PyroGenesis Closes $2,385,000 First Tranche in Previously Announced Loan

MONTREAL, May 12, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes advanced all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announced today that, further to its press release dated May 5, 2025 it successfully closed the first tranche of the previously announced non-brokered loan with P. Peter Pascali (the “Lender”).

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