Welcome to our dedicated page for Dynacert news (Ticker: DYFSF), a resource for investors and traders seeking the latest updates and insights on Dynacert stock.
dynaCERT Inc. (OTCQB: DYFSF) is a Canadian Cleantech company based in Toronto that focuses on Carbon Emission Reduction Technology for internal combustion engines. Its news flow highlights developments around its HydraGEN™ hydrogen-on-demand hardware, the HydraLytica™ telematics and analytics platform, and related corporate and financing activities.
Investors following DYFSF news can see updates on deployments of HydraGEN™ technology in real-world settings, such as the installation on the crane fleet at the Port of Rochefort–Tonnay-Charente in France, as well as the company’s efforts to expand into port logistics, transportation, mining, construction and power generation markets. News releases also cover distributor agreements, including an arrangement for the Mexican market and the state of Texas in the United States, and purchase orders for HydraGEN™ units.
dynaCERT’s announcements frequently address topics such as emission reduction, fuel savings, hydrogen-based technologies and the use of HydraLytica™ for monitoring fuel consumption and greenhouse gas emissions savings. Corporate governance and management changes, including board appointments and retirements, are also reported, alongside stock option grants and other equity-related matters.
Financing news, such as non-brokered private placement offerings of convertible notes and warrants or amendments to existing warrants and a convertible note, provides additional context on how the company funds sales of its technology products and supports working capital. For a fuller picture of DYFSF, readers can use this news page to review how dynaCERT communicates its Cleantech strategy, market expansion efforts and operational milestones over time.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) has closed a fully-subscribed non-brokered private placement offering, raising $1,000,000 in gross proceeds. The company issued one Unit at $1,000,000, consisting of:
1. A Convertible Note with 8% annual interest, maturing on October 9, 2025, convertible into 4,166,667 common shares at $0.24 per share.
2. 4,166,667 common share purchase warrants, each allowing the purchase of one share at $0.28 until October 9, 2026.
The net proceeds will be used for working capital. All securities issued are subject to a four-month plus one-day hold period, expiring February 10, 2025. No commissions or finder's fees are payable. The offering is pending final approval from the Toronto Stock Exchange.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) has received final Verra approval for its Carbon Credit Methodology, marking a significant milestone for the company. This approval validates the impact of dynaCERT's HydraGEN™ Technology, designed to reduce fuel consumption and carbon emissions in various Internal Combustion Engines (ICE).
The Verra-approved methodology opens opportunities for dynaCERT clients to earn recurring streams of Carbon Credits by using HydraGEN™ Technology. The company plans to equally share these Carbon Credit benefits with technology users. A unique feature of dynaCERT's methodology is the precise, objective measurement of GHG emissions reduction using HydraLytica™ Telematics, which enhances the market value of the company's Carbon Credits.
This development positions dynaCERT to propose Verra Carbon Credit advantages globally, potentially expanding the reach and impact of its emissions-reduction solutions across various sectors including transportation, mining, construction, oil & gas, and diesel generators.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) announces an intensive marketing campaign in Germany from September 16-25, 2024, to promote its HydraGEN™ Technology. The campaign aims to increase awareness of the technology designed to reduce fuel consumption and carbon emissions in diesel engines.
Key events include:
- Participation in the IAA TRANSPORTATION 2024 in Hannover, Germany
- Investor events in Munich from September 23-25, 2024
- Introduction of new President, Bernd Krueper, to shareholders and industry representatives
The company emphasizes that its technology offers an economically attractive solution for environmental protection in the transportation industry, independent of financial incentives.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) has announced significant shipments and new orders for its HydraGEN™ Technology. The company shipped 119 HydraGEN™ Units to major open-pit mines in Brazil and Peru in September 2024. Additionally, new purchase orders were secured from dealers in Mexico and Australia, totaling eight units. These orders follow successful pilot projects demonstrating the technology's benefits in reducing fuel consumption and emissions in mining operations.
The company's Director of Sales for the Americas, Ed Cordeiro, highlighted that HydraGEN™ Technology is being positioned as a strategic tool for international mining companies to meet ESG objectives and achieve significant fuel savings. CEO Jim Payne emphasized the growing global adoption of their products, reaffirming their commitment to reducing fuel consumption and carbon emissions in diesel engines worldwide.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) announces that its portfolio company, Cipher Neutron Inc., has been awarded an Advanced Contract Award Notification (ACAN) to design and construct two 250-kilowatt electrolyser stacks for Simon Fraser University (SFU). The project, set to begin in Q4 2024, will be part of SFU's Clean Hydrogen Hub at its Burnaby campus in Canada.
The initiative aims to develop a state-of-the-art one-half megawatt AEM Electrolyser, using Cipher Neutron's proprietary technology. The project will investigate and validate AEM technology at the 250 kW - 1 MW scale, which is important for scaling cost advantages in green hydrogen production. This collaboration is expected to have a significant impact on renewable energy research and advance green hydrogen solutions.
dynaCERT has closed the second and final tranche of its non-brokered private placement, raising a total of $3,000,000.
The initial offering was oversubscribed, increasing from $2,500,000 to $3,000,000.
A total of 20,000,000 Units were issued at $0.15 per Unit, with each Unit including one common share and a half common share purchase warrant.
Warrants can be exercised at $0.20 per share within 36 months of the closing date.
Proceeds will be used for financing sales of dynaCERT's HydraGEN™ Technology Products, working capital, and general corporate purposes.
Two insiders participated, purchasing an aggregate of $412,500 in Units, triggering related party transaction rules but falling under specific exemptions.
dynaCERT Inc. (TSX: DYA, OTCMKTS: DYFSF, FRA: DMJ) issued a press release responding to a request from the Canadian Investment Regulatory Organization (CIRO) concerning recent trading activity of its stock and its service provider, Apaton Finance GmbH. dynaCERT stated that it is unaware of any material, undisclosed information that would explain the recent increase in its stock price and trading volume. Since January 2019, Apaton has been translating dynaCERT's press releases and providing independent commentary in Germany for a fee.
dynaCERT specializes in Carbon Emission Reduction Technology and HydraLytica™ Telematics, which monitors fuel consumption and calculates GHG emissions savings. Their patented technology is part of the global hydrogen economy, producing hydrogen and oxygen on-demand to enhance combustion in diesel engines, leading to lower carbon emissions and improved fuel efficiency.
dynaCERT announced the results of its annual shareholder meeting held in Toronto, Ontario.
A total of 114,544,944 common shares were represented, accounting for 27.501% of total outstanding shares.
Shareholders voted in favor of all agenda items. Nine directors were re-elected, with significant support. The directors include James Payne, Jean-Pierre Colin, Wayne Hoffman, Amir Farahi, Brian Warner, Bruce Barnaby, Tanya Rowntree, James Tansey, and Bernd Krueper, with approval percentages ranging from 84.715% to 98.110%.
HDCPA, Chartered Accountants, were reappointed as auditors with 98.281% approval.
dynaCERT's technology focuses on Carbon Emission Reduction and fuel efficiency, important for the hydrogen economy and works with various diesel engines.
dynaCERT announced a significant follow-up purchase order of 84 HG1 HydraGEN™ Units from Simply Green Distributors. This order follows a previous order of 18 units and an extensive due diligence trial, bringing the total deployment to 103 units. The HydraGEN™ Technology aims to enhance fuel economy and reduce diesel usage and emissions on drilling rigs operated by a leading Canadian oil and gas contractor. The technology is gaining traction as an environmentally friendly and cost-effective solution in the Oil & Gas industry. Simply Green's President highlighted the technology's impressive emissions reduction capabilities, while dynaCERT's CEO emphasized the importance of such commitments to reducing GHG emissions in Canada.
dynaCERT announced the closing of the first tranche of its non-brokered private placement, raising $1,915,100 through the issuance of 12,767,333 units at $0.15 per unit. The total offering aims to raise up to $2,500,000. Each unit includes one common share and one-half of a common share purchase warrant, exercisable at $0.20 per share for up to 36 months. The proceeds will fund sales of HydraGEN™ Technology Products in various sectors, and for working capital and corporate purposes. Insiders purchased $412,500 worth of units, triggering related party transaction protocols. Compensation warrants and commissions were also issued as part of this closing.