HPQ Silicon Resources Inc. (“HPQ” or the “Company”)
(TSX-V: HPQ) (OTCQX: HPQFF) (FWB: UGE), an
innovative silicon solutions and technology development company,
through its wholly – owned subsidiary HPQ Nano Silicon Powders inc
(“HPQ NANO”), would like to update shareholders on advancements of
the PUREVAPTM Nano Silicon Reactor (“NSiR”) development project led
by technology provider, PyroGenesis Canada Inc. (TSX: PYR)
(NASDAQ: PYR) (FRA: 8PY).
ADVANCING METHODICALLY, FOCUS ON BATTERY
GRADE NANO SILICON MATERIALSAs expected with
ground-breaking R&D projects, the PyroGenesis engineering team
continued to resolve design and process issues encountered during
Phase 1 of the PUREVAPTM NSiR development program. As testing
progressed during the second half of 2021, the challenge for the
team became eliminating oxygen from the final product of
nano-silicon material. The oxygen was affecting our ability to
produce qualified samples.
Systematic analysis of the process performed by
the PyroGenesis technical team indicated that:
- The internal sources of oxygen
contamination were directly linked to the heat – resistant liner
material used in the Gen1 PUREVAPTM NSiR, a modified Gen2 PUREVAPTM
Quartz Reduction Reactor (“QRR”), originally designed for the
carboreduction of quartz into Silicon (Si),
- The GEN 1 PUREVAP™ NSIR needed to
be re-designed and rebuilt to eliminate the internal sources of the
contamination.
The modified Gen1.5 PUREVAPTM NSiR system was
re-designed and built in Q3 2021 and commissioned in Q4 2021.
Preliminary results obtained with material produced during
commissioning tests completed in December are very promising. Once
final adjustments are completed, expected in January, the system
will be ready to produce new samples for third party
evaluation.
“For HPQ NANO, 2021 was the year of “Slow is
Smooth & Smooth is Fast”. While it may have taken us longer
than we had expected to get here, we are here now, ready to
revolutionize nano-silicon materials manufacturing for batteries, a
market that is ready to explode” said Bernard Tourillon, President
and CEO of HPQ Silicon. “While HPQ value proposition is derived
from harnessing the potential of our silicon materials innovations,
manufacturing and commercializing the silicon and nano Silicon
materials needed to offer ESG compliant silicon materials to meet
the demand of the up-and-coming renewable energy revolution, we
could not be here without PyroGenesis and its technical team depth
and experience.”
GEN1 NSIR
TESTS VALIDATE ABILITY TO MAKE HIGH VALUE NANO SILICON
MATERIALS During the first half of 2021, the Gen1 NSiR,
was used to validate the following key design parameters of the
NSiR process, a new low-cost method to manufacture nano silicon
materials:
- The NSiR can produce < 150nm
Nano Silicon Materials (Powders and Nanowires),
- SEM imaging of the latest material
produced showed that material can be produced in the 10 to 50 nm
range, which has direct application for solid state batteries
developers.
- The NSiR can produce Nano Silicon
Materials Powder at the throughput needed to allow for low-cost
production of nano materials (HPQ April 22nd 2021 release).
“Notwithstanding some unexpected delays, we
couldn't be prouder of where we are in developing this game
changing technology with strategic partners like HPQ”, said Mr. P.
Peter Pascali, CEO and Chair of PyroGenesis. “The fact that we are
getting closer to meeting a significant challenge in the
development of lithium-ion batteries for the electric vehicle
market not only proves that we are on the right track and with the
right partner, but also validates our commitment as an emerging
leader in providing CO2 reduction solutions.”
HPQ VERTICAL SILICON INTEGRATION: A
POWERFUL ADVANTAGE Another key takeaway from the efforts
by the Pyrogenesis team, is that it confirms the advantage of HPQ’s
ability to produce internally sourced feedstock material produced
by its proprietary PUREVAPTM QRR process. By controlling the entire
chain from raw material, the company can modify the entire process
and adapt the feed material required for the NiSR production to
meet end market requirements.
About PyroGenesis Canada Inc.
PyroGenesis Canada Inc., a high-tech company, is a leader in the
design, development, manufacture and commercialization of advanced
plasma processes and sustainable solutions which reduce greenhouse
gases (GHG) and are economically attractive alternatives to
conventional “dirty” processes. PyroGenesis has created
proprietary, patented, and advanced plasma technologies that are
being vetted and adopted by multiple multibillion dollar industry
leaders in three massive markets: iron ore pelletization, aluminum,
waste management, and additive manufacturing. With a team of
experienced engineers, scientists and technicians working out of
its Montreal office, and its 3,800 m2 and 2,940 m2 R&D and
manufacturing facilities, PyroGenesis maintains its competitive
advantage by remaining at the forefront of technology development
and commercialization. The operations are ISO 9001:2015 and
AS9100D certified, having been ISO certified since 1997. For more
information, please visit: www.pyrogenesis.com.
About HPQ Silicon ResourcesHPQ
Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based
innovative silicon solutions company that offers innovative silica
(SiO2), silicon (Si) based solutions and is developing a unique
portfolio of high value-added silicon (Si) products sought after by
battery and electric vehicle manufacturers.
Silicon (Si), also known as silicon metal, is
one of today’s key strategic materials needed for the
decarbonization of the economy and the Renewable Energy Revolution
(“RER”). However, silicon does not exist in its pure state and must
be extracted from quartz (SiO2) in what has historically been a
capital and energy-intensive process.
With PyroGenesis Canada Inc. (TSX: PYR)
(NASDAQ: PYR), HPQ is developing:
-
the PUREVAPTM “Quartz
Reduction Reactors” (QRR), an innovative process (patent
pending), which will permit the one-step transformation of quartz
(SiO2) into high purity silicon (Si) at reduced costs, energy
input, and carbon footprint that will propagate its considerable
renewable energy potential.
-
Through its 100% owned subsidiary, HPQ NANO Silicon Powders Inc.,
the PUREVAPTM Nano
Silicon Reactor (NSiR) is a new
proprietary process that can use material produced by the QRR as
feedstock, to make a wide range of nano/micro spherical powders of
different sizes and nanowires.
-
Through its second 100% owned subsidiary, HPQ Silica POLVERE Inc.,
HPQ is developing a new plasma-based process that will allows a
direct Quartz to Fumed silica transformation, removing the usage of
hazardous chemical in the making of Fumed silica and eliminating
the Hydrogen Chloride Gas (HCI) associated with its
manufacturing.
HPQ is also a technology development company
interested in developing hydrogen-based ventures, that could be
complementary to the QRR efforts. Currently, HPQ is evaluating two
different approaches to reach this goal, those being:
-
Working with Swiss based company EBH2 Systems SAS as it pertains to
their proprietary process to manufacture Green Hydrogen via
electrolysis, and
-
Developing our own processes of making hydrogen via hydrolysis of
nanosilicon materials made by our PUREVAPTM (NSiR).
For more information, please visit HPQ Silicon
web site.
Disclaimers:
The Corporation’s interest in developing the
PUREVAP™ QRR and any projected capital or operating cost savings
associated with its development should not be construed as being
related to the establishing the economic viability or technical
feasibility of any of the Company’s Quartz Projects.This press
release contains certain forward-looking statements, including,
without limitation, statements containing the words "may", "plan",
"will", "estimate", "continue", "anticipate", "intend", "expect",
"in the process" and other similar expressions which constitute
"forward-looking information" within the meaning of applicable
securities laws. Forward-looking statements reflect the Company's
current expectation and assumptions and are subject to a number of
risks and uncertainties that could cause actual results to differ
materially from those anticipated. These forward-looking statements
involve risks and uncertainties including, but not limited to, our
expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to
research and development, the impact of competitive products and
pricing, new product development, and uncertainties related to the
regulatory approval process. Such statements reflect the current
views of the Company with respect to future events and are subject
to certain risks and uncertainties and other risks detailed from
time-to-time in the Company's ongoing filings with the security’s
regulatory authorities, which filings can be found at
www.sedar.com. Actual results, events, and performance may differ
materially. Readers are cautioned not to place undue reliance on
these forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements either as a result of new information, future events or
otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This News Release is available on the
company's CEO Verified Discussion Forum, a moderated social
media platform that enables civilized discussion and Q&A
between Management and Shareholders.
Source: HPQ Silicon Resources Inc.
For further information
contact: Bernard J. Tourillon, Chairman, President and CEO
Tel +1 (514) 907-1011Patrick Levasseur, Special Advisor to the CEO
Tel: +1 (514) 262-9239Email: Info@hpqsilicon.com
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