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     205  0 Kommentare dynaCERT Closes the Final Tranche of its Non-Brokered Private Placement for Aggregate Gross Proceeds of $5,400,000 - Seite 2

    All of the securities issued under this closing (including all underlying securities) are subject to a statutory hold period of four months and one day that will expire on June 23, 2024. Insiders purchased an aggregate of $183,650.00 or 1,224,333 Units under this closing. Such subscriptions are considered to be related party transactions and are therefore subject to the provisions of Multilateral Instrument 61-101 – "Protection of Minority Security Holders in Special Transactions", however exemptions are available from the minority shareholder approval and valuation requirements set forth in the foregoing Multilateral Instrument.

    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, an equity investment in Cipher Neutron Inc., and to settle advisory fees and permitted finders’ fees under applicable securities legislation, including advisory fees payable to Canaccord Genuity Corp., a financial advisor to the Company.

    The securities offered hereby have not and will not be registered under the United States Securities Act of 1933 (the "1933 Act") and may not be offered or sold in the United States or to U.S. persons (as defined in Regulation S under the 1933 Act) unless the securities have been registered under the 1933 Act or are otherwise exempt from such registration.

    About dynaCERT Inc.

    dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits 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, which has shown to lower carbon emissions and improve 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. Website: www.dynaCERT.com.

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    dynaCERT Closes the Final Tranche of its Non-Brokered Private Placement for Aggregate Gross Proceeds of $5,400,000 - Seite 2 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 …

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