PyroGenesis Canada Inc (PYRGF)

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PyroGenesis Canada Confirms Receipt Of Depository Trust Company, Nasdaq Approval For Listing
1:07 pm ET March 10, 2021 (Benzinga) Print

PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX:PYR) (OTCQB:PYRNF) (FRA: 8PY), (the "Company", the “Corporation” or "PyroGenesis") a Company that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to confirm today that, in response to additional inquiries with respect to the subject matter and further to its Press Release dated February 18th, 2021, its common shares (the “Shares”) are now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”) in the United States, and the Company’s application to list its Shares on the NASDAQ Capital Market (“NASDAQ”) has been approved.

As previously announced, the Securities and Exchange Commission (“SEC”) approved PyroGenesis’ Shares for listing in the United States, and that the last outstanding item before final NASDAQ acceptance was to obtain DTC eligibility.

DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be “DTC eligible”. DTC eligibility is required in order to create a seamless electronic process of trading and thereby enhance liquidity of the Company's Shares.

PyroGenesis will maintain the listing of its Shares on the TSX, and will trade on both exchanges under the ticker symbol “PYR”.

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