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PyroGenesis Announces Closing of Private Placement; Oversubscribed by Over 130%

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MONTREAL, QUEBEC--(Marketwired - July 26, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX VENTURE:PYR), a company (the "Company" or "PyroGenesis") that designs, develops and manufactures plasma waste-to-energy systems and plasma torch systems, is pleased to announce today that it has completed its previously announced private placement which has been oversubscribed by 133%. The Company issued and sold an aggregate amount of 6,131,579 units of the Company (the "Units") at a price of $0.19 per Unit, for gross proceeds of $1,165,000 to the Company (the "Private Placement"). Each Unit...

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