Oversubscription

PyroGenesis (PYRGF) addressed an inaccurate online post by a board member regarding its ongoing private placement. The post incorrectly claimed the placement was oversubscribed. PyroGenesis clarified that the placement, targeting approximately $5 million, is still in progress and not yet oversubscribed. The first tranche is expected to finalize soon. The board has reviewed the incident and implemented corrective measures, emphasizing its commitment to accurate disclosure and corporate governance. The company urges disregard of the incorrect, now-deleted, post.