Dynamic Technologies Announces Termination of Sales and Investment Solicitation Process and Extension of Stay - Seite 2

Guy Nelson	Allan Francis
Executive Chair & CEO	Vice President – Corporate Affairs and Administration
Phone: [phone]	Phone: [phone]
Email: [e-mail]	Email: [e-mail]

Reader Advisory
This news release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Dynamic’s business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “budget”, “booked”, “scheduled”, “positions”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” or variations of such words and phrases or state that certain actions, events or results “may”, “may be”, “could”, “should”, “would”, “might” or “will”, “occur” or “be achieved”. Such statements include statements with respect to: (i) the anticipated closing of the Sale Transaction; (ii) the anticipated negotiation of a definitive agreement for the Sale Transaction, (iii) the anticipated approval of the Sale Transaction by the Court, (iv) the expectation that the Chapter 15 Application will proceed on June 13, 2023 upon expiry of the 21 day notice period, and (v) the expectation that no person will oppose the Capital 15 Application. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Although Dynamic believes these statements to be reasonable, no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. Actual results could differ materially from those anticipated in these forward-looking statements as a result of prevailing economic conditions, and other factors, many of which are beyond the control of the Company. The forward-looking statements contained in this news release represent Dynamic’s expectations as of the date hereof, and are subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as may be required by applicable securities regulations.