This post contained information regarding the Company’s recently announced non-brokered private placement (the “private placement”). More specifically, the post contained details about the private placement that had been previously released, however it also contained a sentence that “… (the Company’s ongoing private placement) has been oversubscribed bringing in between $7.5-$8.0 million to the company…”. While the Company had previously announced, on October 1, 2025, its intention to conduct this non-brokered private placement, with a potential funding of approximately $5 million, the private placement is currently ongoing, and neither a statement of oversubscription, nor a suggestion that the private placement is complete, can be formally, nor accurately, stated at this time. PyroGenesis’ shares trade on the TSX (PYR), OTCQX (PYRGF), and Frankfurt (8PY1) stock exchangesCautionary and Forward-Looking StatementsThis press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable securities laws. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements.