HPQ At "Imminent Completion" Of Silicon Pilot Plant Just As Prices Soar

AGORACOM Small Cap CEO Interviews

HPQ Silicon Resources $HPQ $HPQFF is a Quebec-based company that is developing the high value-added silicon products sought after by battery and electric vehicle manufacturers - but nobody has yet delivered - until now.

THIRD PARTY VALIDATION FROM LEADING GLOBAL COMPANIES

If that sounds a lot like what other small companies are saying lately, $HPQ differentiates itself as a leader of the pack thanks to the following:

• $HPQ has already Received It's First Order for Spherical Nano Silicon Material from Major Automobile Manufacturer
• $HPQ Signed NDA and Received Request for 4N Silicon Material Samples from a World Leading High-Performance Materials Company
• $HPQ has already received signed NDAs from at least 2 battery players
• They also were Issued U.S. Patent For PUREVAP™ Quartz Reduction Reactor Technology

SILICON PRICES SKYROCKETING

And $HPQ timing couldn’t be better as the price for 1 metric ton of Silicon, as of the end of 2021, reached US $10,000 compared to just US $2,500 a year ago.

HPQ Silicon announced yesterday that Ownership of the PUREVAP™ Quartz Reduction Reactor Pilot System Transferred to HPQ Silicon

The plan has always been to transfer the ownership of the pilot systems from PyroGenesis to HPQ Silicon prior to the reactor start, since under the terms of the July 2016 agreement, HPQ-Silicon, is the sole party entitled to claim R&D credits associated with the PUREVAP™ QRR pilot plant system operations.

CEO Bernard Tourillon commented: “It may have taken time to get here, but the decision to enter early into a long term and mutually beneficial relationship with PyroGenesis to harness the potential of new silicon materials manufacturing will soon come to fruition. 2022 and beyond are going to be years for Silicon and our unique and innovative processes of manufacturing and commercializing silicon and nanosilicon materials needed for an ESG-demanding industrial landscape is one of our greatest strengths going forward.”

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