dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ)
("dynaCERT" or the "Company") is pleased to announce that it has
won first prize along with its dealer, H2 Tek at the 2019 Mining
Cleantech Challenge in Colorado.
First place winner dynaCERT Inc./H2 Tek took
home the $5,000 prize at the March 21, 2019, Mining Cleantech
Challenge in Denver. Their technology was chosen by mining
executives and investors in the industry as the best among a
competitive field of 12 total companies representing the U.S.,
Canada and Israel. An international team of judges reviewed and
voted on the winners.
dynaCERT’s HydraGEN™ Technology turns distilled
water into H2 and O2 gases on-demand and introduces these gases
directly to diesel engines’ air intakes. “Our
technology, HydraGEN™,” said H2 Tek Vice President of
Sales and Marketing, David Van Klaveren, “can actually improve
significantly those carbon emissions, reduce them, and along the
way pay for the capital cost of all this through fuel efficiency
savings.”
“We can’t ignore the fact that clean technology
is an important part of our responsibility as participants and
members of this industry, the mining industry,” continued Van
Klaveren. “I think it’s remarkable that an association considers
this a priority: bringing together companies that have innovation
for an extremely important cause.”
Exequiel Rolon from sponsor company Fresnillo,
one of the founding sponsors, agreed, saying, “It’s my third year
and it’s been very surprising to see all the startup companies that
come up with very innovative ideas that are actually very
beneficial for the mining companies.”
“I think the mining industry as a whole can
benefit from these efforts,” said Rolon. “One of our commitments is
to foster and collaborate with entrepreneurs that are developing
these kinds of technologies.”
“While the global mining industry navigates an
evolving market, certain producers are integrating innovative
technology and alternative, less polluting energy sources into
mining operations. Incorporating clean energy practices into the
industry is a challenge that we see our sponsoring companies
tackling head-on,” said Shelly Curtiss, Executive Director of
Colorado Cleantech Industries Association, which hosts the Mining
Cleantech Challenge.
Rolon concluded, “Somehow this event is unique
in the world and provides value that is very complicated to
find.”
Supporters of the day-long program included
Newmont Mining, Fresnillo, as well as Jolimont Global, Ausenco,
Resource Capital Funds, Consulate General of Canada in Denver,
Colorado School of Mines, Rocky Mountain Institute and the Mountain
Studies Institute.
Jim Payne, President & CEO of dynaCERT,
commented, “I congratulate H2 Tek for their commitment and efforts
for introducing dynaCERT to the mining industry. This award again
demonstrates the positive reception that we are receiving from all
over the world and we welcome this one as it relates to another
very important industry. On behalf of dynaCERT and H2 Tek, I thank
the Mining Cleantech Challenge organizers and participants for
honouring us in this most important endeavor to finding a Solution
for Pollution.”
About dynaCERT Inc.dynaCERT Inc.
manufactures, distributes, and installs Carbon Emission Reduction
Technology for use with internal combustion engines. As part of the
growing global hydrogen economy, our 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.
Our 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, mining and forestry equipment,
marine vessels and railroad locomotives.
Website:www.dynaCERT.com
READER ADVISORY
Except for statements of historical fact, this
news release contains certain "forward-looking information" within
the meaning of applicable securities law. Forward-looking
information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate"
and other similar words, or statements that certain events or
conditions "may" or "will" occur. In particular, forward-looking
information in this press release includes, but is not limited to
the potential expansion into new markets, industries and segments,
such as diesel- powered use of any the dynaCERT products and sales.
Although we believe that the expectations reflected in the
forward-looking information are reasonable, there can be no
assurance that such expectations will prove to be correct. We
cannot guarantee future results, performance of achievements.
Consequently, there is no representation that the actual results
achieved will be the same, in whole or in part, as those set out in
the forward-looking information.
Forward-looking information is based on the
opinions and estimates of management at the date the statements are
made, and are subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ
materially from those anticipated in the forward- looking
information. Some of the risks and other factors that could cause
the results to differ materially from those expressed in the
forward-looking information include, but are not limited to:
uncertainty as to whether our strategies and business plans will
yield the expected benefits; availability and cost of capital; the
ability to identify and develop and achieve commercial success for
new products and technologies; the level of expenditures necessary
to maintain and improve the quality of products and services;
changes in technology and changes in laws and regulations; the
uncertainty of the emerging hydrogen economy; including the
hydrogen economy moving at a pace not anticipated; our ability to
secure and maintain strategic relationships and distribution
agreements; and the other risk factors disclosed under our profile
on SEDAR at www.sedar.com. Readers are cautioned that this list of
risk factors should not be construed as exhaustive.
The forward-looking information contained in
this news release is expressly qualified by this cautionary
statement. We undertake no duty to update any of the
forward-looking information to conform such information to actual
results or to changes in our expectations except as otherwise
required by applicable securities legislation. Readers are
cautioned not to place undue reliance on forward-looking
information.
Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in
the policies of
the TSX Venture
Exchange) accepts
responsibility for
the adequacy or
accuracy of the
release.
On Behalf of the Board Murray James
Payne, CEO
For more information, please contact:
Jim Payne, CEO & PresidentdynaCERT Inc.#101 – 501 Alliance
Avenue Toronto, Ontario M6N 2J1 (416) 766-9691 x
2jpayne@dynaCERT.com
Investor RelationsdynaCERT Inc. Nancy Massicotte (416) 766-9691
x 1ir@dynaCERT.com
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