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PyroGenesis Canada strengthens revenue numbers with additional C$457K payment from tunneling client

PyroGenesis Canada Inc (CVE:PYR) (OTCQB:PYRNF) CEO Peter Pascali tells Proactive the company has received an additional payment of roughly C$457,000 from its client, a US tunneling company, as part of a previously announced agreement to purchase plasma torches.

Pascali says the agreement will see PyroGenesis develop and supply high-powered plasma torches designed specifically for tunneling applications.

Quick facts: PyroGenesis Canada Inc.

Price: - CAD

TSX-V:PYR
Market: TSX-V
Market Cap: -
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PyroGenesis Canada to supply plasma torch for $1.8M with major iron ore producer

PyroGenesis Canada Inc (CVE:PYR) (OTCQB:PYRNF) (FRA:8PY) CEO Peter Pascali tells Proactive the group has signed an initial contract to provide a high-powered, one-megawatt plasma torch with accessories to a major iron ore producer for around $1.8 million. Pascali says the Montreal-based...

11 hours, 59 minutes ago

2 min read