HPQ Gen3 PUREVAP(TM) Pilot Plant Update
June 06 2019 - 9:00AM
HPQ Silicon Resources Inc. – (
www.HPQSilicon.com)
(TSX-V: HPQ),
(OTCPink: URAGF), (FWB: UGE) is pleased to
announce that PyroGenesis Canada Inc (“PyroGenesis”)
(TSX-V: PYR) has started, on June 4th, the construction
required for the HPQ dedicated section of it’s facility, where the
Gen3 PUREVAP™ will be operated.
PILOT PLANT ASSEMBLY ENTERING FINAL
STAGE
The need to reinforce the concrete floor
underneath the pilot plant combined with final design improvements
done to the Gen3 PUREVAP™ pilot plant design changed our original
timeline, but assembly work is now currently underway. Final
assembly of the pilot plant at its permanent location in the
PyroGenesis facility should be completed in Q3. The Gen3
PUREVAP™ pilot plant testing program, including plant
commissioning, will start in Q4.
Mr. Bernard Tourillon, President and CEO of HPQ
Silicon Resources Inc stated: “We are now very close to the start
of the most exciting and potentially rewarding phase of the
project: validating commercial scalability. Our
pre-commercialization work leading up to this point has allowed us
to identify additional segments beyond solar energy applications
where the PUREVAPTM QRR process is game changing. The idea now is
to use to produce material with our Gen2 for samples for various
clients in multiple industries. We expect that we will be able to
fulfill orders from production at the pilot plant and begin to
generate revenue in the months following the start of the pilot
plant.”
IMAGES BEFORE AND AFTER START OF
CONSTRUCTION WORK AT PYROGENESIS PLANT:
https://www.globenewswire.com/NewsRoom/AttachmentNg/4fa59d3c-fadc-4a06-b515-5d58f8026f6b
https://www.globenewswire.com/NewsRoom/AttachmentNg/355332ee-97fb-4ffb-8d39-035dee8d192f
https://www.globenewswire.com/NewsRoom/AttachmentNg/12989e14-2d02-442e-ab0d-724bf86ea6a0
https://www.globenewswire.com/NewsRoom/AttachmentNg/87659a45-a07f-40de-bf67-b596045c3003
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.
About HPQ Silicon
HPQ Silicon Resources Inc. is a TSX-V listed
resource company focuses on becoming a vertically integrated and
diversified High Purity, Solar Grade Silicon Metal (SoG Si)
producer and a manufacturer of multi and monocrystalline solar
cells of the P and N types, required for production of high
performance photovoltaic conversion.
HPQ’s goal is to develop, in collaboration with
industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that
are experts in their fields of interest, the innovative PUREVAPTM
“Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process
(patent pending), which will permit the transformation and
purification of quartz (SiO2) into high purity silicon metal (Si)
in one step and reduce by a factor of at least two-thirds (2/3) the
costs associated with the transformation of quartz (SiO2) into SoG
Si. The pilot plant equipment that will validate the commercial
potential of the process is on schedule to start in 2019.
Disclaimers:
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 on-going filings with the securities
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.
For further information
contactBernard J. Tourillon, Chairman, President and CEO
Tel (514) 907-1011 Patrick Levasseur, Vice-President and COO Tel:
(514) 262-9239 www.HPQSilicon.com
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