Business
Pyrogenesis Receives Final Approval For Qualifying Transaction
Jul. 20, 2011 (Canada NewsWire Group) -- - PyroGenesis to begin trading today on the TSX Vent...
About this update from Pyrogenesis Inc.
[{"type":"text","content":"\n\n\n Jul. 20, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n- PyroGenesis to begin trading today on the TSX Venture Exchange -\n\n\nMONTREAL, July 20, 2011 /CNW/ - PyroGenesis Canada Inc.  ("PyroGenesis" or the "Company") (TSX-V: PYR), an environmental\n solutions company that designs, develops and manufactures plasma\n waste-to-energy systems and plasma torch products, announced today that\n it has received final approval from the TSX Venture Exchange for its\n recently completed Qualifying Transaction with Industrial Growth Income\n Corporation.\n\n\nAs a result of the completion of the Qualifying Transaction and receipt\n of final TSX Venture Exchange approval, PyroGenesis/ Industrial Growth\n Income Corporation will no longer be considered a capital pool company.\n Pursuant to the Qualifying Transaction, PyroGenesis and Industrial\n Growth Income Corporation amalgamated to form "PyroGenesis Canada\n Inc.". The resulting issuer will begin trading on the TSX Venture\n Exchange at the opening on Wednesday, July 20, 2011 under the symbol\n "PYR".\n\n\nThe Company also announced that it has granted incentive stock options\n (each an "option") to four directors. Two of the directors have been\n granted the right to acquire an aggregate of 200,000 common shares\n (each a "common share") at $0.80 per common share. These options will\n vest quarterly over four years starting on the date of the grant.\n\n\nTwo other...