Mr. Jim Payne reports
DYNACERT ANNOUNCES $5,000,000 NON-BROKERED LISTED ISSUER FINANCING EQUITY OFFERING
DynaCERT Inc. has arranged a non-brokered private placement offering of up to 33,333,334 units at a price of 15 cents per unit for aggregate gross proceeds of up to $5-million. Each unit will be composed of one common share of the company and one common share purchase warrant. Each warrant is exercisable into one common share at an exercise price of 20 cents per warrant for a period of 36 months.
The
units
to be issued under the offering will be offered to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions) in the provinces of Ontario, British Columbia and Alberta, and in certain other jurisdictions pursuant to applicable securities laws. The units will not be subject to resale restrictions pursuant to applicable Canadian securities laws. DynaCERT has prepared and filed an offering document relating to the offering that can be viewed under the company's profile at SEDAR+, as well as on the company's website. Prospective investors should read the offering document before making an investment decision.
Closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including, but not limited to, the approval of the Toronto Stock Exchange.
As described in greater detail in the offering document, the 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 and for working capital and for general corporate purposes.
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 emission 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. Its 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.
© 2025 Canjex Publishing Ltd. All rights reserved.