Canadian silicon solutions provider HPQ Silicon increases equity by more than $4.4M CAD

In this video, we interview HPQ Silicon President and CEO Bernard Tourillon on the company’s latest press release:
« HPQ Silicon Strengthens Its Balance Sheet And Solidifies Its Position As An Innovative Manufacturer Of Silicon Materials For Lithium-ion Batteries. »

HPQ achieved this through a series of financial transactions with Investissement Québec (IQ) that include:

1. An increase of $2,325,000 in the Company’s liquidity through the exercise of 15,000,000 warrants;
2. A reduction of $2,076,984 in Company debt through the early conversion of a $1,800,000 convertible debenture and the payment in shares of $276,984 of accrued interest related to the debenture.

Note: a French version of this interview is available here.

This video was produced and published by PVBuzz Media. It was originally published on our YouTube channel.

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