PyroGenesis Announces Extension to Term of Warrants

MONTREAL, June 09, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes advanced all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announced today that up to 1,581,250 common share purchase warrants (the “Warrants”) will be amended. The Warrants, which have an exercise price of $1.20, will currently expire on July 22, 2025. Commencing on June 25, 2025, the expiration date of the Warrants held by holders wishing to participate in this proposal will be extended until November 18, 2025. The warrant certificates will also be amended to reflect the changes in PyroGenesis’ corporate name and address, which occurred after the Warrants were initially issued. All other terms of the Warrants will remain unchanged. The implementation of these amendments remains subject to the finalization of the documentation with the applicable holders of Warrants.