Mr. Jim Payne reports

DYNACERT RECEIVES OVER $2,900,000 OF SUBSCRIPTIONS TOWARDS THE FIRST TRANCHE OF ITS NON-BROKERED PRIVATE PLACEMENT

DynaCERT Inc. has received subscriptions for an initial tranche of $2,900,783, or 19,338,554 units, of its non-brokered private placement of up to 40 million units previously announced on Oct. 16, 2023. Each unit is priced at 15 cents per unit for a total maximum offering of $6-million.

Each unit consists of one common share of the company and one-half of a common share purchase warrant. Each whole warrant is exercisable into one common share at an exercise price of 20 cents per warrant at any time for a period commencing upon the closing of the offering and for a period of 36 months thereafter.

If at any time after the date that is four months and one day after the closing date, the closing trading price of the common shares on the Toronto Stock Exchange is greater than 35 cents per common share for a period of 10 consecutive business days, then the company may give notice thereof to the holders of the warrants, and, in such case, the expiry time of the warrants shall be accelerated and shall be the 30th day after the date on which such notice is deemed to have been given by the company.

The offering is being offered for sale to purchasers: (i) in all provinces of Canada pursuant to available private placement exemptions; (ii) in the United States on a private placement basis pursuant to available exemptions from the registration requirements under the United States Securities Act of 1933, as amended; and (iii) in offshore jurisdictions as may be agreed to by the company pursuant to available prospectus or registration exemptions in accordance with applicable laws.

The units (and underlying securities) are subject to a statutory hold period that will extend four months plus one day from the closing date.

An insider has purchased an aggregate of $150,000, or one million units, under the first tranche of this offering. Such subscription is considered to be a related-party transaction and is therefore subject to the provisions of Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions, however, exemptions are available from the minority shareholder approval and valuation requirements set forth in the foregoing Multilateral Instrument. No commissions are payable in respect of the first tranche of the offering.

About DynaCERT Inc.

DynaCERT manufactures and distributes carbon emission reduction technology along with its proprietary HydraLytica telematics, a means of monitoring fuel consumption and calculating greenhouse gas 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, the company's 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. DynaCERT's technology is designed for use with many types and sizes of diesel engines used in on-road vehicles and reefer trailers and off-road construction, power generation, and mining and forestry equipment.

We seek Safe Harbor.