Mr. Jim Payne reports
DYNACERT GRADUATES TO THE TORONTO STOCK EXCHANGE
DynaCERT Inc. has received final approval to list the company's common shares on the Toronto Stock Exchange.
Effective at market open on Tuesday, July 7, 2020, the common shares of DynaCERT will commence trading on the Toronto Stock Exchange under the same symbol, DYA, and will concurrently be delisted from the TSX Venture Exchange.
In addition, the 6,152,500 warrants issued as part of the recent upsized $8,367,400 underwritten prospectus financing (see press release dated June 18, 2020) at an exercise price of $1 per share expiring June 18, 2022, will also be listed effective market open on July 7, 2020, on the Toronto Stock Exchange and trade under the symbol DYA.WT.
The Toronto Stock Exchange is the premier stock exchange in Canada for established companies, offering enhanced visibility, liquidity and access to capital.
DynaCERT believes that a Toronto Stock Exchange listing is a consistent next step in the company's progression, which should facilitate access to a broader range of investors as well as provide exposure to larger pools of capital, including long-term institutional investors and large investors abroad such as in the United States and Europe.
The company's common shares continue to be listed in the U.S. on the OTCQX Best Market under the symbol DYFSF and on ATS platforms in Canada. In Europe, the company's common shares trade under the symbol DMJ on the following exchanges and trading platforms: Borse Stuttgart, Borse Berlin, Borse Dusseldorf, Frankfurter Wertpapierborse, Borse Hamburg, Borse Hannover, Borse Munchen, LS Exchange and Tradegate.
Jim Payne, DynaCERT's president, chief executive officer and director, stated: "Our unique hydrogen-based innovation provides carbon emissions reduction technology while at the same time reducing fuel consumption. With future carbon credits, applicable throughout every diesel engine worldwide, we are attracting international investor attention and are very pleased to graduate to the prestigious Toronto Stock Exchange. This valued Canadian recognition as a growing ESG company is yet another major step forward in our global developments."
On July 8, 2020, the company will issue 200,000 common shares regarding a legal settlement at a deemed price of 71 cents per share. The company has granted today 5.41 million options to its employees, consultants, senior officers and directors, each option exercisable into one common share at 70 cents for a period of five years.
About DynaCERT Inc.
DynaCERT manufactures and distributes carbon emission reduction technology 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, resulting in lower carbon emissions and greater fuel efficiency.
We seek Safe Harbor.
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