MONTREAL, Canada — HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQB: HPQFF) (FRA: 8PY1), a technology company developing next-generation processes for advanced material manufacturing announces that, further to its press releases dated April 30 and May 2, 2025, the Corporation filed its formal response on May 5, 2025, to the clarification requests issued by the Autorité des marchés financiers (AMF).
This submission is expected to satisfy the AMF’s outstanding requirements and represents a key step toward the lifting of the Temporary Cease Trade Order (CTO).
The Corporation confirms that no proceedings against it exist as of the date of this press release and that no other material information concerning its affairs has not been generally disclosed as of the date of this press release.
The Company also wishes to inform its shareholders that, as of April 30, 2025, it has signed an amendment to the shareholders’ agreement with the other shareholders of Novacium. Under this amendment, effective July 1, 2025, the monthly payments HPQ makes to Novacium will increase from €80,000 to €100,000.
HPQ Silicon is a Quebec-based TSX Venture Exchange Tier 1 Industrial Issuer. With the support of world-class technology partners PyroGenesis Canada and NOVACIUM SAS, the company is developing new green processes crucial to make the critical materials needed to reach net zero emissions.
