HPQ Silicon announces private placement offering up to $3 million

HPQ Silicon Inc. (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08) announced a non-brokered private placement offering of up to 18,181,819 units at $0.165 CAD per unit for aggregate gross proceeds of up to approximately $3 million CAD.

Each unit consists of one common share and one non-transferable warrant. The warrants will be exercisable to acquire one common share at $0.25 CAD for 24 months from the closing date. The company may pay cash commissions of up to 6% of gross proceeds and issue finder's warrants of up to 6% of the total units issued to eligible finders.

The Montreal-based advanced materials technology company stated the net proceeds will be used for general working capital purposes, accelerating execution of its Silicon-Based Battery Material pilot plant project announced in September 2025, and continuing development of hydrogen-based projects.

The units are being offered to purchasers outside of Canada pursuant to exemptions from prospectus requirements under Ontario Securities Commission Rule 72-503 and regulation 45-106. Securities issued under OSC 72-503 will not be subject to resale restrictions unless resold to Canadian residents or in Canada.

The offering is not considered a Related Party Transaction under Multilateral Instrument 61-101 and is subject to final acceptance by the TSX Venture Exchange.

HPQ Silicon develops processes for producing high-purity silicon and silica used in energy storage, electronics, and industrial applications. The company partners with Novacium on silicon-based anode materials for batteries and holds exclusive North American rights for clean-hydrogen and waste-to-energy technologies.

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