dynaCERT and Galaxy Power Applaud the Canadian Clean Technology Tax Incentives of Budget 2022 - Seite 3

In addition to the well-meaning but financially limited ability of governments, the larger collective economic might of the Canadian Capital Markets is required in order to address the risky challenges of financing the urgent high-priced fight against GHG’s. The expansion of Clean Technology Flow Through Share tax provisions has potential to attract the numerous Capital Market participants to become directly involved. Galaxy Power recognizes with pronounced esteem the vital efforts of all the non-partisan participants throughout all of Canada who continually foster the significance and expansion of eligibility of Clean Technology Flow Through Shares.”

Jim Payne, President & CEO of dynaCERT stated, “As the owner of 20% of Galaxy Power, dynaCERT is very pleased with the proposed New Tax Credit for Investments in Clean Technology of Budget 2022. This successful endeavour, supported by dynaCERT and Galaxy Power, may have a historical significance one day in Canadian financial history. The long efforts of the entire team at Galaxy Power in furthering the new Clean Tech provisions under Budget 2022 have been endorsed by the entire Canadian Government and we thank governments and parliamentarians for their availability and understanding. dynaCERT also thanks Galaxy Power for their tenacious initiative which can have long lasting economic benefits to dynaCERT.”

About Flow Through Shares

Clean Technology Flow Through Shares can enhance the non-government private sector in Canada to contribute to the international battle against climate change without the reliance on government grants. For more information on the subject of Flow Through Shares, please see the numerous Government of Canada web sites on the subject, including the one below:

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics ...

About Galaxy Power Inc.

Please see: www.galaxypower.ca

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.