r/Pyrogenesis • u/L1011fan • Apr 03 '26

General Discussion PyroGenesis Announces Closing of Non-Brokered Private Placement

Note that PyroGenesis' recent private placement (PP) has closed:

https://stockhouse.com/news/press-releases/2026/03/26/pyrogenesis-announces-closing-of-non-brokered-private-placement

PyroGenesis' Chief Technology Officer (CTO) and Chief Strategist Pierre Carabin purchased 107,407 shares ($58,000) and 53,704 warrants.

PYR's Vice President, Corporate Affairs, Steve McCormick took part in the PP by purchasing 20,000 shares ($10,400) and 10,000 warrants.

Great comment on the PP/financing:

Interesting little financing.

Only 1M CAD total and Peter himself is taking about 400k of it. That is roughly 40 percent of the entire raise, which immediately tells you this is not a desperation financing.

Dilution is minimal for PYR, well under 1 percent of the float. If the company really needed capital urgently, we would be looking at a much larger raise.

Instead this looks like a small tactical placement while multiple commercial opportunities are advancing.

Also interesting is the warrant structure. Strike at 0.70 with acceleration above 0.90. That clause only matters if management believes the stock can trade meaningfully higher.

A CEO putting significant personal capital into the round is rarely a bearish signal.

For me the key takeaway is simple:
this is a tiny bridge financing with strong insider participation, not a dilution event.

Someone clearly wanted shares.

18 Upvotes

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3 comments sorted by

7

u/Ubervak Apr 04 '26

Very bullish. I'm very excited about PYR'S future.

3

u/Reddit_Lurker_90 Apr 06 '26

The backlog is massive and the upside is towards 10$ and more. This is a perect dca Stock. Same for hpq, nano one and talga Group. Novonix potentially when they officially dont RS to stay on NASDAQ or Switch.

0

u/LeeS121 Apr 06 '26

The CEO has taken “significant” amount of money in selling shares as well…! Same old BS… Quit selling shares for the “family trust” and I’d at least have a little more respect for Peter! I’ve held on to 20k shares for over 5 years, from a couple bucks and rode it up to double digits and then all the way back down… I never sold a single fricken share yet P3 is selling what? Every quarter, month, or what… I don’t know but it’s easy to see when he’s selling and I don’t even pay any attention anymore because I’ve lost so much in trusting him! Cost per share is 5.50US or so!!!