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TORONTO — dynaCERT Inc. (TSX: DYA) (OTCQB: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company“) is happy to announce that, topic to acceptance by the Toronto Stock Exchange (the “TSX”), the Company intends to amend the train value of an mixture of 4,166,667 excellent widespread share buy warrants of the Company that have been issued as a part of a personal placement that closed on October 9, 2024 (the “Warrants”) and to amend the conversion value and maturity date of the $1,000,000 Convertible Note (the “Note”) issued on the identical date as a part of the identical non-public placement.
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The Warrants have a present train value of $0.28 and an expiry date of October 9, 2026, and the Company intends to amend the train value to $0.20 and the expiry date to October 9, 2027, following receipt of TSX acceptance of the proposed repricing of the Warrants. All different phrases of the Warrants will stay the identical.
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The Note has a present conversion value of $0.24 and a Maturity Date of October 9, 2025, and the Company intends to amend the conversion value to $0.15 (the impact of which shall be to extend the variety of widespread shares issuable upon conversion from 4,166,667 to six,666,667) and to increase the Maturity Date to October 9, 2026, following receipt of TSX acceptance of the proposed repricing and extension of the Note. All different phrases of the Note will stay the identical.
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About dynaCERT Inc.
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dynaCERT
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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 attainable future Carbon Credits to be used with inside combustion engines. As a part of the rising international hydrogen economic system, our patented know-how creates hydrogen and oxygen on-demand by a novel electrolysis system and provides these gases by the air consumption to boost combustion, which has proven to decrease carbon emissions and enhance gas effectivity. Our know-how is designed to be used with many sorts and sizes of diesel engines utilized in on-road autos, reefer trailers, off-road development, energy era, mining and forestry tools. Website:
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READER ADVISORY
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This press launch of dynaCERT Inc. comprises statements that represent “forward-looking statements”. Such forward-looking statements contain recognized and unknown dangers, uncertainties and different elements that will trigger dynaCERT’s precise outcomes, efficiency or achievements, or developments within the trade to vary materially from the anticipated outcomes, efficiency or achievements expressed or implied by such forward-looking statements. There will be no assurance that such statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking statements. Actual outcomes might range from the forward-looking info on this information launch resulting from sure materials danger elements. This information launch is just not meant for distribution to U.S. information providers or for dissemination within the United States.
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Except for statements of historic truth, this information launch comprises sure “forward-looking info” inside the that means of relevant securities legislation. Forward-looking info is continuously characterised by phrases reminiscent of “plan”, “count on”, “mission”, “intend”, “consider”, “anticipate”, “estimate” and different related phrases, or statements that sure occasions or situations “might” or “will” happen. Although we consider that the expectations mirrored within the forward-looking info are affordable, there will be no assurance that such expectations will show to be appropriate. We can not assure future outcomes, efficiency of achievements. Consequently, there isn’t a illustration that the precise outcomes achieved would be the identical, in entire or partly, as these set out within the forward-looking info.
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Forward-looking info is predicated on the opinions and estimates of administration on the date the statements are made and are topic to quite a lot of dangers and uncertainties and different elements that would trigger precise occasions or outcomes to vary
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from these anticipated within the forward-looking info. Some of the dangers and different elements that would trigger the outcomes to vary materially from these expressed within the forward-looking info embody, however usually are not restricted to: uncertainty as as to if our methods and enterprise plans will yield the anticipated advantages; availability and value of capital; the power to establish and develop and obtain industrial success for brand spanking new merchandise and applied sciences; the extent of expenditures mandatory to take care of and enhance the standard of services and products; adjustments in know-how and adjustments in legal guidelines and laws; the uncertainty of the rising hydrogen economic system; together with the hydrogen economic system transferring at a tempo not anticipated; our means to safe and preserve strategic relationships and distribution agreements; and the opposite danger elements disclosed beneath our profile on SEDAR at
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. Readers are cautioned that this listing of danger elements 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 adapt such info to precise outcomes or to adjustments 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.
