07:11 AM EDT, 05/21/2024 (MT Newswires) -- PyroGenesis Canada Inc. ( PYRGF ) , a high-tech company that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, announced Tuesday that its wholly-owned subsidiary Pyro Green-Gas Inc. and certain related persons have settled all ongoing legal proceedings involving Gas RNG Systems Inc. and certain related persons.

According to a statement, the settlement was concluded on a no-fault basis and results in the payment of US$1.1 million (approximately C$1.5 million) to the PGG Parties, with all parties to the proceedings providing full and final releases.