– CANADA, Montreal – PyroGenesis Canada Inc. (TSX: PYR | NASDAQ: PYR | FRA: 8PY) today announced the appointment of Nannette Ramsey to its Board as an independent director.
PyroGenesis is a high-tech company, that designs, develops, manufactures and commercializes plasma atomized metal powders, environmentally-friendly plasma waste-to-energy systems and clean plasma torch products.
“Ms. Ramsey’s extensive manufacturing experience is a valuable addition to the Board. I am pleased to welcome her on behalf of the Board as an independent director,” said CEO and Board Chair, Peter Pascali. “Her strong experience combined with her extensive engineering expertise also fits well with the Company’s next stage of growth. We are looking forward to Ms. Ramsey’s insights and perspectives during this exciting time in the Company’s evolution.”
The company also announced that Ben Simo joined as CFO.
“I am also pleased to welcome Ben as PyroGenesis’ CFO,” added Peter Pascali. “His broad financial expertise, combined with his experience in manufacturing and high-tech companies, is a welcome addition to the PyroGenesis family. Ben will help us execute, and further develop, our growth strategies. As the Company will no longer need an interim CFO, Mr. Michael Blank will be stepping down from his role at PyroGenesis. The Company and its Board of Directors thank him for his contributions, and wish him all the best in his future endeavors.”
About Nannette Ramsey
Ms. Ramsey holds undergraduate degrees in Economics, Engineering and an MBA. She brings manufacturing experience from Caterpillar Tractor Company, J.I. Case and more recently served as the Site Manager and Associate Director of Engineering for Edgewood Chemical Biological Center’s site at the Rock Island Arsenal in Illinois. She was responsible for strategic planning, budgeting, engineering support and testing, quality assurance and information technology solutions to a variety of customers. The Company has granted Ms. Ramsey stock options to acquire 200,000 common shares of the Company with an exercise price of $6.59 per common share, and which are exercisable over a period of five (5) years. The options are granted in accordance with the Company’s stock option plan.
About Ben Simo
Mr. Simo has more than 20-years of experience in finance with manufacturing and high-tech companies, including publicly traded companies, in Canada. He holds an MBA as well as Canadian-based professional accountant designations. Mr. Simo brings his extensive experience in corporate finance, operational finance, accounting, taxation and financial reporting to the Company as he will be overseeing the finance/accounting departments while contributing to the execution of the Company’s strategic plan.
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 products. The Company provides its engineering and manufacturing expertise and its turnkey process equipment packages to customers in the defense, metallurgical, mining, advanced materials, and environmental industries. With a team of experienced engineers, scientists and technicians working out of its Montreal office and its 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The Company’s core competencies allow PyroGenesis to provide innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. PyroGenesis’ operations are ISO 9001:2015 and AS9100D certified.
For more information : https://www.pyrogenesis.com/
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