PyroGenesis Canada Inc (PYRGF)

[TheCleos]

Thanks Tom for you posts to the Pyro and Arcam Boards. A couple of questions relating to your posts.

1) I read about GE working on meltless Titanium. Are you or anyone else on this board aware of the relationship/differences between the Pyro powder product vs. meltless Titanium. In short what are the differences between the two types of powders that a Pyro investor should be paying attention to?

I believe you also posted the press release on the warrants. My understanding of a warrant is that someone agreed to purchase shares of Pyro following a pre-determined framework. If this is correct, does anyone know who in fact came up with the $300,000? Does anyone know the terms?

Thinking it could be a future customer for powders that is helping Pyro with cash flow requirements associated with the 3 new systems they are building. Help with the cash flow and they get some equity in Pyro. Either way it would be interesting to understand who exercised the warrants?

Finally, as an Arcam investor, I will be curious to see how GE treats sales of new products that utilize Arcam's IP. Will the resulting sales go to Arcam's bottom line or to somewhere else within GE? This question could be asked about the meltless Titanium and the new larger 3D printer that GE is working on. I don't recall seeing anything that would speak to whether the printer is EBM or laser.

Thanks again for your posts to both boards and welcome and thoughts...and from any other posters.