Certain major shareholders including directors of dynaCERT (TSX.V-DYA) (OTCBB-DYFSF) have entered into a formal strategic Voluntary Lock-Up Agreement for a total of over 55,000,000 shares for a term of 180 days.
The Voluntary Lock-Up Agreement stipulates that these shareholders shall not assign, deal in, pledge, sell, trade or transfer in any manner whatsoever, or agree to do so in the future, any of the shares, or any beneficial interest in them, on or before March 31, 2017 (the “Expiry Date”).
dynaCERT’s President and CEO, Jim Payne states, “Given the significant progress that has been achieved in recent months, we felt that a Voluntary Lock-Up Agreement would demonstrate to shareholders and potential investors the commitment and confidence that management, directors and certain major shareholders have in the future of dynaCERT.
Third Party Testing – As The Company, along with third party engineers, have now completed reviewing and analyzing the data from the 3rd party testing at the University of Ontario Institute of Technology of their flagship HydraGenTM product for Class 8 trucks and a formal report is forthcoming.
Skip to content