Developing Processes For The Low-Cost Manufacturing Of High Purity Silicon Metals For Next-Generation Lithium-ion Batteries

Achieved final critical milestones, completing a successful silicon pour

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Message: Up-date

Fellow investors,

I am getting the impression that some are becoming nervous about the market action on our share price since we announced the Government and PyroGenesis financing on August 13, 2018. 

The underlying question being, why are people selling at these prices, giving up there share of the gold project, when the government and Pyro invested at $0.12?

To that question, your answers are as pertinent as mine... but there are many reasons why investors sell, and few why they buy...

While limited in what I can say, let me at least address one reason that may be causing this anxiety, lack of updates on the Purevap project.

Let me start by confirming that nothing emanating from our testing make us believe that we will not be able to attain our goal of producing a cheap and green solar grade Si.  (Understand that if such a thing would have occurred we would have been obligated to press release it).

The fact is that we are back again at this very unpleasant phase where we have long quiet periods as we are building the equipment.  These are periods were for HPQ, no news is good news, while for many investors, no news is assumed to mean bad news.  We went through such a phase in 2015, between our news about starting the work in September 2015 and December 2015, and we all remember what happened at the start of 2016 to HPQ share price.

I really believe that as we continue to advance our project, issue up-dates on tangible results, and present our story to new investors, we will be in a position to create reasons to buy our shares.

Be certain that when I have the material for an update, I will be issuing a release.

Regards

Bernard Tourillon 

CEO

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