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dynaCERT Announces a Purchase Order for 3,000 HydraGEN™ Units Destined for Guyana

May 26, 2023 | blog

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TORONTO — dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company”) is happy to announce that the Company has obtained a purchase order order for 3,000 Units of its HydraGEN™ Technology Units designed to cut back gas consumption and cut back greenhouse fuel emissions in diesel engines whereas monitoring and creating future Carbon Credits.

The recipient of those HydraGEN™ Units is Bristol & Bristol Incorporated, an oil and fuel logistics firm positioned in Georgetown, Guyana. The contract was brokered by Mr. Amir Farahi, a director of the Company, the place he’ll act as a conduit for the acquisition of the models on behalf of dynaCERT for Bristol & Bristol.

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The Company has obtained full fee for an preliminary 93 HydraGEN™ HG-2 Units for supply commencing instantly. An extra 140 HydraGEN™ Units are anticipated to be delivered by July 30th 2023 and 750 models to be delivered by September 30th 2023. Further supply of the remaining models past September 30th 2023 are to be mututally agreed upon by each Bristol & Bristol and dynaCERT.

Marvin Bristol, President & CEO of Bristol & Bristol, acknowledged, “We are very pleased to have been given the opportunity to deploy dynaCERT’s HydraGEN™ Technology in Guyana and surrounding regions. Our country has been responsive to new technologies that reduce carbon emissions and understand the importance of deploying, today, readily available solutions to reduce pollution. Not only can we benefit from dynaCERT’s HydraGEN™ Technology Units designed to reduce fuel consumption and save on diesel costs, but also reduce greenhouse gasses, which is important to all our citizens and visitors.”

Jim Payne, President & CEO of dynaCERT, acknowledged, “dynaCERT is very pleased to be featuring our HydraGEN™ Technology to Bristol & Bristol. As new adopters of our technology, Bristol & Bristol are contributing to the world-wide imperatives and their associated local and global efforts to reduce greenhouse gas emissions of diesel engines. Bristol & Bristol have acknowledged that dynaCERT received the Smart Sustainable Company Rating Seal based on the results of rigorous analysis. This honourable distinction of dynaCERT and its HydraGEN™ technology as it applies to the United Nations Sustainable Development Goals and the United Nations Global Compact Principals has been evaluated as “high”, the very best world rating in its class. The extraordinary endorsement of dynaCERT permits its sellers to interact with clients with the reassurance that the Company’s HydraGEN™ know-how has a major contribution to the Sustainable Development Goals on the United Nations.”

The buy order mentioned herein has been obtained from an Insider of the Company on behalf of Bristol and Bristol Inc. and subsequently this constitutes a Related Party Transaction inside the that means of Multi-lateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”), nonetheless exemptions can be found from the valuation (s. 5.5(a)) and minority shareholder approval necessities (s. 5.7(a)) of MI 61-101. The foregoing buy order can be topic to receipt of the approval of the Toronto Stock Exchange.

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About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology together with its proprietary HydraLytica™ Telematics, a method of monitoring gas consumption and calculating GHG emissions financial savings designed for the monitoring of potential future Carbon Credits to be used with inside combustion engines. As a part of the rising world hydrogen economic system, our patented know-how creates hydrogen and oxygen on-demand by way of a singular electrolysis system and provides these gases by way of the air consumption to reinforce combustion, which has proven to decrease carbon emissions and enhance gas effectivity. Our know-how is designed to be used with many varieties and sizes of diesel engines utilized in on-road automobiles, reefer trailers, off-road building, energy technology, mining and forestry gear. Website: www.dynaCERT.com.

READER ADVISORY

Except for statements of historic reality, this information launch incorporates sure “forward-looking information” inside the that means of relevant securities legislation. Forward-looking info is often characterised by phrases equivalent to “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and different comparable phrases, or statements that sure occasions or situations “may” or “will” happen. Although we imagine that the expectations mirrored within the forward-looking info are cheap, there might be no assurance that such expectations will show to be right. We can not assure future outcomes, efficiency of achievements. Consequently, there isn’t any illustration that the precise outcomes achieved would be the identical, in complete or partly, as these set out within the forward-looking info.

Forward-looking info is predicated on the opinions and estimates of administration on the date the statements are made and are topic to a wide range of dangers and uncertainties and different components that would trigger precise occasions or outcomes to vary materially from these anticipated within the forward-looking info. In specific, forward-looking info in this press launch contains, however is not restricted to the longer term supply of HydraGEN™ Technology Units below the acquisition order, Bristol & Bristol Incorporated and the nation of Guyana Some of the dangers and different components that would trigger the outcomes to vary materially from these expressed within the forward-looking info embody, however aren’t restricted to: uncertainty as as to whether our methods and enterprise plans will yield the anticipated advantages; availability and price of capital; the flexibility to determine and develop and obtain business success for brand spanking new merchandise and applied sciences; the extent of expenditures vital to take care of and enhance the standard of services and products; modifications in know-how and modifications in legal guidelines and laws; the uncertainty of the rising hydrogen economic system; together with the hydrogen economic system shifting at a tempo not anticipated; our skill to safe and preserve strategic relationships and distribution agreements; and the opposite danger components disclosed below our profile on SEDAR at www.sedar.com. Readers are cautioned that this checklist of danger components shouldn’t be construed as exhaustive.

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The forward-looking info contained on this information launch is expressly certified by this cautionary assertion. We undertake no responsibility to replace any of the forward-looking info to evolve such info to precise outcomes or to modifications in our expectations besides as in any other case required by relevant securities laws. Readers are cautioned to not place undue reliance on forward-looking info.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that time period is outlined within the insurance policies of the Toronto Stock Exchange) accepts accountability for the adequacy or accuracy of the discharge.

On Behalf of the Board

Murray James Payne, CEO

View supply model on businesswire.com: https://www.businesswire.com/news/home/20230526005276/en/

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Contacts

Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com

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