PyroGenesis Announces Voting Results from 2021 Annual Meeting of Shareholders

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MONTREAL, June 22, 2021 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes plasma atomized metal powders, environmentally friendly plasma waste-to-energy systems and clean plasma torch products, is pleased to announce the voting results from its annual meeting of shareholders held on June 22, 2021 in a virtual format.

A total of approximately 55% of the issued and outstanding common shares of PyroGenesis were represented at the meeting.

All of the nominees for election as directors of PyroGenesis referred to in its management information circular for the meeting were elected. Votes cast on this matter were as follows:

Nominee

Votes For

% of Votes For

Votes Withheld

% of Votes Withheld

P. Peter Pascali

86,642,571

99.90%

85,250

0.10%

Robert Radin

86,542,198

99.79%

185,623

0.21%

Andrew Abdalla

86,547,615

99.79%

180,206

0.21%

Dr. Virendra Jha

86,550,423

99.80%

177,398

0.20%

Rodayna Kafal

86,648,212

99.91%

79,609

0.09%

Ben Naccarato

86,427,780

99.65%

300,041

0.35%

Nannette Ramsey

86,656,877

99.92%

70,944

0.08%

Rodney Beveridge

86,413,453

99.64%

314,368

0.36%

Raymond Chabot Grant Thornton LLP was appointed auditors of PyroGenesis and the directors of PyroGenesis were authorized to fix their remuneration.

Further, amendments made to the stock option plan of PyroGenesis were also approved by the shareholders.

Final voting results on all matters voted on at the meeting can be found under PyroGenesis’ profile on SEDAR at www.sedar.com.

Separately, PyroGenesis is also pleased to announce that, in the coming days, its 2021 Annual Progress Report will be available on its website at www.pyrogenesis.com/progress2021.

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc., a high-tech company, is a leader in the design, development, manufacture and commercialization of advanced plasma processes and products. The Company provides its engineering and manufacturing expertise and its turnkey process equipment packages to customers in the defense, metallurgical, mining, advanced materials (including 3D printing), and environmental industries. With a team of experienced engineers, scientists and technicians working out of its Montreal office and its 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The Company’s core competencies allow PyroGenesis to provide innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. PyroGenesis’ operations are ISO 9001:2015 and AS9100D certified. For more information, please visit www.pyrogenesis.com.