HPQ Silicon Resources Inc Announces Commencement of OTCQX Trading
16 3월 2021 - 8:15PM
Innovative silicon solutions provider HPQ Silicon Resources Inc.
(“HPQ” or the “Company”) (TSX-V: HPQ; FWB: UGE; OTCQX: HPQFF),
is pleased to inform investors that its common shares are now
trading on the OTCQX Best Market under the ticker symbol of HPQFF.
The OTCQX Best Market is the highest market tier of OTC Markets,
which operates financial markets for 11,000 U.S. and global
securities. Trading on OTCQX will enhance the visibility and
accessibility of the Company to U.S. investors. HPQ common shares
will continue to trade on the TSX Venture Exchange under the symbol
HPQ, and on the Frankfurt Stock Exchange under the symbol UGE.
Upgrading to the OTCQX Market is an important
step as it provides transparent trading in our shares for our U.S.
investors. For companies listed on a qualified international
exchange, streamlined market standards enable them to utilize their
home market reporting to make their information available in the
U.S. To qualify for OTCQX, companies must meet high financial
standards, follow best practice corporate governance and
demonstrate compliance with applicable securities laws.
“We are pleased to have qualified to trade on
the OTCQX® Best Market from the Pink® market today. This will make
it easier for U.S. investors to discover and invest in HPQ Silicon
Resources Inc, as we continue our research, development and
commercialization of advanced nanoscale silicon materials, in order
to remain at the forefront of innovative processes for the storage
and delivery of clean renewable energy,” said Bernard Tourillon,
Chairman and CEO of HPQ Silicon Resources Inc.
Furthermore, HPQ Silicon is in the process of
securing Depository Trust Company ("DTC") eligibility for its
common shares. DTC manages electronic clearing and settlement of
publicly traded companies across the United States and in 131 other
countries. Trading through DTC allows for cost-effective clearing
and guaranteed settlement, simplifying and accelerating the
settlement process of daily trades.
U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
https://www.otcmarkets.com/stock/HPQFF/quote.
About HPQ Silicon ResourcesHPQ
Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based
company that offers innovative silicon (Si)-based solutions and is
developing a unique portfolio of high value-added silicon (Si)
products sought after by battery and electric vehicle
manufacturers.
Silicon (Si), also known as silicon metal, is
one of today’s key strategic materials needed for the
decarbonization of the economy and the Renewable Energy Revolution
(“RER”). However, silicon does not exist in its pure state and must
be extracted from quartz (SiO2) in what has historically been a
capital and energy-intensive process.
With PyroGenesis Canada Inc. (TSX: PYR), a
high-tech company that designs, develops, manufactures and
commercializes plasma - based processes, HPQ is developing the
PUREVAPTM “Quartz
Reduction Reactors” (QRR), an innovative process (patent
pending), which will permit the one-step transformation of quartz
(SiO2) into high purity silicon (Si) at reduced costs, energy
input, and carbon footprint that will propagate its considerable
renewable energy potential. Through its 100% owned
subsidiary, HPQ NANO Silicon Powders Inc., the
PUREVAPTM Nano Silicon
Reactor (NSiR) is a new proprietary
process that can use different purities of silicon (Si) as
feedstock, to make a wide range of nano/micro spherical powders of
different sizes and nanowires.
HPQ continues working with industry leader
Apollon Solar of France, and to
develop the hydrogen generation potential of Silicon nanopowders
for use with the GennaoTM system and to commercialize, exclusively
in Canada, and non-exclusive in the U.S.A., the TREKHY H2, a
portable hydrogen-based mini-power generator system and the
chemical powders required for the hydrolysis production of hydrogen
("H2"). For more information, please visit HPQ Silicon web
site.
Disclaimers:The Corporation’s
interest in developing the PUREVAP™ QRR and any projected capital
or operating cost savings associated with its development should
not be construed as being related to the establishing the economic
viability or technical feasibility of any of the Company’s Quartz
Projects.
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 Resources Inc.
For further information
contact: Bernard J. Tourillon, Chairman, President and CEO
Tel +1 (514) 907-1011Patrick Levasseur, Vice-President and COO Tel:
+1 (514) 262-9239Email: Info@hpqsilicon.com
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