HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ)
(OTCQX: HPQFF) (FRA: O08), a technology company engaged
in green engineering processes for producing silica and silicon
material, informs shareholders of the delivery of samples produced
from its - silicon-based battery materials initiatives (February
21st, 2023 release).
The first batch samples of micron size 4N+ Silicon
powder materials were delivered to a world-leading High-Performance
Material Company (“HPMC”) under NDA as per a request from last year
as indicated in our February 8, 2022, release. Following industry
business competitive practices and in accordance with the terms of
the NDA, the identity of the HPMC must remain confidential.
4N+ Silicon is an essential material used as
feedstock to produce high-value Silicon materials like Silicon
Nitride (Si3N4).
Silicon nitride is widely used for manufacturing
advanced high-tech materials that resist incredibly high
temperatures, are robust but precise, act as electrical insulators,
resist wetting by non-ferrous metal melts, and withstand corrosive
and high wear environments, high mechanical stresses, and thermal
shock. 4N+ Silicon is very important for large-scale industrial
applications.
To produce the sample materials according to the
specifications needed by HPMC, the team at Novacium diligently took
advantage of an equipment validation test using commercially
available technologies.
“Being able to send samples for valuation to HPMC
is a very important milestone for our new Silicon-based battery
material Initiative,” said Bernard Tourillon, President, and CEO
HPQ Silicon. “HPMC will share crucial data on our samples and
industry feedback as we work with them to potentially become one of
their 4N+ Silicon powder suppliers.”
The original plan was not to produce any powder
samples until we could use the high-purity Silicon (Si) material
from our PUREVAPTM Quartz Reduction Reactor (QRR) pilot plant as
feedstock. But as our confidence grew regarding the QRR’s capacity
to produce 4N+ Si, we are now focused on building a capability to
deliver products to potential clients as soon as possible to gain
market share.
“We are still in the early stages of our battery
initiatives and will continue to apply the methodical approach that
has brought us here,” added Mr. Tourillon. “This sample request and
our ability to deliver the material further confirms the potential
of our advances in the high-purity silicon space.”
QRR TESTING TIMELINE UPDATE
Technology provider PyroGenesis Canada Inc. (TSX: PYR)
(NASDAQ: PYR) (FRA: 8PY) (“Pyrogenesis”) has informed HPQ
that Test #5 under Test Series 1 – will be completed the week of
April 24 to April 28 2023, as PyroGenesis technical team needed
more time to complete the final technical adjustments needed for
the reactor to attain the Silicon pour milestone.
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 TSX Venture Exchange Tier 1
Industrial Issuer.
HPQ is developing, with the support of world-class
technology partners PyroGenesis Canada Inc.(TSX: PYR)
(NASDAQ: PYR) and NOVACIUM SAS, new green processes crucial to
make the critical materials needed to reach net zero emissions.
HPQ activities are centred around the following
five (5) pillars:
- Becoming a green low-cost (Capex and
Opex) producer of High Purity Silicon (2N+ to 4N) using our
proprietary PUREVAPTM
“Quartz Reduction Reactors” (QRR) being developed
by PyroGenesis.
- Becoming North America’s first
producer of micron size High Purity Silicon (3N & 4N) powders
with the assistance of NOVACIUM SAS.
- Working to become the first producer
of nano silicon materials from High Purity Silicon chunks using our
proprietary PUREVAPTM
Nano Silicon Reactor (NSiR) being
developed by PyroGenesis.
- Becoming a green low-cost (Capex and
Opex) producer of Fumed Silica using our proprietary FUMED
SILICA REACTOR being developed by PyroGenesis.
- Developing a small and compact process
for the on-demand production of hydrogen via hydrolysis of Silicon
and other materials.
For more information, please visit HPQ Silicon web site.
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 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
Inc.For further information contact: Bernard J.
Tourillon, Chairman, President, and CEO Tel +1 (514)
846-3271Patrick Levasseur, Director Tel: +1 (514) 262-9239Email:
Info@hpqsilicon.com
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