Stocks in play: PyroGenesis Canada Inc.
Announced that its wholly-owned subsidiary Pyro Green-Gas Inc. and certain related persons have settled all ongoing legal proceedings involving Gas RNG Systems Inc. and certain related persons. The two proceedings directly involving Pyro Green-Gas Inc. are described in detail in the “Legal Proceedings” section of the Company’s most recent annual information form available for download at http://www.sedarplus.ca. The settlement was concluded on a no-fault basis and results in the payment of US$1.1 million (approximately CAN$1.5 million) to the PGG Parties, with all parties to the proceedings providing full and final releases. PyroGenesis Canada Inc. shares T.PYR are trading up $0.03 at $0.65.
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