Mr. Jim Payne reports

DYNACERT ANNOUNCES OVER-SUBSCRIBED OFFERING AND CLOSING OF $5,250,000 PRIVATE PLACEMENT

DynaCERT Inc.'s previously announced offering of units for aggregate gross proceeds of $4.6-million (see Feb. 15, 2019, press release) has been oversubscribed. Accordingly, the offering size has been increased to $5.25-million and the company has closed upon this increased amount.

Upon closing, the company has issued an aggregate of 21 million units at a price of 25 cents per unit. Each unit consists of one common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one share at an exercise price of 35 cents per share on or before Dec. 1, 2020, subject to a 30-day notice of acceleration expiry if, for any 10 consecutive trading days during the unexpired term of such warrants, the closing price of the company's shares on the TSX Venture Exchange is greater than 50 cents. Accordingly, an aggregate of 10.5 million warrants have been issued today. Closing in respect of the increased offering size is subject to the final approval of the TSX-V, which is expected to be evidenced through the issuance of a final TSX-V bulletin upon the grant of such acceptance. In accordance with applicable securities laws, all of the shares and warrants issued under the offering are subject to a hold period equal to four months plus one day, which will expire on June 26, 2019.

The net proceeds of the offering are expected to be used for the North American and international marketing of DynaCERT's line of HydraGEN technology products, including in Europe, South Asia and the Middle East, and for general working capital purposes.

Certain directors of the company have subscribed for units, pursuant to the offering, for amounts totalling $90,000.

In connection with the offering, the company paid to certain eligible persons a 7-per-cent cash commission totalling $14,000 in aggregate.

About DynaCERT Inc.

DynaCERT manufactures, distributes and installs carbon emission reduction technology for use with internal combustion engines. As part of the growing global hydrogen economy, the company's patent-pending technology creates hydrogen and oxygen on demand through electrolysis and supplies these through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. The company's technology is designed for use with all types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, marine vessels, mining and forestry equipment, and railway locomotives.

We seek Safe Harbor.