Mr. Murray Payne reports
DYNACERT APPOINTS JEAN-PIERRE COLIN TO THE BOARD OF DIRECTORS
DynaCERT Inc. has strengthened its team with the appointment of Jean-Pierre Colin to the board of directors.
Mr. Colin is a corporate strategy consultant to high-growth publicly listed companies. He has been a recognized senior securities industry executive and effective investment banking professional providing financing and mergers and acquisitions services to numerous prosperous issuers in Canada. As a result of his extensive financial background throughout his career, he has been called to lead teams of corporate finance professionals at national securities dealers, such as Richardson Greenshields, JP Colin Securities, Deacon Capital, Octagon Capital and Desjardins. He has also served as a high-profile corporate board director and C-suite executive of numerous public companies, often chairing audit committees, compensation committees and corporate governance committees, including with Premier Gold Mines; Wolfden Resources, sold to Zinifex for over $350-million; Virginia Gold, whose Eleonore property was sold to Goldcorp for over $1-billion; and Pelangio Mines, the former controlling shareholder of Detour Gold, one of Canada's largest gold-mining operations.
Mr. Colin holds a DCS from McGill University where he studied biology and engineering, an MBA from the University of Western Ontario, a law degree from the University of Ottawa and also practised corporate law prior to his investment-banking profession.
Mr. Colin stated: "I am very pleased to join DynaCERT and commence working closely with my fellow board members and DynaCERT management, especially for the benefit of our numerous shareholders and stakeholders. Jim Payne, our chief executive officer, has accomplished many very enviable milestones for DynaCERT while assembling a remarkable team of experts and he has my full commitment in moving DynaCERT to a successful future."
Mr. Payne stated: "We are privileged to welcome Jean-Pierre Colin to our board. He brings deep expertise and a proven track record in investment banking and corporate governance and well-known for his ethical business acumen."
Option granting
DynaCERT also announces that a total of 3,925,000 options were granted today to its directors, officers, consultants and employees. Of this number, 2.7 million stock options were granted to directors and officers to acquire common shares in the capital of DynaCERT. Options vest immediately and entitles the holder to purchase one common share of the corporation at a price of 80 cents each being exercisable on or before Dec. 16, 2021.
All of the foregoing options and common shares when exercised are subject to applicable securities law hold periods.
About DynaCERT
DynaCERT manufactures, distributes, and installs carbon-emission-reduction technology for use with internal combustion engines.
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