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     113  0 Kommentare dynaCERT Launches $2,500,000 Non-Brokered Private Placement of Equity

    dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that it has initiated a non-brokered private placement of equity (the Offering”) of up to 16,666,667 units. Each unit (a “Unit”) shall be priced at $0.15 per Unit for a total maximum Offering of $2,500,000. All dollar values are in Canadian dollars.

    Each Unit shall consist of one (1) common share of the Company (a “Common Share”) and one-half (1/2) of a common share purchase warrant. Each whole warrant (a “Warrant”) is exercisable into one (1) Common Share at an exercise price of $0.20 per Warrant at any time for a period commencing upon the closing of the Offering (the “Closing Date”) for a period of thirty-six months thereafter.

    If at any time after the date that is four months and one day after the Closing Date, the closing trading price of the Common Shares on the Toronto Stock Exchange is greater than $0.35 per Common Share for a period of ten (10) consecutive business days, then the Company may give notice thereof to the holders of the Warrants, and, in such case, the expiry time of the Warrants shall be accelerated and shall be the 30th day after the date on which such notice is deemed to have been given by the Company.

    The gross proceeds of the Offering will be used to finance sales of the Company’s HydraGEN Technology Products to participants in the mining, oil & gas, transportation and generator sectors on a global basis, for working capital and debt repayment, for general corporate purposes, and to settle advisory fees and permitted finders’ fees under applicable securities legislation (if applicable).

    The Offering will be offered for sale to purchasers (i) in all provinces of Canada pursuant to available private placement exemptions, (ii) in the United States on a private placement basis pursuant to available exemptions from the registration requirements under the United States Securities Act of 1933, as amended, and (iii) in offshore jurisdictions as may be agreed to by the Company pursuant to available prospectus or registration exemptions in accordance with applicable laws.

    The Units (and underlying securities) shall be subject to a statutory hold period that will extend four (4) months plus one day from the Closing Date.

    Subject to applicable securities regulation, the Company may pay finders fees consisting of up to 5% cash and 5% compensation warrants in connection with the Offering. The compensation warrants shall be exercisable into Units at a price of $0.18 per compensation warrant.

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    dynaCERT Launches $2,500,000 Non-Brokered Private Placement of Equity dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that it has initiated a non-brokered private placement of equity (the Offering”) of up to 16,666,667 units. Each unit (a “Unit”) shall be priced …

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