Mr. Jim Payne reports

DYNACERT CONGRATULATES TEAM HOLESHOT COMPETITION FOR ITS SUCCESS AT THE DAKAR 2024 CLASSIC EVENT RACE AND ANNOUNCES EXTENSION OF NON-BROKERED PRIVATE PLACEMENT

DynaCERT Inc. has congratulated Team Holeshot Competition of France for achieving the third place in the truck category of the Dakar 2024 Classic Event Race. Congratulations for this great achievement also goes to Alexandre Lemeray, Fabien Lecaplain and Jean-Baptiste Lecot.

The Dakar Classic Rally is a very demanding off-road race that reveals the capacity of the competitors for resistance in long-distance stages in the desert. The French team's No. 915 MAN Dakar Classic Rally race truck was fitted with a DynaCERT HydraGEN HG1 unit that is designed to provide hydrogen and additional oxygen to the truck's engine. See press release of Nov. 24, 2023.

Alexandre Lemeray, the driver of Team Holeshot competition, stated: "The HydraGEN unit ran very well during close to 8,000 kilometres of the race. Team Holeshot competition demonstrated the performance of DynaCERT's on demand hydrogen production units in an environment facing hot weather, hard impacts and vibrations, sand, shocks, unusual angles, and in a demanding operational mode."

Jim Payne, president and chief executive officer of DynaCERT, stated: "Congratulations to the entire team in and behind the scenes. It is a real accomplishment just to finish this race, let alone coming in third place on the podium. DynaCERT is delighted with the reliability of the HydraGEN unit. Also, a proof positive for DynaCERT's HydraGEN technology to withstand such a brutal and rigorous stress test. A real win/win for all."

Extension of non-brokered private placement

DynaCERT is pleased to announce that it has obtained the approval of the Toronto Stock Exchange (TSX) to extend its non-brokered private placement of units for a further 30 days, as the company is continuing to procure subscriptions and further expressions of interest to participate in the offering. One or more additional tranches of the offering may be completed. To date, the total gross proceeds from the company's offerings of units in December, 2023, at a price of 15 cents per unit is $3,855,233. Each unit is priced at 15 cents per unit for maximum aggregate proceeds from unit issuances of $6-million. All dollar values are in Canadian dollars.

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 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.

Subject to applicable securities regulations, the company may pay finders' fees consisting of up to 5-per-cent cash and 5-per-cent dealer warrants in connection with the offering. The dealer warrants shall be exercisable into one unit at an exercise price of 18 cents per unit for a period of 24 months after closing.

All of the securities issued under the offering (including all underlying securities) will be subject to a statutory hold period that will extend four months plus one day from the applicable closing date.

The gross proceeds of the offering will be used to finance sales of the company's HydraGEN technology products to participants in the mining, oil and gas, transportation, and generator sectors on a global basis, for working capital and debt repayment, for general corporate purposes, an equity investment in Cipher Neutron Inc., and to settle advisory fees and permitted finders' fees under applicable securities legislation, including advisory fees payable to Canaccord Genuity Corp., a financial adviser to the company.

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 GHG (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, its 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. The company's 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.

We seek Safe Harbor.