PyroGenesis Announces the Appointment of Dr. Twigge-Molecey as Board Director and Strengthens its Foray into the Mining and Metallurgical Sector
MONTREAL, May 14, 2013 /PRNewswire/ - PyroGenesis Canada Inc. ("PyroGenesis" or the "Company") (TSXV: PYR), an environmental solutions company that designs, develops and manufactures plasma waste-to-energy systems and plasma torch products, is pleased to announce that Dr. Chris Twigge-Molecey, P.Eng., FCIM, has joined the Company's Board of Directors.
Having worked for the Hatch Group for over forty years in a wide range of technical and management positions in the minerals and metallurgical field, Dr. Twigge-Molecey currently serves as Senior Advisor at Hatch Ltd. after having served on the main board for several years.
"It is truly an honor to have someone with such an extensive and remarkable background as Dr. Twigge-Molecey join the ranks of our Board" said P. Peter Pascali, President and Chief Executive Officer of PyroGenesis. "Over the past year, PyroGenesis' products have had resonance within the mining and metallurgical industry and we are confident that Dr. Twigge-Molecey's expertise in this field will help us capitalize and build upon these niche opportunities."
Over the course of his career, Dr. Twigge-Molecey's leadership has contributed to Hatch's impressive expansion by establishing the group's presence in Russia, Peru, Brazil as well as its very successful operations in Chile and China. Moreover, Dr. Twigge-Molecey has made some notable technical contributions to the Hatch group by implementing technology development programs, managing research and development programs as well as designing and commissioning full-scale plant.
Dr. Twigge-Molecey has been a strong supporter of the mining and metallurgical community in which he currently acts as Director of the Canada-China Business Council; Director of the Canadian Mining Innovation Council; Member of the Canadian Government Clean Mining Initiative advisory board; and Past President of The Canadian Institute of Mining, Metallurgy and Petroleum as well as a past President of The Metallurgical Society.
Dr. Twigge-Molecey is also an author and presenter of over 40 publications and/or plenary lectures. He holds four patents and has edited four books. He is a recipient of the prestigious Mineral Economics Award of the American Institute of Mining, Metallurgy and Petroleum Engineers (2006) and of the Silver Medal from The Metallurgical Society of CIM (2003).
"PyroGenesis' advanced gasification and vitrification technologies provide a range of value adding, cost-effective approaches to waste conversion and green house gas reduction" said Dr. Twigge-Molecey. "I am delighted to join the Company's board to provide strategic advice, and to help develop PyroGenesis' penetration of the mining and metallurgical industries."
About PyroGenesis Canada Inc.
PyroGenesis Canada is an environmental solutions company that designs, develops and manufactures plasma waste-to-energy systems and plasma torch products. PyroGenesis' proprietary plasma technologies utilize the intense energy of plasma to gasify and vitrify virtually any type of waste without producing hazardous by-products. PyroGenesis' patented gasification and vitrification technology is different from incineration because it produces a clean synthetic gas from waste, which can be used for power generation. PyroGenesis' technology can also turn waste into a glassy rock that can be utilized as construction material. PyroGenesis has marquee defense industry and civilian customers that are using its technology in marine and land-based applications. For more information, please visit www.pyrogenesis.com
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 securities 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.
SOURCE PyroGenesis Canada Inc.
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