HPQ Silicon Announces Non-Brokered Private Placement Offering of up to $3M
MWN-AI** Summary
**HPQ Silicon Announces $3 Million Private Placement Offering**
On February 23, 2026, HPQ Silicon Inc. revealed a non-brokered private placement aimed at raising up to $3 million CAD through the sale of 18,181,819 units, priced at $0.165 CAD each. Each unit will consist of one common share and a non-transferable common share purchase warrant, allowing investors to acquire an additional common share at $0.25 CAD for a period of 24 months following the offering's close.
The funds garnered from this private placement are earmarked for various strategic initiatives. These include bolstering general working capital, accelerating the company's Silicon-Based Battery Material pilot plant project—an endeavor previously announced in September 2025—and further developing HPQ’s hydrogen-based projects.
Eligible finders could receive a cash commission of up to 6% of the gross proceeds and warrants equating to 6% of the total units sold. The offering intends to attract purchasers outside of Canada, exempt from certain prospectus requirements under Ontario Securities Commission regulations, thus enabling a broader investment base.
HPQ Silicon Inc., headquartered in Quebec and listed on the TSX Venture Exchange, is committed to advanced materials technology, specifically focusing on low-emission processes for high-purity silicon and silica production. Partnering with Novacium, the company is making strides in creating next-generation silicon-based anode materials for batteries while also advancing clean-hydrogen solutions and waste-to-energy technologies.
This offering is subject to final approval from the TSX Venture Exchange, and the securities will not be registered under U.S. laws, limiting their sale within the United States without proper registration or exemption. For further details, stakeholders are encouraged to visit the company’s official website and consult related risk factors outlined in its Annual Information Form available on SEDAR+.
MWN-AI** Analysis
HPQ Silicon Inc.’s announcement of a non-brokered private placement of up to $3 million CAD signals a strategic opportunity for investors looking to enter the advanced materials technology sector. The offering consists of nearly 18.2 million units at a price of $0.165 CAD each, with the units comprised of one common share and a warrant exercisable at $0.25 CAD within 24 months. This valuation seems attractive, particularly for investors who have confidence in HPQ’s growth trajectory and its innovative processes in silicon and silica production.
The proceeds from the private placement will primarily support the acceleration of HPQ’s Silicon-Based Battery Material pilot plant and the development of hydrogen-based projects. Given the increasing global demand for energy storage and clean hydrogen solutions, HPQ is positioned to benefit significantly as it addresses two major needs of the market—sustainable energy storage solutions and renewable energy production. This dual approach aligns with global net-zero ambitions, potentially enhancing HPQ’s competitiveness in the rapidly evolving market landscape.
Investors should consider that this offering is not being marketed in the U.S., limiting immediate accessibility for U.S. investors. However, the absence of resale restrictions for international purchasers could stimulate participation in the offering from non-Canadian investors, possibly enhancing liquidity in the future.
On the technical front, investors need to weigh HPQ’s innovative potential against the inherent risks in executing its ambitious projects. Delays or regulatory challenges could impact the roll-out of its technologies. With this backdrop, while the current valuation may present a buying opportunity, prospective investors should remain vigilant about the execution risks and monitor HPQ’s operational milestones closely to gauge the viability of their investment as the company advances its tech in high-demand markets.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
MONTREAL, Feb. 23, 2026 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), an advanced materials technology company developing innovative, low-emission processes for the production of high-purity silicon and silica used in energy storage, electronics, and industrial applications, is pleased to announce a non-brokered private placement (the “Offering”) of up to 18,181,819 units (each, a “Unit”) at a price of $0.165 CAD per Unit for aggregate gross proceeds of up to approximately $3 million CAD.
Each Unit consists of one common share of the Company (each, a “Common Share”) and one non-transferable Common Share purchase warrant (each, a “Warrant”). Each whole Warrant will be exercisable to acquire one Common Share of the Company at an exercise price of $0.25 CAD for a period of 24 months from the closing date of the Offering. The Company may compensate certain eligible finders under the Offering and may pay a cash commission of up to 6% of the gross proceeds and issue such a number of finder’s warrants of up to 6% of the total number of Units issued.
The net proceeds of the Offering are intended to be used for: (i) general working capital purposes; (ii) accelerating execution of the Company’s Silicon-Based Battery Material pilot plant project, announced on September 11, 2025; and (iii) continuing the development of the Company’s hydrogen-based projects.
The Units under the Offering are being offered to purchasers outside of Canada pursuant to an exemption from the prospectus requirement available under Section 2.3 of Ontario Securities Commission Rule 72-503 – Distributions Outside Canada (“OSC 72-503”) and any exemptions available under regulation 45-106, and accordingly, the securities issued pursuant to OSC 72-503 will not be subject to resale restrictions, unless resale to the benefit of Canadian resident or in Canada. The Offering is not a Related Party Transaction as defined by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) and therefore is not subject to TSXV Policy 5.9. The Offering is subject to final acceptance of the TSXV.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities law, or an exemption from such registration requirements is available
About HPQ Silicon
HPQ Silicon Inc. is a Quebec-based TSX Venture Exchange industrial issuer (TSX-V: HPQ) focused on innovation in advanced materials and critical process development. In partnership with its research and development partner Novacium—of which HPQ is a shareholder—the Company is advancing next-generation silicon-based anode materials (Gen3) for batteries, commercializing its ENDURA+ lithium-ion cells, and developing breakthrough clean-hydrogen and waste-to-energy technologies, for which HPQ holds exclusive North American rights.
HPQ is also pursuing proprietary technologies to become a low-cost, zero-CO? producer of fumed silica and high-purity silicon, with technical support from PyroGenesis Inc. Together, these initiatives position HPQ to capture growth opportunities in the energy storage, clean hydrogen, and advanced materials markets essential to achieving global net-zero goals.
For more information, please visit HPQ Silicon web site.
On Behalf of the Board of Directors:
Bernard J. Tourillon, Chairman, President, and CEO
Tel +1 (514) 846-3271
Email: [email protected]
Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking statements. These statements rely on assumptions about technology performance, market demand, permits, financing, supply chains, and economic conditions but remain subject to significant risks, including delays, regulatory challenges, competition, pricing, financing availability, and macroeconomic uncertainties. Actual outcomes may differ materially from expectations. Detailed risk factors are outlined in HPQ’s Annual Information Form available on SEDAR+. Forward-looking information is provided solely to outline management’s future expectations and objectives.
A more detailed cautionary note regarding forward-looking information related to the HPQ Fumed Silica Reactor project is available for download [here], the HPQ Endura+ batteries project is available for download [here], and METAGENE™ technology is available for download [here].
Further information regarding the Company is available in the SEDAR+ database (www.sedarplus.ca), and on the Company’s website at: http://www.hpqsilicon.com/
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release is available on the company's CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
Source: HPQ Silicon Inc.
FAQ**
How does HPQ Silicon Inc. plan to utilize the funds raised from the private placement of HPQ-Silicon Resources Inc HPQFF to accelerate its Silicon-Based Battery Material pilot plant project?
What specific milestones does HPQ Silicon Inc. aim to achieve in its hydrogen-based projects with the net proceeds from the HPQ-Silicon Resources Inc HPQFF Offering?
Can you provide more details on the partnership with Novacium and how it will impact the development of advanced materials at HPQ Silicon Inc, particularly regarding HPQ-Silicon Resources Inc HPQFF?
What are the anticipated risks related to the forward-looking statements made by HPQ Silicon Inc. in connection with HPQ-Silicon Resources Inc HPQFF, especially concerning market demand and regulatory challenges?
**MWN-AI FAQ is based on asking OpenAI questions about HPQ-Silicon Resources Inc (OTC: HPQFF).
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