Ellis Martin interview with Chairman of Triumph Gold Corp, TSXV$TIG $TIGCF, John Anderson:
#Gold #Copper #Yukon
Ellis Martin interview with Chairman of Triumph Gold Corp, TSXV$TIG $TIGCF, John Anderson:
#Gold #Copper #Yukon
Pistol Bay Mining Inc. (TSX-V – PST; Frankfurt – OQS2) (“Pistol Bay” or the “Company’) is pleased to give an update on the development of our subsidiary, PB Blockchain Inc. (see news release dated November 15, 2017.) This wholly owned subsidiary is focused on blockchain applications for mining and resource company management. We will be leveraging the work of other Application Program Interface (API) companies to build a suite of blockchain products to address needs that are particular to the data management and security of mining/oil and gas companies. It is expected that many of these blockchain products could have crossover to other industries.
Charles Desjardins, President and CEO of PB Blockchain, is pleased to report that our development team is creating our own application named “HashDrop”. This will be accomplished by utilizing existing blockchain solutions to create a secure platform for parties to manage and update digital assets and documents within their data centers while providing trusted transactions with full confidence in the principle of the information being shared or accessed.
It is a secure, comprehensive, and unalterable platform that eliminates the time and costs of document sharing and assembly. It enables the organization to better coordinate compliances, deliver information efficiently, and trade digital assets securely. With a wide range of device types, our platform adapts to various device configurations.
Our easy to use interfaces are backed by the infrastructure behind the scenes to ensure fast, reliable uploads, downloads, and sharing. Our team who is creating HashDrop will continue to evolve the product and architecture to ensure speed data transfer and improved reliability.
The framework of our HashDrop application will be as follows:
Designed with multiple levels of protection covering:
Administration will have comprehensive control of:
dynaCERT TSX.V-DYA OTCQB-DYFSF announced the appointment of Colonel Yalon Farhi to its Board of Directors. Colonel Farhi is a colonel in the Israeli Defense Forces (reserves), serving since 1998. Colonel Farhi has been a member of the MicroVision, Inc. (NASDAQ: MVIS) board of directors since September 2016 and is also a director at DarioHealth Corp. (NASDAQ: DRIO). Colonel Farhi received a degree in Education Studies and holds a Teaching Certificate from the Moreshet Yaacov College in Jerusalem. Colonel Farhi serves as a private security consultant to several security companies in Israel.
Mr. Wayne Hoffman, Chairman of dynaCERT, said, “Colonel Farhi will bring new perspectives and insights to the dynaCERT board based on his broad, international experience. We look forward to having his voice and market counsel as we progress dynaCERT’s Carbon Emission Reduction Technology and look to apply dynaCERT’s HydraGEN™ products to emerging global environmental markets such as diesel-powered military equipment and related transportation vehicles.”
“I am pleased to be joining the dynaCERT board at this pivotal time in the company’s history. The Company’s technology, the breadth of its patent portfolio and its potential to enable multiple applications is impressive,” said Colonel Farhi. “I look forward to sharing my experience with management and my fellow board members to assist the Company with the execution of its business plan.”
New Strategic Dealer for Israel and Brazil
dynaCERT is pleased to announce the appointment of Farhi Holdings Corporation of London, Ontario (“Farhi”) as a strategic dealer for the countries of Israel and Brazil. Farhi is introducing the use of dynaCERT’s HydraGEN™ Technology onto many different diesel-powered vehicles and machinery as are used across numerous industries, including peacekeeping purposes.
Invitation to accompany the Prime Minister to India
dynaCERT has received an invitation to accompany Prime Minister Justin Trudeau on his upcoming trade mission to India in February 2018. The Company will use this opportunity to further discussions with many of the All India Motor Transport Congress executives met during dynaCERT’s 2017 India Congress held in Toronto in November 2017. During the multi-city tour with the PM, it is expected that additional business introductions will be made that are expected to result in furthering the understanding and economic advantages of our Carbon Emission Reduction Technology.
Equity Financing and Note Redemption
dynaCERT is pleased to announce the offering of up to 7,142,857 units (each a “Unit”) at a price of $0.42 per Unit for aggregate gross proceeds of up to $3,000,000 (the “Financing”). Each Unit will be comprised of one common share of dynaCERT (a “Common Share”) and one-half of one common share purchase warrant. Each whole warrant (a “Warrant”) will entitle the holder to acquire one additional Common Share at a price of $0.50 for a period of twelve months, provided however that in the event that the Company’s Common Shares trade at a price above $1.00 per Common Share on the TSX Venture Exchange for twenty (20) consecutive trading days, dynaCERT shall have the right to give notice to holders that the Warrants shall expire within thirty (30) days of such notice.
The Company has received subscriptions for an aggregate of $1,210,000.00 of Units to date, with $210,000.00 being received from a director of the Company. The Financing is expected to be completed in multiple tranches, with the first closing expected to be completed promptly following receipt of TSX Venture Exchange approval.
In addition, the Company is pleased to announce that it has entered into agreements with the holders of its convertible notes (aggregate principal amount of $1,260,000) that were issued in November 2017, whereby the holders of the convertible notes have agreed to the redemption thereof, with all amounts thereunder being repaid in full via the issuance of Units on identical terms as those that are to be issued under the Financing. Accordingly, the Notes are expected to be redeemed for an aggregate amount of $1,281,288.12 (representing the principal amount owing, together with all interest amounts accrued thereunder), with the redemption amount being settled via the issuance of an aggregate of 3,050,686 Units to the holders of the notes.
The foregoing transactions are subject to the review and approval of the TSX Venture Exchange. All of the Common Shares and Warrants that are to be issued in connection with the Financing and the redemption of notes will be subject to statutory four-month hold periods.
Jim Payne, CEO of dynaCERT, states: “dynaCERT is optimistic that 2018 will be the year where dynaCERT begins to expand sales into new diesel engine markets as more governments worldwide continue to recognize the need for direct Carbon Emission Reduction Technologies. With the retirement of all long-term debt, this financial strength will permit us to continue our planned global growth strategy into target markets not yet served by our HydraGEN™ products.”
dynaCERT Inc. also announces that a total of 4,475,000 options were granted today to its directors, officers and consultants. Of this number, 2,925,000 stock options were granted to Directors and Officers to acquire common shares in the capital of dynaCERT (each, an “Option”) and 50,000 were granted to a consultant in respect of investor relations activities (with such options vesting quarterly over a period of one year). All options (other than IR options) vest immediately and all entitle the holder to purchase one common share of the Corporation at a price of $ 0.50, each being exercisable on or before January 31, 2023.
Triumph Gold reports results of prospecting and geological mapping on the Andalusite Peak property. Highlights of exploration include:
go to: www.triumphgoldcorp.com for complete news release
Triumph Gold TSX.V-TIG OTCMKTS: $TIGCF will be exhibiting at the AME BC Roundup Core Shack on Wednesday, January 24 and Thursday, January 25. The conference is being held at the Vancouver Trade and Convention Centre West, 1055 Canada Place, Vancouver, BC.
Triumph Gold will be displaying drill core from its 2017 Freegold Mountain project, Yukon at booth number 816.
go to: www.triumphgoldcorp.com for full news release
December 21, 2017) – dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (DAX: DMJ) (“dynaCERT” or the “Company”) is pleased to announce that it has secured a major new group of end users in Germany for its HydraGEN™ Technology.
dynaCERT has received purchase orders for 520 HydraGEN™ HG1-45 model Units having a total suggested retail price of $4,067,000. The purchase orders were received from the dynaCERT’s dealer for Germany and Switzerland, Hoer&Hoer GreenTech. The Units are destined to KWK GmbH (“KWK”) which is part of a buying group with members constituting operators within the prolific agricultural industry that each manage one or more bio-diesel powered generators in the State of Bavaria and throughout Germany. The first 20 Units are scheduled for an immediate delivery in January 2018 and the remainder have a planned rollout throughout 2018, commencing in March.
Over several months, a HydraGEN™ HG1-45 was successfully tested by KWK at its facilities in Samerberg, Bavaria, Germany. In September 2017, this HG1-45 was installed on a Perkins Bio-Diesel Generator. The generator has controls that monitor output power and fuel consumption. In the first few weeks of testing with the HydraGEN™ HG1-45, initial fuel consumption of the generator was reduced by 6%. As testing progressed, with adjustments of the HydraGEN™ using the Smart ECU, the engine was able to achieve and maintain a minimum of 17.5% reduction in fuel consumption and the resulting reduction of carbon emissions.
Johann Tischner, CEO of KWK, states, “We at KWK are delighted with the HydraGEN™ HG1-45, especially with the fuel savings achieved and we decided for this reason to deepen our co-operation with dynaCERT and its German dealer, Hoer&Hoer GreenTech. This collaboration will see our members deploy the HydraGEN™ Technology on their generators in 2018. These generators are all different sized engines some up to 500kW which may require 1, 2 or 3 HG1-45 Units each.”
Hoer&Hoer GreenTech, headquartered in Lahr, Germany has been the dynaCERT dealer since June 2017. They have worked diligently in many sectors before realizing this first initial order with KWK. Ms. Shirley Hoer, CEO, states, “The dynaCERT team professionally supported KWK and ourselves in the rigorous testing of this bio-diesel generator. We and KWK highly appreciated the unconventional approach dynaCERT had in this testing phase. Their engineers were able to monitor and control the HG1-45 Unit remotely from across the Atlantic Ocean in order to optimize the fuel consumption reduction. Because of this realization and the outstanding results, we are engaging in a long-term cooperation with dynaCERT. In the case of KWK, this starts with our initial 520 Unit order for 2018.”
Enrico Schlaepfer, Vice President, Global Sales for dynaCERT, comments, “The immediately addressable market in Europe for stationary diesel-powered generators is approximately 125,000 installations. This opportunity reveals a significant market in 2018 for dynaCERT to begin serving the Europeans who seek to greatly reduce their carbon footprint. With this order and the resulting tested validation, we are commencing our market penetration strategy proceeding into the South Asia marketplace with a focus on public and private stationary diesel-powered generators that produce nearly 60% of the available electrical power across that region.”
December 4, 2017 – dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (DAX: DMJ) is pleased to provide the following update:
dynaCERT management and board members hosted executives from the All India Motor Transport Congress (AIMTC) on November 21-24, 2017. The AIMTC is an association that began in 1936. Currently the AIMTC members manage over 10 million trucks and 5 million buses in the India market.
The AIMTC was presented with all the relevant information concerning the opportunity of dynaCERT’s HydraGEN™ Technology. The Company showcased our two new HG1 models and the upcoming HG2 Unit for large trucks, small trucks, busses and power generators. The presentation by dynaCERT and the Omni News Video of the India Congress may be viewed on the web page of dynaCERT at www.dynaCERT.com.
Former Cummins Eastern Canada President, Mike Christodoulou, a member of the dynaCERT Advisory Board, who dialogued with the executives from India, states, “dynaCERT‘s HydraGEN™ Technology continues to produce very desirable results in on-highway transportation applications. Most recently, the highly accredited PIT Group in Montreal, greatly considered the gold standard in automotive technology testing, reported some very impressive fuel and emissions figures. Performance of the HydraGEN™ HG1 Unit reduced fuel consumption by 5.9% during PIT’s tests which follows the TMC Fuel Consumption Test protocol. And, NOx and CO2 were reduced by 46% and 50%, respectively.”
Mr. Christodoulou goes on to say that, “I spoke directly with PIT Group representatives who claimed they had not seen these kinds of numbers in previously tested aftermarket technologies and that dynaCERT‘s results would be envied by other fuel improvement and carbon reducing technology providers.” He adds, “The key here is that the tests were performed to PIT’s standards and, according to PIT, the results were measurable and consistent.” It is important to note that third-party validation of the systems using trace amounts of Hydrogen Gas injected into the air intake of engines, such as dynaCERT‘s technology, has been conducted at a large number of testing institutions all of which have provided outstanding results, including NASA, Argonne National Laboratory, Jet Propulsion Labs and the California Institute of Technology among many others. Christodoulou adds, “The PIT Group’s findings make it very clear that this technology works. It’s positive impact on the trucking industry and the environment should cause trucking executives and political leaders alike to have this technology on the forefront of their agendas.”
The India group of businessmen indicated their interest to embrace commercial opportunities with Canadian technology business developers such as dynaCERT. Currently, the primary concern in India is air pollution. In Delhi, for example, the media has reported severe smog and traffic incidents caused by carbon emissions which have alarmed the trucking industry in India. Discussions were held on several trade positions including direct sales from Canada and future manufacturing in India for the South Asian region which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Pakistan, Nepal and Sri Lanka. The South Asian countries have a combined population of nearly 2 billion people.
The India group of businessmen also complimented dynaCERT and its management for its world-wide applications of its HydraGEN Technology. Mr. Kultaran Singh Atwal, Chairman of the AIMTC stated, “Our recent visit to dynaCERT has been an incredible experience. Our members were quite impressed by their fuel saving and green/clean technology. India needs dynaCERT’s technology for its future growth and to bring down the ever increasing and alarming pollution levels. We look forward to doing business with them in the coming years.”
These issues are significant to governments and citizens alike. Both the Canadian Federal Government and the Ontario Provincial Government were in attendance.
The Government of Ontario sent their representative, Ms. Harinder Malhi, MPP, the associate to the Honourable Premier Ms. Kathleen Wynne, who opened the congress. The congress was assured that the Government of Ontario is closely watching the international progress of dynaCERT and pleased to further the Company’s efforts in exports to the world. In addition, Mr. Vic Dhillon, MPP and Mr. T.K Pandey, Director of the Indian Importers Chambers of Commerce & Industry, were distinct speakers at the congress. At a reception afterwards, several other prominent Ontario political figures were in attendance to greet the dynaCERT team and the many Indian business professionals, including Ms. Sara Singh, Ontario’s NDP MPP Candidate for Brampton Centre.
The Federal Government was also prominent with their presence at the conference. Mr. Hersh Gandhi, Executive Assistant to the Honourable Kamal Khera, Member of Parliament and Parliamentary Secretary to the Minister of National Revenue presented to Mr. Jim Payne a unique certificate of congratulations and thanks from the Government of Canada. Jai Naraine, representing Ramesh Sangha, Member of Parliament of the Government of Canada, held high level talks with Mr. Jim Payne and senior management. Mr. Sukh Dhaliwal, Federal MP joined the delegates in Surrey, BC.
Marc Bertrand, former CEO of Mega Brands and a member of the Advisory Board of dynaCERT, attended the event and remarked, “With up to 30%-50% reduction in carbon emissions, dynaCERT‘s technology will have a significant impact on pollution in India. It was nice to have the Provincial and Federal Government participate at this event. dynaCERT has advanced the HydraGEN™ Technology that can help all governments internationally meet their carbon reduction targets. We look forward to creating programs and collaborating with governments world-wide to support the commercialisation of these products.”
November 29, 2017 – dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (DAX: DMJ) is pleased to provide the following clarification on the recently released complete report on the PIT Group testing for Fuel Consumption and Emissions Tests of the HydraGEN™ Technology.
dynaCERT is very pleased with the results of this test. As was provided in the PIT report, the testing was conducted under outdoor laboratory conditions whereby the test vehicle was driven up to the optimal operating condition of 105 kph (65mph) and, at that time, the cruise control was set and the test equipment activated. The driver then steered the vehicle around the test track at this constant speed and setting for 100 kilometers to complete the test. At that time, the test equipment and cruise control was turned off and vehicle returned to the start line. The testing was conducted with no change in elevations, no change in speed (up nor down), minimal wind conditions, and optimal weather conditions as would be experienced in perfect on-the-road conditions. This is the standard fuel consumption testing protocol for all vehicles regardless of make, model or options.
PIT wrote to dynaCERT in an email separate to the report: “…for any kind of automotive technology, 5.9 % fuel savings is a result to be envied”.
As previously reported in our press release dated November 20, 2017, PIT Group report states “The results are showing significant decreases in emission levels between baseline and final measurements, of almost half for carbon monoxide (CO), total hydrocarbons (THC), and for mono-nitrogen oxides (NOx).” Testing verified that the HydraGEN™ HG1 unit reduced emissions of CO by 48.1%, THC by 50.0%, and NOx by 46.1%, all of which exceeded our estimates. This puts dynaCERT and the HydraGEN™ technology firmly into the Hydrogen Economy and provides companies worldwide the opportunity to benefit from the Carbon Credit economy with proven Carbon Emission Reduction Technology.
The subsequent Phase Two testing by the PIT Group on the test vehicles was conducted on October 31st, 2017 which by this date had the test vehicle travel double the previous distance. PIT then followed the industry standard test procedure based on TMC Fuel Consumption Test Procedure – Type II, RP 1102A (TMC 2016) as was done in the Phase One testing. Performance of the HydraGEN™ HG1 unit reduced fuel consumption by 5.9% when run at a constant speed of 105 kilometres/hour for 100 kilometers on a flat track. Please see www.dynaCERT.com for a copy of the PIT Group report titled “Fuel Consumption and Emissions Tests of the HydraGEN™ Technology from dynaCERT”.
Jim Payne, dynaCERT President & CEO. states: “This is solid confirmation that our dynaCERT HydraGEN™ “Carbon Emission Reduction Technology” works. The achieved reduction in emissions exceeded all expectations and the confirmed 5.9% improvement in fuel savings above what is already considered the optimum performance of a modern class 8 truck is, as stated by PIT, a result to be envied.”
Additional Benefits of HydraGEN™ Technology
In the November 20, 2017 press release, incorrect information was provided on the additional benefits of the HydraGEN™ Technology. In quantifying such benefits to end users, the Company has considered the fuel savings achieved by PIT @ 5.9%, a reduction in the cost of replacing and cleaning Diesel Particulate Filters (PDF) for Class 6-8 trucks at a cost up to US$1500, Diesel Emission Fuel (DEF) savings at a cost of US$2/gallon and oil changes at a cost of US$200 per change. There are additional savings not calculated including, but not limited to, the reduced number of regeneration of trucks filtration systems and the reduced down time and maintenance associated with regenerations. The DPF needs to be cleaned regularly through a process called regeneration, either active, passive or forced regeneration. The accumulated soot is burnt off at high temperature (approximately 600°C) to leave only a residue of ash, effectively renewing or regenerating the filter, ready to take on more pollution from the engine.
Future savings will also be realized from carbon credits and government environmental rebates once these are implemented. These additional benefits, combined with the Company’s new pricing and leasing strategy, show the Payback Period of the Company’s products to be under one year.
Historically shown in real on-road conditions, confirmed through tests performed at the Automotive Centre of Excellence, specific amounts of hydrogen and oxygen introduced to the air intake of a diesel engine resulted in increased torque and power to the drive train, showing additional benefits when the truck is under stress, pulling loads uphill, and against strong wind and adverse weather conditions along with the lessened amount of gear changes required, even greater fuel economy can be realized.