PyroGenesis Inc. Reports Shareholder Voting Results
MONTREAL — PyroGenesis Inc. (“PyroGenesis”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a pioneering firm focused on all-electric plasma processes and sustainable technological solutions aimed at aiding heavy industries, recently disclosed the outcomes from its annual meeting of shareholders, which took place virtually.
During this session, around 38% of the total issued and outstanding common shares of PyroGenesis were represented, reflecting considerable engagement from the shareholders.
Director Elections and Supporting Votes
At the annual meeting, all candidates proposed for election as directors were successfully elected, obtaining supportive votes which highlight investor confidence. The results of the voting on these nominees are impressive, evidencing a strong backing for the leadership:
Voting Results Summary
The nominees received the following approval ratings:
- Alan Curleigh: 66,850,363 votes (99.79% in favor)
- P. Peter Pascali: 66,871,166 votes (99.82% in favor)
- Robert M. Radin: 66,799,788 votes (99.71% in favor)
- Andrew Abdalla: 66,879,679 votes (99.83% in favor)
- Virendra Jha: 66,831,729 votes (99.76% in favor)
- Ben Naccarato: 66,879,288 votes (99.83% in favor)
- Nannette Ramsey: 66,869,718 votes (99.82% in favor)
- Paul Rajchgod: 66,868,604 votes (99.82% in favor)
This affirmation from shareholders underscores their approval of the company’s strategic direction and operational leadership, further solidifying PyroGenesis’ positioning in a competitive market.
Reappointment of Auditor
Additionally, the shareholders voted in favor of reappointing Raymond Chabot Grant Thornton LLP as the auditor for PyroGenesis. This reappointment is pivotal for maintaining trust and ensuring compliance with regulatory standards, as it underpins the transparency and reliability of the company’s financial reporting.
About PyroGenesis Inc.
Founded on principles of sustainability and innovation, PyroGenesis Inc. is a leader in the development and commercialization of advanced plasma technologies. These groundbreaking solutions aim to mitigate greenhouse gas emissions while providing economically viable alternatives to traditional industrial processes.
The organization’s proprietary plasma technology is gaining traction among industry titans across significant markets, including iron ore pelletization, aluminum production, waste management, and additive manufacturing. Through a dedicated team of professionals based in Montreal, along with extensive manufacturing facilities totaling over 5,700 m², PyroGenesis continues to drive technological advancements and uphold its competitive edge.
The business has received ISO 9001:2015 and AS9100D certifications, ensuring adherence to high-quality standards. PyroGenesis Inc. proudly trades on the Toronto Stock Exchange (TSX) under the ticker symbol PYR, as well as in the U.S. OTCQX (PYRGF) and the Frankfurt Stock Exchange (8PY1).
Frequently Asked Questions
What outcomes were reported from the PyroGenesis shareholder meeting?
The shareholder meeting resulted in the election of all proposed board nominees and the reappointment of the auditing firm.
How many shares were represented at the meeting?
Approximately 38% of the total issued and outstanding shares were represented during the vote.
Who were the directors elected at the annual meeting?
Directors elected include Alan Curleigh, P. Peter Pascali, and others, each receiving significant support from shareholders.
What firm was reappointed as auditor?
Raymond Chabot Grant Thornton LLP was reappointed as the auditor for PyroGenesis Inc.
What sectors does PyroGenesis operate in?
PyroGenesis operates in sectors such as iron ore pelletization, aluminum, waste management, and additive manufacturing, utilizing advanced plasma technologies.
