HPQ Silicon Resources Inc.

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HPQ Silicon Resources is a TSX-V listed (Symbol HPQ) High Purity Quartz and Gold exploration company focused on generating free cash flow. The scope of our activities range from exploration and mining operations to a new emphasis on becoming a vertically integrated producer of Silicon Metal, Sola...

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HPQ Silicon Resources Inc.

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HPQ Silicon Resources is a TSX-V listed (Symbol HPQ) High Purity Quartz and Gold exploration company focused on gener......

people6 Members       (0)

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8020 Admin

2 months

8020 Admin posted a press release Material Compatibility Testing Under Actual Operating Conditions With GEN2 PUREVAP(TM) De-Risking Up-Coming Pilot Plant Trials in HPQ SILICON RESOURCES INC.

MONTREAL, May 03, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX-V:“HPQ”)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to announce the receipt of an interim progress report from PyroGenesis Canada Inc (“PyroGenesis”) (TSX-V: PYR) highlighting results of GEN2’s material compatibility tests done under actual operating condition.


The PUREVAP™ is a harsh process for materials because of the very high temperatures sustained during operations and the presence of liquid metal. This is why parts of the system which are in proximity of the high temperature regions and liquid metal need to be lined with material that is compatible with the harsh environment. To validate material selection, experimental tests, focussed on the two sections of the reactor susceptible to intense wear and tear were conducted using the GEN2 PUREVAP™.


GEN2 AN INVALUABLE ASSET THAT ALLOWS TESTING UNDER ACTUAL OPERATIONAL CONDITIONS


The GEN2 tests conducted to study the compatibility of the material chosen were done under actual operational conditions, whereby once a pool of silicon metal was created inside the reactor, the tap hole was opened to drain metal out of the reactor and the reactor was inspected for damages or un-expected wear and tear.


For the material chosen for the GEN3, the test were deemed a success since inspection after the test showed no silicon melt attack to the material and no dissolution of the walls by liquid metal.


“This is an other demonstration of where the meticulous approach to R&D and proven track record of taking projects from proof of concept to commercialization of PyroGenesis provides great value to the HPQ PUREVAP™ project” said Bernard J. Tourillon President and CEO of HPQ Silicon Resources. “We are none only reducing the overall risk of the project, we have also ticked off another box in our goal to create both a low cost and green metallurgical approach to producing solar grade silicon metal".


Pierre Carabin, Eng., M. Eng., Chief Technology Officer and Chief Strategist of PyroGenesis has reviewed and approved the technical content of this press release.


In accordance with the agreement between HPQ-Silicon and Agoracom, entered into on July 3, 2014, extended by both parties for additional periods ending July 15, 2018 and July 15, 2019 under the same terms and conditions, HPQ-Silicon board has approved the issuance of 188,333 common shares at a deemed price of 7,5 cents per share to pay $14,125 for services rendered during the period from July 16, 2018 ending October 15, 2018 and HPQ board has also approved the issuance of 235,416 common shares at a deemed price of 6 cents per share to pay $14,125 for services rendered during the period from October 16, 2018 ending January 15, 2019.  Each share issued pursuant to the debt settlement will have a mandatory four (4) month and one (1) day holding period from the date of closing.


Furthermore, the Directors of the Corporation have agreed to settle a $75,000.00 debt for services rendered by a service provider to the Corporation by issuing 750,000 units ("Unit") at a price of $0.10 per Unit.  Each Unit is comprised of 1 common share and 1 common share purchase warrant of the Corporation. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.15 per share for a period of 24 months. Each share issued pursuant to the debt settlement will have a mandatory four (4) month and one (1) day holding period from the date of closing. This settlement is subject to the approval of the TSX Venture Exchange.


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. 


About HPQ Silicon


HPQ Silicon Resources Inc. is a TSX-V listed (Symbol HPQ) resource company focuses on becoming a vertically integrated producer of High Purity Silicon Metal (4N+) and a metallurgical producer of Solar Grade Silicon Metal (“SoG-Si”) used in the manufacturing of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic solar systems.


HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a new Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (4N+ Si) in one step and therefore reduce significantly the CAPEX and OPEX costs associated with a metallurgical transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019


Disclaimers:


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 on-going 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.


For further information contact
Bernard J. Tourillon, Chairman, President and CEO Tel: (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
www.HPQSilicon.com


Shares outstanding: 222,284,053


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Compatibility test



 



Compatibility test, left: inside the reactor during the test, right: view of reactor tapping



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8020 Admin

2 months

8020 Admin posted a press release GEN2 Attains Significantly Higher Silicon Metal Production Yield in HPQ SILICON RESOURCES INC.

MONTREAL, April 25, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX VENTURE:HPQ) (FRANKFURT:UGE) (OTC PINK:URAGF) is pleased to announce the receipt of an interim progress report from PyroGenesis Canada Inc (“PyroGenesis”) (TSX-V: PYR) highlighting GEN2’s significantly higher silicon metal production yield.


PyroGenesis informed HPQ that (i) the technical team identified a new operational parameter that increases the Pure Silicon Metal (Silicon Nugget) Production Yield1 of the PUREVAP™ Quartz Reduction Reactor and (ii) a test using the GEN2 PUREVAP™ was completed which together provided the following information:



  1. The PUREVAP™ reactor can be modified from a stationary reactant2 mixtures load to a dynamic one, without affecting other key operational parameters of the reactor which, as a result, improves production yield significantly;

  2. That changing the reactant mixture load to a dynamic flow positively affects Production Yield;

  3. That it is feasible to modify the GEN3 PUREVAP™ Pilot Plant to integrate these advantages into the new design.


IMPROVING REACTANT FLOW IN THE REACTOR SIGNIFICANTLY IMPROVES PRODUCTION YIELD


The scope of the potential of the new parameter became apparent when the test produced the largest single individual Silicon nuggets of all our tests to date; weighing ~ 6.5 grams.


REACTOR MODIFICATION MORE THAN DOUBLE SILICON METAL NUGGET (PURE Si) PRODUCTION YIELD


Comparing3 the 3.3% pure Silicon nugget production yield of test #14 with the 7.0% pure Silicon nugget production yield obtained by test M-001 validated the modification potential.  Further tests will be needed to optimise the process and its operation but the results clearly indicate that pure Silicon production yield more than doubled with the modification.  Producing 4N+ Si with the PUREVAP™ assumes a 90%+ production yield at commercial scale.  These results are part of our trendline that indicate that we are on the right track to reach that goal with our GEN 3 PUREVAP™ Pilot Plant.


It has always been important to maintain or improve production yield while scaling up to a commercial system,” said Mr. Pierre Carabin, Chief Technology Officer and Chief Strategist of PyroGenesis. “Being able to improve it, with results such as today’s, and thereby further mitigating the risk of the project, is a significant achievement in itself, and it validates the decision to proceed with the GEN2 middle step. We have ticked off another box in our goal to create both a low cost and green metallurgical approach to producing solar grade silicon metal.”


Bernard J. Tourillon President and CEO of HPQ Silicon Resources stated: "This is an other demonstration of where the meticulous approach to R&D and proven track record of taking projects from proof of concept to commercialization of PyroGenesis provides great value to the HPQ PUREVAP™ project.


GEN2 PUREVAP™ QRR CONTINUES TO BE AN INVALUABLE BENCH TEST PLATFORM


These latest results confirm the strategic decision to incorporate the GEN2 proof of commercial scalability reactor, as a middle step towards the GEN3 pilot plant. It provides us the ability to immediately test new concepts and design modifications using the GEN2 PUREVAP™ platform while the GEN3 PUREVAP™ pilot plant is being assembled. This unique proposition not only reduces the risk profile of the project, but it also reduces the project commercial validation timeline. It is also extremely cost effective since tests done using the GEN2 R&D platform are substantially less expansive then they would be if the tests were done using the GEN3 PUREVAP™ pilot plant.


Pierre Carabin, Eng., M. Eng., Chief Technology Officer and Chief Strategist of PyroGenesis has reviewed and approved the technical content of this press release.


This press release is available on the forum "CEO Verified Discussion Forum", a moderated social media platform that allows civilized discussion and questions and answers between management and shareholders.


About HPQ Silicon


HPQ Silicon Resources Inc. is a TSX-V listed (Symbol HPQ) resource company focuses on becoming a vertically integrated producer of High Purity Silicon Metal (4N+) and a metallurgical producer of Solar Grade Silicon Metal (“SoG-Si”) used in the manufacturing of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic solar systems.


HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a new Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (4N+ Si) in one step therefore reducing significantly the CAPEX and OPEX costs associated with a metallurgical transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019


Disclaimers:


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 on-going 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.


For further information, contact
Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
www.HPQSilicon.com


Shares outstanding: 222,284,053


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/47244fb1-1442-4f59-beda-59cd01f27054




1   Production Yield is the conversion efficiency of Quartz into Silicon Metal of the process


2   Quartz (SiO2) and carbon


3  Both tests used for the comparison were done under similar operational conditions 



Picture 1. Largest Individual Silicon Nuggets per testing stage




 



on the left with Gen1, in the middle with Gen2 and on the Right with Gen2 after modification


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8020 Admin

4 months

8020 Admin posted a press release Gen2 PUREVAP(TM) Testing of Tapping Section of Pilot Plant Design and Subsystems, De-Risking Up-Coming Pilot Plant Trials in HPQ SILICON RESOURCES INC.


MONTREAL, March 05, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX VENTURE:HPQ) (FRANKFURT:UGE) (OTC PINK:URAGF) is pleased to announce the receipt of a progress report from PyroGenesis Canada Inc (“PyroGenesis”) (TSX Venture: PYR) describing continuous development testing of the pilot plant design and reactor related subsystems of the Silicon Melt Drainage (Tapping) part of the process.  This work of the Gen2 PUREVAP™ Commercial Scalability Proof of Concept platform is undertaken in order to minimize the risk of design failure during the pilot plant trials schedule to start mid-2019.


DRAINAGE OF LIQUID SILICON MELT AT THE BOTTOM OF REACTOR (TAPPING) CRITICAL TO PROCESS


Drainage of silicon (tapping) is one of the most important aspects of the process.  Efforts have been made by PyroGenesis to optimize the design of the melt drainage subsystems of the pilot plant.  In order to test design efficiency and to generate computational studies to predict the tapping behaviour of liquid silicon in the Gen3 pilot plant, a few silicon melting and tapping tests using GEN2 reactor have been conducted to date.


SIMULATED TAPPING DONE USING GEN2


To simulate the tapping process of the pilot plant unit, the Gen2 reactor was ramped up to operating parameters with a standard mixture of quartz and carbon introduced at the beginning.  Once the reactor reached operating temperature as-received Si is introduced in the reactor for effective melting.  Once the whole Si mass melted, the tap hole was opened to drain the liquid metal and the data from the test was then used to generate computational studies.


Mr. Bernard Tourillon, President and CEO of HPQ Silicon Resources Inc stated: “We are very happy to show our first ever public picture of the Gen2 in action.  What these tests demonstrate is the incredible versatility of our Gen2 PUREVAPTM QRR platform, highlighting the advancement being made on the project and toward de-risking the mid-2019, Gen3 commercial scalability testing phase”.


Pierre Carabin, Eng., M. Eng., Chief Technology Officer and Chief Strategist of PyroGenesis has reviewed and approved the technical content of this press 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. 


About HPQ Silicon


HPQ Silicon Resources Inc. is a TSX-V listed resource company focuses on becoming a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.


HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.


Disclaimers:


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 on-going 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.


For further information contact
Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
www.HPQSilicon.com


Shares outstanding: 222,284,053 


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0a12fa2b-0337-4107-8531-a2feb7f7c2e3





Picture of Gen2 in action during simulated tapping test



Picture of Gen2 in action during simulated tapping test. Image © PyroGenesis (sensitive section of image deliberately blurred)





 

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8020 Admin

4 months

8020 Admin posted a press release HPQ Latest Gen2 Progress Report Confirms PUREVAP(TM) QRR Ability to Convert Low Purity Quartz Into 4N+ Silicon Metal, in One Step, at Commercial Scale in HPQ SILICON RESOURCES INC.

MONTREAL, Feb. 26, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX VENTURE:HPQ) (FRANKFURT:UGE) (OTC PINK:URAGF) is pleased to announce the receipt of a progress report from PyroGenesis Canada Inc (“PyroGenesis”) (TSX Venture: PYR) describing the latest significant milestones reached during Gen2 testing of the PUREVAP™ Quartz Reduction Reactor (“QRR”).  Key takeaways from the report are summarized bellow.


GEN2 PUREVAP™ TESTS SUCCESSFULLY CONFIRMS THE SCALABILITY OF PUREVAP™ QRR PROCESS


2018 Gen2 PUREVAP™ Commercial Scalability Proof of Concept tests confirmed the PUREVAP™ QRR could operate under a semi-continuous mode (January 15, 2018 release).  Next, additional process improvements and design modifications to Gen 2 were tested, and demonstrated that semi-continuous operation improves the PUREVAP™ QRR Production Yield1.  Scaling up from Gen1 to Gen2 in semi-continuous mode, production yield increased from ~ 1% to 34% (February 15 and April 19, 2018 releases).


99.83% TOTAL IMPURITY REMOVAL EFFICIENCY REACHED DURING GEN2 PUREVAP TESTING


While mostly focussed on testing components and processes for the final design of Gen3 PUREVAP™, the Gen2 testing also demonstrated that production yield is crucial to the final purity of the Silicon Metal (Si) produced by the PUREVAP™.


A Gen2 PUREVAP™ test provided 17.9% production yield and 99.83% total impurity removal efficiency2 compared to a Gen1 test under similar operating conditions, that provided 3% production yield and 97.14 % total impurity removal efficiency.  PyroGenesis3 was able to validate that production yield does play an important role in the impurity removal efficiency of the process and final purity of Si.


Mr. Bernard Tourillon, President and CEO of HPQ Silicon Resources Inc stated: “The one step impurities removal capacity of the PUREVAP™ QRR and its direct impact on the final purity of the PUREVAP™ Si is the key milestone that will allow HPQ, working with PyroGenesis and Apollon Solar, to develop a low cost and green metallurgical process to produce Solar Grade Silicon Metal (SoG-Si).  The fact that, as expected, Gen2 testing replicated and improved Gen1 results is a major milestone that bodes well for the future as we get ready to start, mid-2019, the Gen3 commercial scalability testing phase, aimed at demonstrating the PUREVAP™ QRR commercial potential.”


HPQ PUREVAP™ PATHWAYS TO PRODUCE SOLAR GRADE SILICON METAL PASSES MAJOR MILESTONE


Using data from both Gen1 and Gen2 tests, PyroGenesis repeated the 2017 extrapolation exercise and concluded that, even using low purity feedstock (98.84% SiO2), the carbothermic part of the PUREVAP™ QRR process should allow HPQ to reach the 4N+ Si (99.99+% Si) purity threshold, assuming a production yield of +90% (or commercial scale production yield of traditional Metallurgical Grade Si (MG-Si) smelters (98.5% - 99.5% Si)).


These results exceed 2017 Gen1 base extrapolations that indicated then that the carbothermic part of the PUREVAP™ QRR process could only reach the 3N+ Si (99.9+% Si) threshold using low purity feedstock (98.84% SiO2)4, and furthermore this required a 100% production yield (November 1, 2017 release).


Mr. Bernard Tourillon, President and CEO of HPQ Silicon Resources Inc further stated: “Having a process capable of producing 4N+ Silicon Metal in one step is, according to Apollon Solar, one of the most unique and potentially the greatest advantage of the PUREVAP™ QRR process as we strive to develop a low cost and green metallurgical process to produce Solar Grade Silicon Metal (SoG-Si).”


Pierre Carabin, Eng., M. Eng., Chief Technology Officer and Chief Strategist of PyroGenesis has reviewed and approved the technical content of this press 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. 


About HPQ Silicon


HPQ Silicon Resources Inc. is a TSX-V listed resource company focuses on becoming a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.


HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.


Disclaimers:


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 on-going 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.


For further information, contact


Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
www.HPQSilicon.com


Shares outstanding: 222,284,053




1 Production Yield of the process is the conversion efficiency of Si element in the raw material (i.e. Quartz) into elemental Silicon Metal


2 Capacity of the process to volatize impurities from raw material (Quartz or SiO2 and Carbon) while making Si


3 Pyrogenesis Canada Inc. Technical Memo: “TM-2018-894 REV 00, - Final Report


4 Pyrogenesis Canada Inc. Technical Memo: “TM-2017-830 REV 00, - Final Report-Silicon Metal Purity Enhancement” 

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8020 Admin

5 months

8020 Admin posted a press release HPQ Completes Beauce Gold Fields Plan of Arrangement Spin Out; BGF Shares to Start Trading on the TSX Venture Exchange on February 4, 2019 in HPQ SILICON RESOURCES INC.

MONTREAL, Feb. 01, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to advise shareholders that it has received confirmation from the TSX Venture Exchange that effective at the opening on Monday, February 4, 2019, the common shares of Beauce Gold Fields Inc. (the “Company” or “BGF”) will commence trading on TSX Venture Exchange (the “Exchange”) under the symbol BGF.


BGF was incorporated under the Canada Business Corporation Act on August 1, 2016, primarily for the purpose of carrying out a spinout by way of a plan of arrangement (the “Arrangement”) with HPQ Silicon Resources Inc. (TSXV: HPQ) (“HPQ”), of which the certificate of arrangement was issued on November 23, 2018.


Pursuant to the Arrangement, HPQ completed the disposition of its gold assets (the “Transferred Assets”) to BGFI in consideration of the issuance of an aggregate of 13,350,000 BGFI common shares (the “BGFI Shares”), of which 10,680,000 BGFI Shares were distributed to the shareholders of HPQ.  HPQ distribution notice was accepted pursuant to the Exchange bulletin dated December 18, 2018.


On the day of listing, HPQ will own 2,870,133 shares of BGF, or 15.3% of the outstanding float of BGF.


Mr. Bernard Tourillon, President and CEO of HPQ Silicon Resources Inc stated, “The listing of Beauce Gold Fields on the TSX Venture Exchange is the final step in HPQ plan of arrangement spin out, and we are now happy to have completed this milestone that provided HPQ shareholders shares in BGF, a Company created to showcase the Beauce Gold project, a fantastic but overlooked historical placer gold district. The Beauce is Canada's last underexplored historical placer mining camp. It's similar to the White Gold projects in the Yukon or the Cariboo district in B.C., that were both placer gold mining camps as well, but recently had major gold discoveries as placer to hard rock exploration projects.”


For further information, please refer to the news releases of HPQ-Silicon dated March 11, 2016, May 4, 2016, Sept. 7, 2016, Sept. 16, 2016, March 31, 2017, Feb. 8, 2018, June 13, 2018, Aug. 17, 2018, Oct. 4, 2018, Oct. 11, 2018, Dec. 12, 2018, Dec. 17, 2018, and Dec. 18, 2018.


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. 


About HPQ Silicon


HPQ Silicon Resources Inc. is a TSX-V listed resource company focuses on becoming a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.


HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.


Disclaimers:


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 on-going 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.


For further information, contact


Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.HPQSilicon.com


Shares outstanding: 222,284,053 

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8020 Admin

5 months

8020 Admin posted a press release HPQ Silicon PUREVAP(TM) Project: Milestones and Plans Going Forward in HPQ SILICON RESOURCES INC.

 


MONTREAL, Jan. 24, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX-V “HPQ”) is pleased to provide investors this corporate overview of the milestones attained since our 2014 entry in the Quartz exploration business and our 2015 decision to become a vertically integrated producer of Solar Grade Silicon Metal through the development of the PUREVAP™ Quartz Reduction Reactor (QRR).  Shareholders and prospective investors are encouraged to review the following information in its entirety to understand the progress made and plans being implemented to transform HPQ into the lowest cost and greenest producer of Solar Grade Silicon Metal, as we commence 2019 with the final assembly of the PUREVAP™ Pilot Plant, “Gen 3” and it’s mid 2019 start-up.


Read all the news here:


https://quotemedia.com/portal/quote/?qm_symbol=HPQ%3ACA&qmodStoryID=6666722750617703 

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HPQ Silicon Resources Inc.

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HPQ Silicon Resources is a TSX-V listed (Symbol HPQ) High Purity Quartz and Gold exploration company focused on generating free cash flow. The scope of our activities range from exploration and mining operations to a new emphasis on becoming a vertically integrated producer of Silicon Metal, Sola...

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HPQ Silicon Resources Inc.

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HPQ Silicon Resources is a TSX-V listed (Symbol HPQ) High Purity Quartz and Gold exploration company focused on gener......

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8020 Admin

2 months

8020 Admin posted a press release Material Compatibility Testing Under Actual Operating Conditions With GEN2 PUREVAP(TM) De-Risking Up-Coming Pilot Plant Trials in HPQ SILICON RESOURCES INC.

MONTREAL, May 03, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX-V:“HPQ”)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to announce the receipt of an interim progress report from PyroGenesis Canada Inc (“PyroGenesis”) (TSX-V: PYR) highlighting results of GEN2’s material compatibility tests done under actual operating condition.


The PUREVAP™ is a harsh process for materials because of the very high temperatures sustained during operations and the presence of liquid metal. This is why parts of the system which are in proximity of the high temperature regions and liquid metal need to be lined with material that is compatible with the harsh environment. To validate material selection, experimental tests, focussed on the two sections of the reactor susceptible to intense wear and tear were conducted using the GEN2 PUREVAP™.


GEN2 AN INVALUABLE ASSET THAT ALLOWS TESTING UNDER ACTUAL OPERATIONAL CONDITIONS


The GEN2 tests conducted to study the compatibility of the material chosen were done under actual operational conditions, whereby once a pool of silicon metal was created inside the reactor, the tap hole was opened to drain metal out of the reactor and the reactor was inspected for damages or un-expected wear and tear.


For the material chosen for the GEN3, the test were deemed a success since inspection after the test showed no silicon melt attack to the material and no dissolution of the walls by liquid metal.


“This is an other demonstration of where the meticulous approach to R&D and proven track record of taking projects from proof of concept to commercialization of PyroGenesis provides great value to the HPQ PUREVAP™ project” said Bernard J. Tourillon President and CEO of HPQ Silicon Resources. “We are none only reducing the overall risk of the project, we have also ticked off another box in our goal to create both a low cost and green metallurgical approach to producing solar grade silicon metal".


Pierre Carabin, Eng., M. Eng., Chief Technology Officer and Chief Strategist of PyroGenesis has reviewed and approved the technical content of this press release.


In accordance with the agreement between HPQ-Silicon and Agoracom, entered into on July 3, 2014, extended by both parties for additional periods ending July 15, 2018 and July 15, 2019 under the same terms and conditions, HPQ-Silicon board has approved the issuance of 188,333 common shares at a deemed price of 7,5 cents per share to pay $14,125 for services rendered during the period from July 16, 2018 ending October 15, 2018 and HPQ board has also approved the issuance of 235,416 common shares at a deemed price of 6 cents per share to pay $14,125 for services rendered during the period from October 16, 2018 ending January 15, 2019.  Each share issued pursuant to the debt settlement will have a mandatory four (4) month and one (1) day holding period from the date of closing.


Furthermore, the Directors of the Corporation have agreed to settle a $75,000.00 debt for services rendered by a service provider to the Corporation by issuing 750,000 units ("Unit") at a price of $0.10 per Unit.  Each Unit is comprised of 1 common share and 1 common share purchase warrant of the Corporation. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.15 per share for a period of 24 months. Each share issued pursuant to the debt settlement will have a mandatory four (4) month and one (1) day holding period from the date of closing. This settlement is subject to the approval of the TSX Venture Exchange.


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. 


About HPQ Silicon


HPQ Silicon Resources Inc. is a TSX-V listed (Symbol HPQ) resource company focuses on becoming a vertically integrated producer of High Purity Silicon Metal (4N+) and a metallurgical producer of Solar Grade Silicon Metal (“SoG-Si”) used in the manufacturing of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic solar systems.


HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a new Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (4N+ Si) in one step and therefore reduce significantly the CAPEX and OPEX costs associated with a metallurgical transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019


Disclaimers:


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 on-going 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.


For further information contact
Bernard J. Tourillon, Chairman, President and CEO Tel: (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
www.HPQSilicon.com


Shares outstanding: 222,284,053


Primary Logo



Compatibility test



 



Compatibility test, left: inside the reactor during the test, right: view of reactor tapping



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8020 Admin

2 months

8020 Admin posted a press release GEN2 Attains Significantly Higher Silicon Metal Production Yield in HPQ SILICON RESOURCES INC.

MONTREAL, April 25, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX VENTURE:HPQ) (FRANKFURT:UGE) (OTC PINK:URAGF) is pleased to announce the receipt of an interim progress report from PyroGenesis Canada Inc (“PyroGenesis”) (TSX-V: PYR) highlighting GEN2’s significantly higher silicon metal production yield.


PyroGenesis informed HPQ that (i) the technical team identified a new operational parameter that increases the Pure Silicon Metal (Silicon Nugget) Production Yield1 of the PUREVAP™ Quartz Reduction Reactor and (ii) a test using the GEN2 PUREVAP™ was completed which together provided the following information:



  1. The PUREVAP™ reactor can be modified from a stationary reactant2 mixtures load to a dynamic one, without affecting other key operational parameters of the reactor which, as a result, improves production yield significantly;

  2. That changing the reactant mixture load to a dynamic flow positively affects Production Yield;

  3. That it is feasible to modify the GEN3 PUREVAP™ Pilot Plant to integrate these advantages into the new design.


IMPROVING REACTANT FLOW IN THE REACTOR SIGNIFICANTLY IMPROVES PRODUCTION YIELD


The scope of the potential of the new parameter became apparent when the test produced the largest single individual Silicon nuggets of all our tests to date; weighing ~ 6.5 grams.


REACTOR MODIFICATION MORE THAN DOUBLE SILICON METAL NUGGET (PURE Si) PRODUCTION YIELD


Comparing3 the 3.3% pure Silicon nugget production yield of test #14 with the 7.0% pure Silicon nugget production yield obtained by test M-001 validated the modification potential.  Further tests will be needed to optimise the process and its operation but the results clearly indicate that pure Silicon production yield more than doubled with the modification.  Producing 4N+ Si with the PUREVAP™ assumes a 90%+ production yield at commercial scale.  These results are part of our trendline that indicate that we are on the right track to reach that goal with our GEN 3 PUREVAP™ Pilot Plant.


It has always been important to maintain or improve production yield while scaling up to a commercial system,” said Mr. Pierre Carabin, Chief Technology Officer and Chief Strategist of PyroGenesis. “Being able to improve it, with results such as today’s, and thereby further mitigating the risk of the project, is a significant achievement in itself, and it validates the decision to proceed with the GEN2 middle step. We have ticked off another box in our goal to create both a low cost and green metallurgical approach to producing solar grade silicon metal.”


Bernard J. Tourillon President and CEO of HPQ Silicon Resources stated: "This is an other demonstration of where the meticulous approach to R&D and proven track record of taking projects from proof of concept to commercialization of PyroGenesis provides great value to the HPQ PUREVAP™ project.


GEN2 PUREVAP™ QRR CONTINUES TO BE AN INVALUABLE BENCH TEST PLATFORM


These latest results confirm the strategic decision to incorporate the GEN2 proof of commercial scalability reactor, as a middle step towards the GEN3 pilot plant. It provides us the ability to immediately test new concepts and design modifications using the GEN2 PUREVAP™ platform while the GEN3 PUREVAP™ pilot plant is being assembled. This unique proposition not only reduces the risk profile of the project, but it also reduces the project commercial validation timeline. It is also extremely cost effective since tests done using the GEN2 R&D platform are substantially less expansive then they would be if the tests were done using the GEN3 PUREVAP™ pilot plant.


Pierre Carabin, Eng., M. Eng., Chief Technology Officer and Chief Strategist of PyroGenesis has reviewed and approved the technical content of this press release.


This press release is available on the forum "CEO Verified Discussion Forum", a moderated social media platform that allows civilized discussion and questions and answers between management and shareholders.


About HPQ Silicon


HPQ Silicon Resources Inc. is a TSX-V listed (Symbol HPQ) resource company focuses on becoming a vertically integrated producer of High Purity Silicon Metal (4N+) and a metallurgical producer of Solar Grade Silicon Metal (“SoG-Si”) used in the manufacturing of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic solar systems.


HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a new Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (4N+ Si) in one step therefore reducing significantly the CAPEX and OPEX costs associated with a metallurgical transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019


Disclaimers:


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 on-going 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.


For further information, contact
Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
www.HPQSilicon.com


Shares outstanding: 222,284,053


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/47244fb1-1442-4f59-beda-59cd01f27054




1   Production Yield is the conversion efficiency of Quartz into Silicon Metal of the process


2   Quartz (SiO2) and carbon


3  Both tests used for the comparison were done under similar operational conditions 



Picture 1. Largest Individual Silicon Nuggets per testing stage




 



on the left with Gen1, in the middle with Gen2 and on the Right with Gen2 after modification


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8020 Admin

4 months

8020 Admin posted a press release Gen2 PUREVAP(TM) Testing of Tapping Section of Pilot Plant Design and Subsystems, De-Risking Up-Coming Pilot Plant Trials in HPQ SILICON RESOURCES INC.


MONTREAL, March 05, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX VENTURE:HPQ) (FRANKFURT:UGE) (OTC PINK:URAGF) is pleased to announce the receipt of a progress report from PyroGenesis Canada Inc (“PyroGenesis”) (TSX Venture: PYR) describing continuous development testing of the pilot plant design and reactor related subsystems of the Silicon Melt Drainage (Tapping) part of the process.  This work of the Gen2 PUREVAP™ Commercial Scalability Proof of Concept platform is undertaken in order to minimize the risk of design failure during the pilot plant trials schedule to start mid-2019.


DRAINAGE OF LIQUID SILICON MELT AT THE BOTTOM OF REACTOR (TAPPING) CRITICAL TO PROCESS


Drainage of silicon (tapping) is one of the most important aspects of the process.  Efforts have been made by PyroGenesis to optimize the design of the melt drainage subsystems of the pilot plant.  In order to test design efficiency and to generate computational studies to predict the tapping behaviour of liquid silicon in the Gen3 pilot plant, a few silicon melting and tapping tests using GEN2 reactor have been conducted to date.


SIMULATED TAPPING DONE USING GEN2


To simulate the tapping process of the pilot plant unit, the Gen2 reactor was ramped up to operating parameters with a standard mixture of quartz and carbon introduced at the beginning.  Once the reactor reached operating temperature as-received Si is introduced in the reactor for effective melting.  Once the whole Si mass melted, the tap hole was opened to drain the liquid metal and the data from the test was then used to generate computational studies.


Mr. Bernard Tourillon, President and CEO of HPQ Silicon Resources Inc stated: “We are very happy to show our first ever public picture of the Gen2 in action.  What these tests demonstrate is the incredible versatility of our Gen2 PUREVAPTM QRR platform, highlighting the advancement being made on the project and toward de-risking the mid-2019, Gen3 commercial scalability testing phase”.


Pierre Carabin, Eng., M. Eng., Chief Technology Officer and Chief Strategist of PyroGenesis has reviewed and approved the technical content of this press 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. 


About HPQ Silicon


HPQ Silicon Resources Inc. is a TSX-V listed resource company focuses on becoming a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.


HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.


Disclaimers:


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 on-going 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.


For further information contact
Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
www.HPQSilicon.com


Shares outstanding: 222,284,053 


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0a12fa2b-0337-4107-8531-a2feb7f7c2e3





Picture of Gen2 in action during simulated tapping test



Picture of Gen2 in action during simulated tapping test. Image © PyroGenesis (sensitive section of image deliberately blurred)





 

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8020 Admin

4 months

8020 Admin posted a press release HPQ Latest Gen2 Progress Report Confirms PUREVAP(TM) QRR Ability to Convert Low Purity Quartz Into 4N+ Silicon Metal, in One Step, at Commercial Scale in HPQ SILICON RESOURCES INC.

MONTREAL, Feb. 26, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX VENTURE:HPQ) (FRANKFURT:UGE) (OTC PINK:URAGF) is pleased to announce the receipt of a progress report from PyroGenesis Canada Inc (“PyroGenesis”) (TSX Venture: PYR) describing the latest significant milestones reached during Gen2 testing of the PUREVAP™ Quartz Reduction Reactor (“QRR”).  Key takeaways from the report are summarized bellow.


GEN2 PUREVAP™ TESTS SUCCESSFULLY CONFIRMS THE SCALABILITY OF PUREVAP™ QRR PROCESS


2018 Gen2 PUREVAP™ Commercial Scalability Proof of Concept tests confirmed the PUREVAP™ QRR could operate under a semi-continuous mode (January 15, 2018 release).  Next, additional process improvements and design modifications to Gen 2 were tested, and demonstrated that semi-continuous operation improves the PUREVAP™ QRR Production Yield1.  Scaling up from Gen1 to Gen2 in semi-continuous mode, production yield increased from ~ 1% to 34% (February 15 and April 19, 2018 releases).


99.83% TOTAL IMPURITY REMOVAL EFFICIENCY REACHED DURING GEN2 PUREVAP TESTING


While mostly focussed on testing components and processes for the final design of Gen3 PUREVAP™, the Gen2 testing also demonstrated that production yield is crucial to the final purity of the Silicon Metal (Si) produced by the PUREVAP™.


A Gen2 PUREVAP™ test provided 17.9% production yield and 99.83% total impurity removal efficiency2 compared to a Gen1 test under similar operating conditions, that provided 3% production yield and 97.14 % total impurity removal efficiency.  PyroGenesis3 was able to validate that production yield does play an important role in the impurity removal efficiency of the process and final purity of Si.


Mr. Bernard Tourillon, President and CEO of HPQ Silicon Resources Inc stated: “The one step impurities removal capacity of the PUREVAP™ QRR and its direct impact on the final purity of the PUREVAP™ Si is the key milestone that will allow HPQ, working with PyroGenesis and Apollon Solar, to develop a low cost and green metallurgical process to produce Solar Grade Silicon Metal (SoG-Si).  The fact that, as expected, Gen2 testing replicated and improved Gen1 results is a major milestone that bodes well for the future as we get ready to start, mid-2019, the Gen3 commercial scalability testing phase, aimed at demonstrating the PUREVAP™ QRR commercial potential.”


HPQ PUREVAP™ PATHWAYS TO PRODUCE SOLAR GRADE SILICON METAL PASSES MAJOR MILESTONE


Using data from both Gen1 and Gen2 tests, PyroGenesis repeated the 2017 extrapolation exercise and concluded that, even using low purity feedstock (98.84% SiO2), the carbothermic part of the PUREVAP™ QRR process should allow HPQ to reach the 4N+ Si (99.99+% Si) purity threshold, assuming a production yield of +90% (or commercial scale production yield of traditional Metallurgical Grade Si (MG-Si) smelters (98.5% - 99.5% Si)).


These results exceed 2017 Gen1 base extrapolations that indicated then that the carbothermic part of the PUREVAP™ QRR process could only reach the 3N+ Si (99.9+% Si) threshold using low purity feedstock (98.84% SiO2)4, and furthermore this required a 100% production yield (November 1, 2017 release).


Mr. Bernard Tourillon, President and CEO of HPQ Silicon Resources Inc further stated: “Having a process capable of producing 4N+ Silicon Metal in one step is, according to Apollon Solar, one of the most unique and potentially the greatest advantage of the PUREVAP™ QRR process as we strive to develop a low cost and green metallurgical process to produce Solar Grade Silicon Metal (SoG-Si).”


Pierre Carabin, Eng., M. Eng., Chief Technology Officer and Chief Strategist of PyroGenesis has reviewed and approved the technical content of this press 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. 


About HPQ Silicon


HPQ Silicon Resources Inc. is a TSX-V listed resource company focuses on becoming a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.


HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.


Disclaimers:


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 on-going 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.


For further information, contact


Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
www.HPQSilicon.com


Shares outstanding: 222,284,053




1 Production Yield of the process is the conversion efficiency of Si element in the raw material (i.e. Quartz) into elemental Silicon Metal


2 Capacity of the process to volatize impurities from raw material (Quartz or SiO2 and Carbon) while making Si


3 Pyrogenesis Canada Inc. Technical Memo: “TM-2018-894 REV 00, - Final Report


4 Pyrogenesis Canada Inc. Technical Memo: “TM-2017-830 REV 00, - Final Report-Silicon Metal Purity Enhancement” 

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8020 Admin

5 months

8020 Admin posted a press release HPQ Completes Beauce Gold Fields Plan of Arrangement Spin Out; BGF Shares to Start Trading on the TSX Venture Exchange on February 4, 2019 in HPQ SILICON RESOURCES INC.

MONTREAL, Feb. 01, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to advise shareholders that it has received confirmation from the TSX Venture Exchange that effective at the opening on Monday, February 4, 2019, the common shares of Beauce Gold Fields Inc. (the “Company” or “BGF”) will commence trading on TSX Venture Exchange (the “Exchange”) under the symbol BGF.


BGF was incorporated under the Canada Business Corporation Act on August 1, 2016, primarily for the purpose of carrying out a spinout by way of a plan of arrangement (the “Arrangement”) with HPQ Silicon Resources Inc. (TSXV: HPQ) (“HPQ”), of which the certificate of arrangement was issued on November 23, 2018.


Pursuant to the Arrangement, HPQ completed the disposition of its gold assets (the “Transferred Assets”) to BGFI in consideration of the issuance of an aggregate of 13,350,000 BGFI common shares (the “BGFI Shares”), of which 10,680,000 BGFI Shares were distributed to the shareholders of HPQ.  HPQ distribution notice was accepted pursuant to the Exchange bulletin dated December 18, 2018.


On the day of listing, HPQ will own 2,870,133 shares of BGF, or 15.3% of the outstanding float of BGF.


Mr. Bernard Tourillon, President and CEO of HPQ Silicon Resources Inc stated, “The listing of Beauce Gold Fields on the TSX Venture Exchange is the final step in HPQ plan of arrangement spin out, and we are now happy to have completed this milestone that provided HPQ shareholders shares in BGF, a Company created to showcase the Beauce Gold project, a fantastic but overlooked historical placer gold district. The Beauce is Canada's last underexplored historical placer mining camp. It's similar to the White Gold projects in the Yukon or the Cariboo district in B.C., that were both placer gold mining camps as well, but recently had major gold discoveries as placer to hard rock exploration projects.”


For further information, please refer to the news releases of HPQ-Silicon dated March 11, 2016, May 4, 2016, Sept. 7, 2016, Sept. 16, 2016, March 31, 2017, Feb. 8, 2018, June 13, 2018, Aug. 17, 2018, Oct. 4, 2018, Oct. 11, 2018, Dec. 12, 2018, Dec. 17, 2018, and Dec. 18, 2018.


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. 


About HPQ Silicon


HPQ Silicon Resources Inc. is a TSX-V listed resource company focuses on becoming a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.


HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.


Disclaimers:


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 on-going 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.


For further information, contact


Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.HPQSilicon.com


Shares outstanding: 222,284,053 

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8020 Admin

5 months

8020 Admin posted a press release HPQ Silicon PUREVAP(TM) Project: Milestones and Plans Going Forward in HPQ SILICON RESOURCES INC.

 


MONTREAL, Jan. 24, 2019 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (HPQ) (TSX-V “HPQ”) is pleased to provide investors this corporate overview of the milestones attained since our 2014 entry in the Quartz exploration business and our 2015 decision to become a vertically integrated producer of Solar Grade Silicon Metal through the development of the PUREVAP™ Quartz Reduction Reactor (QRR).  Shareholders and prospective investors are encouraged to review the following information in its entirety to understand the progress made and plans being implemented to transform HPQ into the lowest cost and greenest producer of Solar Grade Silicon Metal, as we commence 2019 with the final assembly of the PUREVAP™ Pilot Plant, “Gen 3” and it’s mid 2019 start-up.


Read all the news here:


https://quotemedia.com/portal/quote/?qm_symbol=HPQ%3ACA&qmodStoryID=6666722750617703 

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