HPQ Silicon Inc. Announces Director Retirement and Strategic Commercial Expansion

HPQ Silicon Inc. (TSX‑V: HPQ, OTCQB: HPQFF, FRA: O08) disclosed that Director Noëlle Drapeau, who has served on the board since June 2008, has retired from the company’s board of directors effective July 10, 2026. The company noted that Ms. Drapeau contributed to the board for 17 years, participating in the audit committee and guiding the company’s transformation from a mining explorer into a technology provider of advanced silicon materials and next‑generation industrial processes. Her retirement will create a vacancy that the board intends to fill in accordance with its governance procedures.

In parallel with the board change, HPQ Silicon announced on July 13, 2026 that it and Novacium SAS have strengthened their commercial and business‑development teams. The expansion includes the addition of a senior business‑development executive with operational experience in the French Special Forces, as well as a strategic partnership with Offset Links. This initiative is designed to:

  • Support Novacium’s shift from technology development toward increased market engagement and commercial activities across selected industrial and defence markets in Canada, the United States and Mexico.
  • Enable HPQ to leverage Novacium’s technologies for broader commercial deployment, particularly in defence‑related and high‑performance industrial applications.
  • Expand HPQ’s presence beyond France, identifying and pursuing opportunities in additional industrial and defence segments.

The company highlighted that the combined expertise of HPQ and Novacium will enhance the identification of potential opportunities in these markets, reinforcing the company’s position as a technology innovator in advanced materials and industrial processes.

Financial and market context: As of July 9, 2026, HPQ’s share price stood at CAD 0.16, within a 52‑week range of CAD 0.14 to CAD 0.24. The company’s market capitalization was CAD 73,070,416, and its price‑to‑earnings ratio was 1.93. HPQ Silicon remains listed on the TSX Venture Exchange and serves customers worldwide through its website at www.hpqsilicon.com .