12:46 PM EDT, 06/19/2025 (MT Newswires) -- HPQ Silicon ( HPQFF ) on Thursday fell closed a non-brokered private placement financing for proceeds of $0.57 million .

The company said it sold 3.16-million units priced at $0.18 each and made up of a share and a four-year warrant to buy a second share for $0.25.

Chief executive Bernard Tourillon said financing provides HPQ with a "solid foundation to capitalize on the larger opportunities we are actively pursuing".

The company also completed the debt settlement announced on June 12, issuing 565,000 units at $0.18 per unit to settle invoices totaling $101,700.

Shares of the company were last seen down $0.005 at $0.175 on the TSX Venture Exchange.

Price: 0.18, Change: -0.01, Percent Change: -2.78