HPQ Silicon Announces Private Placement to Raise CAD 3 Million

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.

HPQ Silicon Resources Inc. has announced a strategic move to enhance its financial position through a non-brokered private placement aimed at raising up to CAD 3 million. This initiative is key to supporting the ongoing development of its innovative technologies and expanding its operational endeavors. The funds raised from this placement are intended to bolster HPQ Silicon's efforts in the silicon market, particularly as the company focuses on producing high-quality silicon materials essential for a variety of applications, including renewable energy solutions.

The private placement will involve the issuance of units, with each unit comprising one common share and one common share purchase warrant of the company. Investors will have the opportunity to purchase shares at a set price, with the goal of using the capital raised to fund projects aimed at enhancing the technological capabilities and market reach of HPQ Silicon.

HPQ Silicon's management has expressed optimism regarding the potential success of the private placement, highlighting the growing investment interest in companies that focus on sustainable and environmentally-friendly technologies. By securing additional capital, HPQ aims to accelerate its growth and remain competitive in the rapidly evolving silicon industry.

Moreover, the financing effort is also a critical step reflecting the company's broader strategic objectives. The funding will not only assist in current operational needs but also provide financial flexibility for future opportunities, including possible collaborations and advancements in technology development.

HPQ Silicon is positioned to leverage this funding effectively, particularly within the contexts of emerging markets for silicon-based products, which are increasingly crucial due to the transition towards greener energy solutions and technologies.