PyroGenesis Names Andre Mainella As CFO; Secures New US Patent For Destruction Of Ozone Depleting Substances

  • PyroGenesis Canada Inc PYR has appointed Andre Mainella as Chief Financial Officer to replace Ben Simo, who no longer works for the company.
  • PyroGenesis said Mainella has more than 20 years of experience in senior financial positions in various industries, including mining, manufacturing, and distribution. 
  • Separately, the company announced the U.S. Patent and Trademark Office has issued a Notice of Allowance for U.S. Patent No. 11116069, entitled, "High power D.C. non transferred steam plasma torch system."
  • The new patent covers the company's high power DC steam plasma torch system and relates to a steam plasma torch assembly. The system is then used to destroy ozone depleting substances.
  • Price Action: PYR shares traded higher by 2.01% at $4.07 in premarket on the last check Monday.
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