Over a year ago, P. Peter Pascali, President and Chief Executive Officer of PyroGenesis Canada Inc. (TSXV:PYR) said,"our intention to start producing speciality powders for the Additive Manufacturing Industry and, as noted herein, we are on schedule for powder production in Q1 2017. This original announcement garnered such interest that it became apparent that PyroGenesis shareholders might best be served by spinning off this capability; a spin-off would be less complicated to analyze for investors while providing a clear, well defined, entity with which joint ventures, or even an acquisition could more easily be considered."