensive process.
With PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR), HPQ is developing:
the PUREVAPTM “Quartz Reduction Reactors” (QRR), an innovative process (patent pending), which will permit the one-step transformation of quartz (SiO2) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential.
Through its 100% owned subsidiary, HPQ NANO Silicon Powders Inc., the PUREVAPTM Nano Silicon Reactor (NSiR) is a new proprietary process that can use material produced by the QRR as feedstock, to make a wide range of nano/micro spherical powders of different sizes and nanowires.
Through its second 100% owned subsidiary, HPQ Silica POLVERE Inc., HPQ is developing a new plasma-based process that will allows a direct Quartz to Fumed silica transformation, removing the usage of hazardous chemical in the making of Fumed silica and eliminating the Hydrogen Chloride Gas (HCI) associated with its manufacturing.
Twotone
3 years ago
More news!
Last Component of HPQ GEN3 Quartz Reduction Reactor Has Shipped, Q4 Commissioning on Track
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HPQ SILICON LOGO LRG.jpg
Last Component of HPQ GEN3 Quartz Reduction Reactor Has Shipped, Q4 Commissioning on Track
August 18, 2021 13:00 ET | Source: HPQ-Silicon Resources Inc.
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English
MONTREAL, Aug. 18, 2021 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQX: HPQFF) (FWB: UGE), an innovative silicon solutions company, is pleased to inform shareholders that further to our June 10, 2021 release, technology provider, PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), has confirmed that, after all the COVID related delays, the GEN3 PUREVAPTM Quartz Reduction Reactor (“QRR”) power supply, the final missing component, has shipped from the manufacture and is on route to PyroGenesis production facility in Montreal. This milestone is another step toward our Q4 2021 GEN3 PUREVAPTM QRR commissioning and start.
“Knowing that the power supply is finally on its way confirms that we are getting closer to the start the GEN3 PUREVAPTM QRR, closer to making battery grade silicon (Si) and closer to validating the commercial potential of the PUREVAPTM QRR process,” said Bernard Tourillon, President and CEO of HPQ Silicon. “In addition to its traditional applications, silicon is just beginning its path to battery utilization. The addressable markets for our Silicon products are massive, diverse and with our pilot plant operational, we will be well positioned to start looking for additional downstream applications where our product can be of value.”
OTHER CORPORATE NEWS
WARRANT EXERCISE: The corporation liquidity has increased by $2,518,750 through the exercise of the remaining 16,250,000 August 21, 2021, warrants.
DEPT SETTLEMENT: In accordance with the agreement between HPQ-Silicon and Agora Internet Relations Corp. entered on July 15, 2020, for the term ending July 15, 2021, HPQ-Silicon board has approved:
The issuance of 14,267 common shares at a deemed price of $0.99 per share to pay $14,125 for services rendered during the period from October 16, 2020, ending January 15, 2021.
The issuance of 15,353 common shares at a deemed price of $0.92 per share to pay $14,125 for services rendered during the period from January 16, 2021, ending April 15, 2021, and
The issuance of 20,471 common shares at a deemed price of $0.69 per share to pay $14,125 for services rendered during the period from April 16, 2021, ending July 15, 2021.
Each share issued pursuant to the debt settlement will have a mandatory four (4) month and one (1) day holding period from the date of closing. This debt settlement is subject to the approval of the TSX Venture Exchange.
CLARIFICATION: HPQ hereby makes a clarification on terms contained in its press release issued June 22, 2021, in order to specify that the number of common shares issued must be 454,072 common shares.
About PyroGenesis Canada Inc.
PyroGenesis Canada Inc., 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 (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.
About HPQ Silicon Resources
HPQ Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based innovative silicon solutions company that offers innovative silica (SiO2), silicon (Si) based solutions and is developing a unique portfolio of high value-added silicon (Si) products sought after by battery and electric vehicle manufacturers.
Silicon (Si), also known as silicon metal, is one of today’s key strategic materials needed for the decarbonization of the economy and the Renewable Energy Revolution (“RER”). However, silicon does not exist in its pure state and must be extracted from quartz (SiO2) in what has historically been a capital and energy-intensive process.
With PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR), HPQ is developing:
the PUREVAPTM “Quartz Reduction Reactors” (QRR), an innovative process (patent pending), which will permit the one-step transformation of quartz (SiO2) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential.
Through its 100% owned subsidiary, HPQ NANO Silicon Powders Inc., the PUREVAPTM Nano Silicon Reactor (NSiR) is a new proprietary process that can use material produced by the QRR as feedstock, to make a wide range of nano/micro spherical powders of different sizes and nanowires.
Through its second 100% owned subsidiary, HPQ Silica POLVERE Inc., HPQ is developing a new plasma-based process that will allows a direct Quartz to Fumed silica transformation, removing the usage of hazardous chemical in the making of Fumed silica and eliminating the Hydrogen Chloride Gas (HCI) associated with its manufacturing.
For more information, please visit HPQ Silicon web site.
Twotone
3 years ago
News!!!
PyroGenesis Confirms Successful Production of Nano Silicon Material
3:23 PM ET, 08/05/2021 - GlobeNewswire
MONTREAL, Aug. 05, 2021 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG), is pleased to confirm, that further to HPQ Silicon Resources Inc’s press release of earlier today1, the Company has successfully produced Nano Silicon materials with its PUREVAP™ Nano Silicon Reactor (“NSIR”) for HPQ Nano Silicon Powders Inc (“HPQ NANO” or the “Client”), a wholly owned subsidiary of HPQ Silicon Resources Inc (TSX-V: HPQ) (OTCQX: HPQFF) (FWB: UGE).
PyroGenesis is currently working with HPQ, and/or HPQ subsidiaries, in the following three broadly defined projects:
Converting Silica (Quartz, SiO2) into high purity silicon using PUREVAP™ QRR,Converting Silicon (Si) into Nano Silicon powders using PUREVAP™ NSIR. The goal is to increase performance and storage capacity (highly sought-after characteristics in many industries but specifically EV) in lithium-ion batteries by replacing graphite with these nano silicon powders, andConverting Silica (Quartz, SiO2) quartz into fumed silica.
The successful milestone announced today by HPQ relates to the conversion of silicon into Nano Silicon powders (project #2 above). After experiencing certain delays relating to unexpected operating issues, PyroGenesis’ engineering team has been able to successfully produce nano silicon materials, and this represents a significant confirmation of the original assumptions underlying this project.
The next major milestone is to optimize the process and have a third-party evaluation of powder characteristics, after which orders can be delivered to various entities who have been waiting to receive samples.
“Notwithstanding certain unexpected operating challenges, the results today are indeed a significant milestone as it validates our original assumptions and provides further evidence that we are on the right path,” said P. Peter Pascali, CEO and Chair of PyroGenesis. “Although there may be challenges ahead, and no outcome can be guaranteed, words cannot adequality describe the excitement at PyroGenesis of potentially being able to address significant challenges facing the development of lithium-ion batteries for the EV market, and others. For example, by 2030, it is estimated that anodes may contain up to 30% silicon in automotive applications as compared to today where silicon is barely used in these applications.2”
Research3 indicates that replacing graphite with nano silicon powders could allow for the manufacturing of high-performance Li-ion batteries with the capability of delivering an almost tenfold (10x) increase in anode capacity, inducing a 20-40% gain in the energy density of the next generation of Li-Ion batteries. The Li-ion battery market size is estimated to grow from USD 44.2 billion in 2020 to USD 94.4 billion by 2025, equivalent to a CAGR of 16.4%.4
PyroGenesis also confirms that it is now moving forward with the next phase of the project which consists (i) designing and manufacturing a semi-continuous process system with a commercial production capacity of at least 500 kg/month (approx. 6 MT/year) of nano silicon powders, and (ii) validating commercial scalability.
“PyroGenesis’ last major milestone, prior to the delivery of its first nano silicon sample, is the completion of an optimization process on the samples produced”, said Mr. Pierre Carabin, CTO and Chief Strategist of PyroGenesis. “The optimization process will, amongst other things, (i) improve product quality and consistency, (ii) evaluate the chemical characteristics, and (iii) perform microscopic and particle size distribution analysis.”
As previously disclosed, PyroGenesis has entered into an agreement with HPQ NANO in which, amongst other things, PyroGenesis benefits from (i) a 10% royalty (“Royalty”) on HPQ NANO’s future sales (with set minimums), and (ii) the option to convert this Royalty at any time into a 50% ownership in HPQ NANO.
About PyroGenesis CanadaInc.
PyroGenesis Canada Inc., 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 (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.
About HPQ Silicon
HPQ Silicon Resources Inc. (TSX-V: HPQ) (OTCQX: HPQFF) (FWB: UGE), is a Canadian producer of Innovative Silicon Solutions, based in Montreal, building a portfolio of unique high value specialty silicon products. Working with PyroGenesis, HPQ is developing:
The PUREVAP™ “Quartz Reduction Reactors” (QRR), an innovative process (patent pending), which will permit the one step transformation of quartz (SiO2) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential;The PUREVAP™ Nano Silicon Reactor (NSiR), a new proprietary process that can use different purities of silicon (Si) as feedstock, to make spherical Silicon Nano powders and nanowires; HPQ is also working with industry leader Apollon Solar of France to use their patented process and develop a capability to produce commercially porous silicon (Si) wafers and porous silicon (Si) powders.A new plasma-based process that will allow a direct conversion of Quartz into Fumed silica, therefore removing the usage of hazardous chemical in the production of Fumed silica and eliminating the Hydrogen Chloride Gas (HCI) associated with its manufacturing.
SOURCE PyroGenesis Canada Inc.
For further information please contact: Rodayna Kafal, Vice President, IR/Comms. and Strategic BDPhone: (514) 937-0002, E-mail: ir@pyrogenesis.com RELATED LINK: http://www.pyrogenesis.com/
1https://www.globenewswire.com/news-release/2021/08/05/2275911/0/en/HPQ-Gen-1-Nano-Silicon-Reactor-Successfully-Produces-First-Sample-of-Nano-Silicon-Material.html2https://roskill.com/news/silicon-porsche-looking-at-silicon-in-ev-battery-anode/3https://cen.acs.org/materials/energy-storage/battery-materials-world-anodes-time/97/i144https://www.marketsandmarkets.com/Market-Reports/lithium-ion-battery-market-49714593.html#:~:text=Lithium%2DIon%20Battery%20Market%20size,at%20a%20CAGR%20of%2016.4%25.
Source: PyroGenesis Canada Inc.
AskMuncher
3 years ago
$HPQFF HPQ Well-funded to Advance Its Silicon and Nano-silicon Materials Initiatives in Both Batteries & Hydrogen
Press Release | 03/04/2021
MONTREAL, March 04, 2021 (GLOBE NEWSWIRE) -- Innovative silicon solutions provider HPQ Silicon Resources Inc. (“HPQ” or the “Company”) (TSX-V: HPQ; FWB: UGE; Other OTC :HPQFF), is pleased to update investors on its financial position. Since January 1, 2021, the Company has raised an additional $1,269,250 through the exercise of options and warrants, and currently has over CAD$7.4 million cash equivalent in hand.
HPQ has the money to support it aggressive development strategy
In addition to the CAD$7.4 million, the cash value of outstanding in- the- money warrants (93% of them owned by PyroGenesis Canada Inc, Investissement Quebec (IQ), insiders and strategic investors) and options represent an additional $11.6 M cash available to fund our projects going forward.
“With access to over $19 M, HPQ has the necessary funds to continue its research and development to commercialization, of our PUREVAP™ family of processes. The funds available will also allow HPQ to investigate other potential game – changing opportunities. HPQ continues to look for synergistic opportunities in order to remain at the forefront of innovative processes for the storage and delivery of clean renewable energy,” said Bernard Tourillon, Chairman and CEO of HPQ Silicon Resources Inc. “HPQ’s Silicon R&D Consortium has the depth and flexibility to meet the challenges, as we strive to produce products for renewable energy storage participants and electric vehicle manufacturers, each of which is searching for cost-effective ways to increase the Silicon content of their batteries. We are very confident that the Silicon materials we are developing, with our expected low-cost scalable processes, will be in high demand for batteries, and by EV manufacturers and other participants in the ongoing renewable energy revolution.”
About HPQ Silicon Resources
HPQ Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based company that offers innovative silicon (Si)-based solutions and is developing a unique portfolio of high value-added silicon (Si) products sought after by battery and electric vehicle manufacturers.
Silicon (Si), also known as silicon metal, is one of today’s key strategic materials needed for the decarbonization of the economy and the Renewable Energy Revolution (“RER”). However, silicon does not exist in its pure state and must be extracted from quartz (SiO2) in what has historically been a capital and energy-intensive process.
With PyroGenesis Canada Inc. (TSX: PYR), a high-tech company that designs, develops, manufactures and commercializes plasma - based processes, HPQ is developing the PUREVAPTM “Quartz Reduction Reactors” (QRR), an innovative process (patent pending), which will permit the one-step transformation of quartz (SiO2) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential. Through its 100% owned subsidiary, HPQ NANO Silicon Powders Inc., the PUREVAPTM Nano Silicon Reactor (NSiR) is a new proprietary process that can use different purities of silicon (Si) as feedstock, to make a wide range of nano/micro spherical powders of different sizes and nanowires.
HPQ continues working with industry leader Apollon Solar of France, and to develop the hydrogen generation potential of Silicon nanopowders for use with the GennaoTM system and to commercialize, exclusively in Canada, and non-exclusive in the U.S.A., the GennaoTM H2 system and the chemical powders required for the hydrolysis production of hydrogen ("H2"). For more information, please visit HPQ Silicon web site.
Disclaimers:
The Corporation’s interest in developing the PUREVAP™ QRR and any projected capital or operating cost savings associated with its development should not be construed as being related to the establishing the economic viability or technical feasibility of any of the Company’s Quartz Projects.
This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's ongoing filings with the security’s regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This News Release is available on the company's CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
Source: HPQ Silicon Resources Inc.
For further information contact:
Bernard J. Tourillon, Chairman, President and CEO Tel +1 (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: +1 (514) 262-9239
Email: Info@hpqsilicon.com
AskMuncher
3 years ago
$HPQFF HPQ Receives its First Mini-Generator Set Based on Clean Hydrogen Produced by Simply Combining Water and a Powder Bag
Press Release | 02/25/2021
MONTREAL, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Innovative silicon solutions provider HPQ Silicon Resources Inc. (“HPQ” or the “Company”) (TSX-V: HPQ; FWB: UGE; Other OTC :HPQFF), is proud to announce that it has received the TREKHY® system, a portable hydrogen-based mini-power generator, jointly developed by the French companies Apollon Solar SAS (“Apollon”) and Pragma Industries SAS (“Pragma”). While continuing to work with Apollon on the development of new generations of more efficient silicon powders for hydrogen production, HPQ signed a Memorandum of Understanding with Apollon and Pragma to study the commercial potential of the TREKHY® autonomous power generator in Canada.
The portable hydrogen-based power generator, a revolutionary product
The TREKHY® provides energy on demand. The system uses a compact fuel cell to provide electrical power. The integrated fuel cell combines hydrogen and oxygen to provide useful electricity + H2O. Hydrogen is produced through a chemical reaction resulting from contact between water and a powder bag. Each bag delivers 30W of power for more than one hour. (Video of the system in operation). In January 2021, a Japanese distributor purchased 300 TREKHY® systems to equip the survival shelters of the Japanese Civil Security.
“In addition to continuing our research, development and commercialization of advanced nanoscale silicon materials, HPQ continues to look for synergistic opportunities in order to remain at the forefront of innovative processes for the storage and delivery of clean renewable energy. This new collaboration with Apollon and Pragma represents another unique opportunity to combine the expertise of HPQ in the low-cost manufacturing of silicon nanomaterials, Apollon in the manufacturing of hydrogen reactors, and Pragma in the manufacturing of fuel cells,” said Bernard Tourillon, Chairman and CEO of HPQ Silicon Resources Inc.
Autonomous energy storage and generation capacity superior to batteries
The energy autonomy of TREKHY® depends on the number of bags used. This option significantly reduces weight and operating costs, as compared to batteries. The table below compares the weights and costs of delivered energy between:
Li-ion primary batteries,
Li-ion rechargeable batteries,
Zn-Air primary battery,
TREKHY® with 150, 300, 450, 600 powder bags.
TREKHY®, with its revolutionary fuel cell and powder technology, offers unmatched performance.
A superior clean renewable hydrogen production thanks to silicon
The current cost of manufacturing silicon nanopowders is very high and it has led Apollon and Pragma to use a less efficient, but more economical, environmentally friendly chemical powder to begin the commercialization of their system. However, the use of silicon nanopowders manufactured by HPQ's PUREVAPTM Nano Silicon Reactor could increase the hydrogen generation potential of the system by 40%, while the use of porous silicon nanopowders could double the amount of hydrogen released by the system.
HPQ and Apollon are currently working to compare the technical and commercial potential of nanoscale and porous silicon materials to create new generations of environmentally friendly powders with better performance for hydrogen production.
“HPQ’s Silicon R&D Consortium has the depth and flexibility to meet the challenges, as we strive to produce products for renewable energy storage participants and electric vehicle manufacturers, each of which is searching for cost-effective ways to increase the Silicon content of their batteries. Silicon’s potential to meet energy storage demands is undeniable, generating massive investments, and serious industry interest. We are very confident that the Silicon materials we are producing, with our expected low-cost scalable processes, will be in high demand for batteries, and by EV manufacturers and other participants in the ongoing renewable energy revolution,” added Bernard Tourillon.
About HPQ Silicon Resources
HPQ Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based company that offers innovative silicon (Si)-based solutions and is developing a unique portfolio of high value-added silicon (Si) products sought after by battery and electric vehicle manufacturers.
Silicon (Si), also known as silicon metal, is one of today’s key strategic materials needed for the decarbonization of the economy and the Renewable Energy Revolution (“RER”). However, silicon does not exist in its pure state and must be extracted from quartz (SiO2) in what has historically been a capital and energy-intensive process.
With PyroGenesis Canada Inc. (TSX: PYR), a high-tech company that designs, develops, manufactures and commercializes plasma - based processes, HPQ is developing the PUREVAPTM “Quartz Reduction Reactors” (QRR), an innovative process (patent pending), which will permit the one-step transformation of quartz (SiO2) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential. Through its 100% owned subsidiary, HPQ NANO Silicon Powders Inc., the PUREVAPTM Nano Silicon Reactor (NSiR) is a new proprietary process that can use different purities of silicon (Si) as feedstock, to make a wide range of nano/micro spherical powders of different sizes and nanowires.
HPQ is also working with industry leader Apollon Solar of France to develop the capability to produce commercially porous silicon (Si) wafers and porous silicon (Si) powders, and to develop the hydrogen generation potential of Silicon nanopowders for use with the GennaoTM system and Commercialize, exclusively in Canada, and non-exclusive in the U.S.A., the GennaoTM H2 system and the chemical powders required for the hydrolysis production of hydrogen ("H2"). For more information, please visit HPQ Silicon web site.
Disclaimers:
The Corporation’s interest in developing the PUREVAP™ QRR and any projected capital or operating cost savings associated with its development should not be construed as being related to the establishing the economic viability or technical feasibility of any of the Company’s Quartz Projects.
This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's ongoing filings with the security’s regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release is available on the company's CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
Source: HPQ Silicon Resources Inc.
For further information contact:
Bernard J. Tourillon, Chairman, President and CEO Tel +1 (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: +1 (514) 262-9239
Email: Info@hpqsilicon.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/38561e58-4471-44ad-9bb8-a801d6e8c0ef
https://www.globenewswire.com/NewsRoom/AttachmentNg/8d629b77-339b-476f-b6f5-830e0364d19c
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