14:58:54 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



DynaCERT Inc
Symbol DYA
Shares Issued 380,512,515
Close 2023-10-18 C$ 0.14
Market Cap C$ 53,271,752
Recent Sedar Documents

DynaCERT to invest in Cipher Neutron

2023-10-19 11:52 ET - News Release

Mr. Jim Payne reports

DYNACERT ANNOUNCES FINANCING AGREEMENT WITH CIPHER NEUTRON

DynaCERT Inc. has agreed with Cipher Neutron Inc. that DynaCERT will invest in Cipher Neutron equity 10 per cent of the net proceeds upon closing of the company's proposed unit offering announced in DynaCERT's press release dated Oct. 16, 2023. Further investments in Cipher Neutron by way of dynaCERT's options to purchase equity in Cipher Neutron, described in dynaCERT's Press Release dated February 22, 2023, remain in place.

Gurjant Randhawa, CEO of Cipher Neutron, stated, "Cipher Neutron is pleased to have dynaCERT confirm its interest in working with Cipher Neutron. Our AEM Green Hydrogen Electrolysers continue to garner global interest. Our close collaboration relationship with dynaCERT provides Cipher Neutron with R&D labs and state-of-the art equipment, a semi-automated assembly line to meet global demand of our commercial products, and the marketing reach of dynaCERT in the worldwide hydrogen space."

Jim Payne, CEO of dynaCERT, stated, "At dynaCERT we are proud to be working with Cipher Neutron towards the establishment of commercial AEM Green Hydrogen Electrolysers to be made available to the global Multi-Megawatt and Gigawatt hydrogen projects for deployment in the next several decades. As the world economy moves towards lower GHG emissions, Cipher Neutron's AEM Green Hydrogen Electrolyser Technology is designed to provide users lower cost production of clean Green Hydrogen where pressurized applications are important."

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica(TM) Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, which has shown to lower carbon emissions and improve fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment. Website: www.dynaCERT.com.

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