dynaCERT (TSX.V-DYA) announced the payment of $1,132,801.50 to a company controlled by a former director, representing all of the outstanding principal amount owing under the previously provided loans. This was funded by the private company exercising an aggregate of 13,828,015 warrants at an exercise price of $0.10 per share. dynaCERT has received net $250,000 in warrant exercise proceeds and now has 175,996,154 common shares issued and outstanding, in addition to 15,898,531 warrants that remain outstanding with a weighted average exercise price of $0.17 per share.
Cleaning up the balance sheet very nicely…
Nancy
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