dynaCERT TSXV-DYA Closes $537,000 Financing and Appoints New CFO

dynaCERT (TSXV-DYA) has closed a 5,370,000 unit private placement for gross proceeds of $537,000.00.  Each unit is priced at $0.10 per common share and one-half on one common share purchase warrant with each whole warrant being exercisable into one common share at a price of $0.15 for a two year period.  The use of proceeds will be used for general working capital and research and development.

New CFO Appointed – Gordon J. Barr, CPA, CA, Bsc brings over 30 years of financial and accounting experiences to his role at dynaCERT.

Also, 3,959,000 stock options were granted to directors, consultants and employees. 2,225,000 options vest immediately and entitle the holder to purchase one common share at a price of $0.10. 1,734,000 were granted to current consultants and employees which will vest over a period of 36 months.

Nancy

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