PyroGenesis Announces Closing of Non-Brokered Private Placement

MONTREAL, March 26, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis” or “the Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces today that further to its recent press release [ dated Ma r ch 9, 2026 ], the Company has closed the previously announced non-brokered private placement (the “Private Placement”). The Private Placement was oversubscribed and sold 3,654,537 units (the “Units”) at a price of $0.54 per Unit, for gross proceeds of $1,973,450.