dynaCERT Inc. (TSX VENTURE: DYA) (OTCQX: DYFSF) (FRA: DMJ)
("dynaCERT" or the "Company") is pleased to announce that it 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 $1.00 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 USA and Europe.
The Company’s common shares continue to be
listed in the USA 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: Börse Stuttgart, Börse Berlin,
Börse Düsseldorf, Frankfurter Wertpapierbörse, Börse Hamburg, Börse
Hannover, Börse München, LS Exchange, and Tradegate.
Jim Payne, dynaCERT’s President, CEO &
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 world-wide, 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
$0.71 per share. The Company has granted today 5,410,000 options to
its employees, consultants, senior officers and directors, each
option exercisable into one common share at $0.70 for a period of
five years.
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes
Carbon Emission Reduction Technology for use with internal
combustion engines. As part of the growing global hydrogen economy,
our 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. Our 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, 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
completion of the Offering, satisfaction of TSX listing conditions
and regulatory approvals. 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 the 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,
CEOFor more information, please
contact:
Jim Payne, CEO & PresidentdynaCERT Inc.#101
– 501 Alliance Avenue Toronto, Ontario M6N 2J1 +1 (416) 766-9691 x
2jpayne@dynaCERT.com
Investor RelationsdynaCERT Inc. Nancy Massicotte
+1 (416) 766-9691 x 1nmassicotte@dynaCERT.com
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