dynaCERT Closes the Final Tranche of its Non-Brokered Private Placement for Aggregate Gross Proceeds of $5,400,000

dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that it has completed an additional round of its non-brokered private placement of units (the Offering”) with the issuance of 10,298,446 units for gross proceeds of $ 1,544,767. When added to the closings that were completed on December 4, 2023 (which amounted to gross proceeds of $2,900,783) and December 20, 2023 (which amounted to gross proceeds of $954,450), the total gross proceeds from these private placements to date is $5,400,000.

Each unit (a “Unit”) is priced at $0.15 per Unit. All dollar values are in Canadian dollars. Each Unit consists 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 30^th day after the date on which such notice is deemed to have been given by the Company.

In connection with this closing, an aggregate of 24,983 compensation warrants have been issued, each being exercisable into one (1) Unit at an exercise price of $0.18 per Unit for a period of twenty-four (24) months after closing. A cash commission of 5% has also been paid in respect of such subscriptions. 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 Offering has been 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 non-Canadian and non-United States jurisdictions as may be agreed to by the Company pursuant to available prospectus or registration exemptions in accordance with applicable laws.