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Has signed a binding Letter of Intent (LOI), which outlines the terms and conditions pursuant to which PyroGenesis would acquire AirScience Technologies Inc for $4.8 million. The LOI is binding on AST, but it is only binding on PyroGenesis if in its sole opinion, it is satisfied with the final due diligence currently in progress. The option to satisfy the Purchase Price in shares or cash is at the sole discretion of the buyer, and will only be made on, or about, final closing. PyroGenesis Canada Inc. shares T.PYR are trading down $0.12 at $6.17.