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HPQ Silicon Inc and Quebec Silica Resources Corp Sign Memorandum of Understanding, Canadian Business Journal

MONTREAL, September 14, 2022 (GLOBE NEWSWIRE) — HPQ Silicon Co., Ltd. (“HPQ” or “we”) (TSX-V: HPQ) (OTCQX: HPQFF) (FRA: O08) is an innovative silicon solutions and technology developer, Quebec Silica Resources Corporation (CSE: QTZ) (“QTZ”). This his MOU concerns the procurement of quartz materials from QTZ’s Charlevoix Silica Project to his HPQ for testing and evaluation purposes.

Evaluation of potential suppliers of quartz raw materials
The QTZ Charlevoix Silica Project represents an interesting potential quartz raw material opportunity for HPQ due to its proximity to an active silica mining operation (Sitec Canada Inc) and the Silica Ridge Silica project. Under the terms of the MOU, QTZ will supply HPQ with silica materials that meet HPQ’s specifications and requirements for testing at HPQ. GEN3 Pure BopTMsQuartz Reduction Furnace (QRR)Under the MOU, if the material provided by QTZ produces a commercially viable “finished product” for use by HPQ, the parties will negotiate a final procurement agreement. Either party may terminate the MOU after 12 months without liability or liability to the other party.

“HPQ’s value proposition was born out of leveraging the innovation potential of silicon and silica materials. manufacturing and Product commercialization Silicon, fumed silica and nano-silicon materials needed for continuous evolution ESG-compliant business environment. As the formulation of a commercial production plan draws near, Securing access to quartz raw materials for silicon and silica projects will be another much-needed check mark. ” Said Bernard Tourillon, HPQ Silicon I President and CEONC“This MOU will give HPQ the opportunity to address quartz raw material issues while focusing on technology development, while QTZ will be able to focus on quartz resource development. It allows us to make efficient use of our valuable resources, creating a win-win scenario.”

About Quebec Silica Resources Corporation
Québec Silica is a mineral exploration company focused on the acquisition and exploration of mineral resource properties, with an emphasis on the Charlevoix Silica property located near St-Urbain, Quebec, Canada. Québec Silica’s goal is to explore, develop and deliver silica resources for the new green economy, including silicon lithium batteries, solar silicon, telecommunications and optics, and biomedical applications.

About HPQ Silicon Inc.
HPQ Silicon Co., Ltd. (TSX-V: HPQ) Silica (SiO2) and silicon (Si)-based solutions, developing a unique portfolio of high value-added silicon (Si) products sought after by battery and electric vehicle manufacturers, among other industries.

Silicon (Si), also known as silicon metal, is one of today’s key strategic materials needed for the decarbonization of the economy and the renewable energy revolution (“RER”). However, silicon does not exist in a pure state and must be extracted from quartz (SiO).2) What has historically been a capital and energy intensive process.

When PyroGenesis Canada Inc.HPQ is under development:

  1. of Pure BopTMs“Quartz Reduction Furnace” (QRR)a revolutionary process (patents granted in the U.S., pending in other jurisdictions) that use quartz (SiO2) to high-purity silicon (Si) with reduced cost, energy input, and carbon footprint, and propagate its considerable renewable energy potential..
  2. Through our wholly owned subsidiary HPQ NANO Silicon Powders Inc., Pure BopTMsNano Silicon Reactor (NSiR)) is a new and unique process that can use materials produced by QRR as raw materials and can produce a wide range of nano/micro spherical powders and nanowires with different sizes.
  3. Through its second wholly owned subsidiary, HPQ Silica POLVERE Inc., HPQ is developing new plasma-based processes. This allows direct conversion of quartz to fumed silica, eliminates the use of hazardous chemicals and eliminates hydrogen chloride in the production of fumed silica. gas associated with its manufacture (HCI).

HPQ is also a technology development company interested in developing hydrogen-based ventures that could complement QRR’s efforts. HPQ now evaluates two different approaches to achieving this goal.

  1. Cooperation with Swiss-based company EBH2 Systems SAS describes a unique process for producing green hydrogen through electrolysis,
  2. Developed HPQ’s unique process to produce hydrogen by hydrolyzing the nano-silicon material produced by our company Pure BopTMs(NSiR).

For more information, see: HPQ Silicon website.

Disclaimer:

This press release contains the words “may,” “plan,” “intend,” “estimate,” “continue,” “forecast,” “intend,” and “expect.” It contains certain forward-looking statements, including but not limited to. , “ongoing,” and other similar expressions that constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect our current expectations 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. This includes, but is not limited to, our expectations regarding the acceptance of our products by the market, our strategies for developing new products and enhancing the capabilities of existing products, and our strategies for research and development. It will not be. , the impact of competitive products and pricing, new product development and uncertainties related to the regulatory approval process. Such statements reflect the Company’s current views regarding future events and are subject to certain risks and uncertainties, as well as others, which are detailed from time to time in the Company’s ongoing filings with securities regulators. subject to the risk of Submission documents can be found at www.sedar.com. Actual results, events and performance may vary materially. Readers are cautioned not to place undue reliance on these forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this release.

This news release is the company’s CEO Verified Discussion Forumis a social media platform that enables cultural discussion and Q&A between managers and shareholders.

sauce: HPQ Silicon Co., Ltd.

For more information, please contact:
Bernard J. Tourillon, Chairman, President and CEO Phone +1 (514) 907-1011
Patrick Levasseur, CEO Special Counsel Phone: +1 (514) 262-9239
Email: [email protected]

HPQ Silicon Inc and Quebec Silica Resources Corp Sign Memorandum of Understanding, Canadian Business Journal
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HPQ Silicon Inc and Quebec Silica Resources Corp Sign Memorandum of Understanding, Canadian Business Journal

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