Lowering carbon emissions and offering greater fuel efficiency
dynaCERT (TSX-DYA) (OTCQX-DYFSF) manufactures and distributes carbon emission reduction technology for use with internal combustion engines. As part of the growing global hydrogen economy, its patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system. It also supplies these gases through the air intake. This enhances combustion, resulting in lower carbon emissions and greater fuel efficiency.
Further, the company’s technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives.
To further explain, the technology improves the fuel economy by an average of ten to fifteen percent. However, more importantly, it reduces the emissions by an average of 50 percent. Nitrogen Oxide is what’s driving the greenhouse problem that we see today. “Our technology reduces that NOx by up to 88 percent right at the combustion, right at the burn within a diesel engine,” says President and CEO, Jim Payne.
dynaCERT also has worldwide patents. The company has gone to great extreme to have its technology proven worldwide and be tested, verified and certified globally. Additionally, they now have offices in Europe.
“We have a technology right now that can make such a significant difference in the world and at the same time pay for itself. I mean, I think that’s a very, very attractive solution,” says Payne.
dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company“) is pleased to announce that in connection with its previously announced overnight marketed offering, it has entered into an underwriting agreement with a syndicate of underwriters co-led by Eight Capital and PI Financial Corp., and including Haywood Securities Inc., Industrial Alliance Securities Inc. and Stifel GMP (collectively, the “Underwriters”), to sell 10,700,000 units of the Company (the “Units”) at a price of $0.68 per Unit (the “Offering Price”) for aggregate gross proceeds of $7,276,000 (the “Offering”).
Each Unit will consist of one common share in the capital of the Company (each a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant shall entitle the holder to acquire an additional Common Share at an exercise price of $1.00 for a period of 24 months following the closing of the Offering.
The Company has granted the Underwriters an option (the “Over-Allotment Option”) to purchase up to an additional 15% of the Offering on same terms exercisable at any time up to 30 days following the closing of the Offering, for market stabilization purposes and to cover over-allotments, if any.
Closing of the Offering is expected to occur on or about June 18, 2020 and is subject to certain conditions, including regulatory approval, including that of the TSX Venture Exchange.
The net proceeds of the Offering shall be used to finance raw materials and manufacturing and assembly costs in order to create and deliver finished goods inventory for the KarbonKleen Inc. subscription program, as well as for working capital and general corporate purposes.
The Units to be issued under the Offering will be offered by way of short form prospectus in each of the Provinces of Ontario, British Columbia, Alberta and New Brunswick, and may be offered in the United States on a private placement basis pursuant to the exemption from the registration requirements the United States Securities Act of 1933, as amended, and applicable state securities laws, and certain other jurisdictions outside of Canada and the United States.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This press release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements.
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website: www.dynaCERT.com.
Aether Catalyst $ATHR is working on a technology that could save the OEMs billions. #cleantechnology #catalyst #technology #autoindustry #catalyticconverter
…”That innovator is Aether Catalyst Solutions Inc. (CSE:ATHR,Forum), which has quietly been working for several years on a prototype for a catalytic converter that doesn’t use any precious metals. Designed and tested by an experienced crew with engineering and business success, the Company has gone from a promising design to a fourth-generation prototype that has already overcome many of the obstacles those behind them could not.”
Click link for full article: https://lnkd.in/gHAKgyt
dynaCERT has received purchase orders from KarbonKleen Inc. (KarbonKleen) for an additional 300 HydraGENä Technology units, for total orders from KarbonKleen, to date, of 400 units, including the 100 unit order previously announced on July 2, 2019. dynaCERT’s computerized HydraGENä Technology uses on-board on-demand injection of hydrogen gas in the air intake of diesel engines to significantly reduce fuel consumption, carbon emissions and other GHG’s.
KarbonKleen has paid in full for the first 150 units in order to accelerate immediate delivery of the first of such 400 units to its clients and it has paid the required deposit on the next 250 units.
Of the 400 HydraGENä units, 250 are destined for KarbonKleen’s clients in the USA market.
The remaining units are destined for KarbonKleen clients in Mexico and deliveries are continuing. This additional purchase order allows the maintenance of the aggressive schedule of delivery and performance in accordance with KarbonKleen’s successful initiatives in Mexico (see Press Release dated July 2, 2019) intended to dramatically improve the landscape of carbon emissions reductions in Mexico.
KarbonKleen’s well-received Subscription Program (See Press Release dated July 25, 2019), whereby clients are able to leverage subscription payment options available through KarbonKleen, has dramatically accelerated adoption in both the United States and Mexico.
In addition, all clients of KarbonKleen have indicated that they will also be using dynaCERT’s effective HydraLyticaä Technology in all their installations in Mexico and the USA (see Press Release dated July 4, 2019).
For the remainder of the press release, click here: https://dynacert.com/FileServer/customforms/go-dynacerts/php/tmp/1/2019-08-20%20dynaCERT%27s%20Reseller%20KarbonKleen%20Increases%20Initial%20Order%20to%20400%20HydraGEN%E2%84%A2%20Units.pdf
dynaCERT website: www.dynacert.com
Triumph Gold Corp. (TSXV: TIG) (OTCMKTS: TIGCF) is pleased to announce its intention to complete a non-brokered private placement (the “Offering”) of up to 17,000,000 units (the “Units”) at a price of CDN$0.35 per Unit for gross proceeds of up to CDN$5,950,000. Each Unit will consist of one common share in the capital of the Company (a “Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each whole Warrant will be exercisable to acquire one Share at an exercise price of CDN$0.60 per Share for a period of 24 months from the date of issuance.
The Offering is available to investors in reliance on certain prospectus exemptions including to existing shareholders of the Company (the “Existing Security Holder Exemption”) and to investors who have received investment advice (the “Investment Dealer Exemption”). The Existing Security Holder Exemption is available in each of the provinces and territories of Canada to a person or company who became a shareholder of the Company on or before April 9, 2019 (the “Record Date”). To rely upon the Existing Security Holder Exemption, the shareholder must: (a) have been a shareholder of the Company on the Record Date and continue to hold shares of the Company until the date of closing of the Offering, (b) be purchasing the Shares as a principal and for their own account and not for any other party, and (c) not subscribe for more than CDN$15,000 of securities from the Company in any 12-month period unless the shareholder has obtained advice regarding the suitability of the investment from a person registered as an investment dealer in the shareholder’s jurisdiction.
The Investment Dealer Exemption is available in each of Alberta, British Columbia, Saskatchewan, Manitoba and New Brunswick to a person or company who has obtained advice regarding the suitability of the investment from a person registered as an investment dealer in such person’s or company’s jurisdiction. As required by the Existing Security Holder Exemption and Investment Dealer Exemption, the Company confirms there is no material fact or material change relating to the Company that has not been generally disclosed.
There is no minimum Offering size and the maximum offering is 17,000,000 Units for gross proceeds of CDN$5,950,000. Assuming the Offering is fully subscribed, the Company plans to allocate the gross proceeds of the Offering to: (i) exploration on its Freegold Mountain project (CDN$5,000,000) and (ii) general working capital (CDN$1,000,000).
If the Offering is not fully subscribed, the Company will apply the proceeds to the above uses in priority and in such proportions as the Board of Directors and management of the Company determine is in the best interests of the Company. Although the Company intends to use the proceeds of the Offering as described above, the actual allocation of proceeds may vary from the uses set out above depending on future operations, events or opportunities.
If the Offering is oversubscribed, unless the Company determines to increase the maximum gross proceeds of the Offering and receives approval from the TSX Venture Exchange for such increase, the Company will allocate the Units issued under the Offering to those subscribers whose subscriptions were first received by the Company. A subscription will be deemed to be received when a completed subscription agreement together with payment of the subscription amount has been received by the Company.
Certain insiders of the Company may acquire Units in the Offering. Any participation by insiders in the Offering would constitute a “related party transaction” as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). However, the Company expects such participation would be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Units subscribed for by the insiders, nor the consideration for the Units paid by such insiders, would exceed 25% of the Company’s market capitalization.
The Company may pay finder’s fees on a portion of the Offering, subject to compliance with the policies of the TSX Venture Exchange and applicable securities legislation.
Closing of the Offering is subject to approval of the TSX Venture Exchange.
The securities issued under the Offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. Additional resale restrictions and legends may apply in the United States and other jurisdictions.
About Triumph Gold Corp.
Triumph Gold Corp. is a growth oriented Canadian-based precious metals exploration and development company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale Freegold Mountain project in Yukon. For maps and more information, please visit our website www.triumphgoldcorp.com
Grizzly Discoveries $GZD $GZDIF is pleased to announce that Kinross Gold Corporation’s wholly owned subsidiary, KG Exploration (Canada) Inc. (“Kinross”) has informed Grizzly that a drill will be mobilized to the Midway Target within the Greenwood Project, located near Greenwood in southern B.C. Kinross is planning a 1,200 m drill program at the Midway area during July and August, 2018, to continue the proof of concept drilling at the Midway Epithermal Target intersected in 2017. Proof-of-concept drilling in 2017 intersected gold, silicification, argillic alteration and minor quartz veining in 2 out of 3 holes along strike, warranting further follow-up exploration, particularly to the east and down-dip at the epithermal target.
Grizzly is also pleased to announce that it has closed on a private placement for gross proceeds of $55,000 (the “Placement”).
Highlights of 2017 Kinross Exploration Program at Midway
The portions of the Greenwood Project being explored by Kinross, 100% owned by Grizzly Discoveries Inc., includes 131 claims that form a contiguous package totaling approximately 27,346 hectares, representing approximately one third of Grizzly’s land holdings at Greenwood. Kinross can earn a 75% interest on the optioned land pursuant to an Option Agreement dated September 2015 by incurring US$3 million in exploration expenditures over a 5 year period. By the second anniversary on September 23, 2017, Kinross had completed 1,129 metres of diamond drilling and had incurred US$750,000 in expenditures.
Kinross geologists hypothesize that the Midway Epithermal target is an Eocene-aged epithermal system developed within Triassic clastic sediments and limestone, and Jurassic hornblende diorite intrusions, all unconformably overlain by Eocene Kettle River Formation sediments and Marron volcanics.
A 3 +/- m thick blanket of massive silica (locally banded, brecciated and vuggy) occurs at the basal Eocene unconformity. Remnants of this silica blanket occur in outcrop, intermittently over a 1 x 1 km area, in some places replacing Triassic limestone. The massive silica contains elevated gold (“Au”) (to 1.175 parts per million [ppm]) as well as locally anomalous arsenic (“As”), mercury (“Hg”) and antimony (“Sb”). Near the eastern end of the (known) silica exposure, up to 15% marcasite occurs as disseminations within the silica, and as cm-scale clasts that exhibit internal banding. This showing is interpreted as representing a hydrothermal vent intersecting the unconformity.
Widespread argillic alteration and more local silicification occur in the footwall of the unconformity. Two separate zones of alteration and veining have been discovered: The western zone is a north-trending, 200 m long by 50-75 m wide, zone of silicification, with peripheral argillic alteration, centered on a north trending fault zone marked by a narrow band of listwanite. Multiple narrow (to 0.5 m) chalcedonic quartz (+/-quartz breccia) veins (up to 4.2 ppm Au) occur within the broader zone of silicification. A second similar zone of alteration and veining is located 200 m to the east. The target areas were further delineated via a large Au-Cu-Ag +/- Hg, Sb, Se, Ba soil anomaly over the exposed epithermal system.
Rock chip and drill hole results indicate predominately argillic, and lesser propylitic alteration. Kaolinite dominates the argillic suite. The strongest zone of alteration is a north-trending, 200 m long by 50-75 m wide, zone of silicification near the irregular clastic/intrusive contact centered on a north-trending fault
zone. Multiple narrow (to 0.5 m) chalcedonic quartz (+/- quartz breccia) veins occur within the broader zone of silicification. Values of up to 4.2 ppm Au have been recovered from these veins.
Private placement and 2018 Proposed Work Programs
On July 19, 2018, the Company closed a private placement of Units and FT Units for gross proceeds of $55,000. The Company sold 562,500 units (“NFT Units”) at a price of $0.08 per unit, and 100,000 flow-through units (FT Units) at a price of $0.10 per FT Unit. Each NFT Unit consisted of one common share of Grizzly (a “Share”) and one Share purchase warrant (a “Warrant”). Each FT Unit sold consisted of one Share, issued as a flow-through share pursuant to the Income Tax Act (Canada) and one half of one Warrant. Each Warrant entitles the holder to acquire an additional Share for an exercise price of $0.12 and expires on the earlier of: (a) 30 days following the issuance of a news release by the Corporation that the trading price of the Common Shares on the TSX Venture Exchange is at or greater than $0.18 per Common Share for 10 consecutive trading days; and (b) July 19, 2020.
An insider of the Company purchased 137,500 Units for proceeds of $11,000 and a corporation controlled by an insider purchased 75,000 NFT Units for proceeds of $6,000. The closing of the Placement is subject to final acceptance by the TSX Venture Exchange.
Grizzly has submitted three Notices of Work (“NOW”) programs to the BC Ministry of Energy, Mines & Petroleum Resources. The planned programs cover planned exploration, including planned drilling, at the Ket 28 – Dayton and Motherlode target areas in the Greenwood Project area on lands not under option to Kinross. The third NOW program will cover potential cobalt-copper-silver (Co-Cu-Ag) drill targets at the Company’s 100% owned Robocop Project to be tested this fall after completion of an airborne survey and surface exploration activities planned during August and September 2018.
About Grizzly Discoveries Inc.
Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 62 million shares issued, focused on developing its precious and base metals properties in southeastern British Columbia along with significant Potash assets in Alberta. The Company holds over 180,000 acres of precious-base metal properties at its Greenwood Project; additionally, Grizzly holds 9,891 acres with Co-Cu-Ag mineralization at its Robocop Property, both located in southeastern British Columbia. The Company also holds more than 160,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 60,000 acres along the Alberta-Saskatchewan border.
The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.
Interview with Triumph Gold’s VP Exploration, Tony Barresi at the Yukon Mining Conference 2018
TORONTO, ON–(Globe Newswire – March 2, 2018) – dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (DAX: DMJ) (“dynaCERT” or the “Company”) is pleased to provide the following update:
Testing by Automotive Research Association of India
The India trucking industry participants realize that there is a potential performance difference between testing and use of the HydraGEN™ Technology in North America as compared to the environmental and operational conditions in South Asia. The Automotive Research Association of India (“ARAI”) has been contracted by dynaCERT to test our HydraGEN™ Technology under the supervision of one of our senior engineers and rigorously subject the technology to local road and driving conditions in India. This testing will be with the lower grade diesel fuel that is available in the market and on vehicles that are technologically different than those in North America where our previous testing has been done.
These tests are expected to be completed prior to the official HydraGEN™ product launch during the upcoming All India Motor Transport Congress in New Delhi as provided by the conditions for the sale of our HydraGEN™ Technology stated in the press release dated February 27th, 2018.
Enrico Schlaepfer, Vice President of Global Sales, will be travelling to Belgium, Germany, Switzerland and Austria for many meetings starting March 5, 2018. Mr. Schlaepfer, along with dynaCERT’s dealer for Germany and Switzerland, H2 GreenTech, will be visiting current and new potential customers who have indicated an interest in using our HydraGEN™ Technology on their stationary generators.
In furtherance of the development of the marketing to the on-road transportation industry in the European market, Mr. Schlaepfer will be also overseeing the final steps for homologation certification in Germany working with TUV NORD and TUV SUD. As reported previously, the Company has created dynaCERT GMBH as a wholly-owned subsidiary in Germany in order to comply with the European road transport requirements for certification and to facilitate dynaCERT’s sales and marketing strategy for Europe, Middle East and Africa i.e. EMEA. The certification process is the final regulatory requirement to license on-road transport companies to use the HydraGEN™ Technology on their vehicles.
Northwest Territories Power Corporation
The installation and testing of HydraGEN™ units in mid-2017 is completed. Due to exceptional results realized on similar applications in Europe, we are now in discussions to perform further testing with our upgraded units to increase fuel savings. These upgraded units are a simple, low cost retrofit to the existing operational engines with minimal modifications to each power station.
dynaCERT has been notified that we are one of three finalists to receive an Edison Award™ for our HydraGEN™ Technology in the Energy & Sustainability – Vehicle Advancements segment. The 2018 Edison Awards™ are to be presented in New York City on April 11, 2018.
The Edison Award™ is a leader in globally recognizing, honouring and fostering innovation and innovators to create a positive impact in the world. Being recognized with an Edison Award™ is one of the highest accolades a company, like dynaCERT, can receive in the name of innovation and business success as can be seen on their website http://www.edisonawards.com/finalists2018.php.
Conference Technical Presentation
Olivia Maier, dynaCERT’s chemical engineer, has been chosen to be a presenter of the technical paper titled “HydraGEN™ Technology Performance on Reefer Engines” at the 21st annual Energy, Utility, & Environment Conference (“EUEC”) to be held on March 5 to 7, 2018. The EUEC is the largest professional educational, training & networking event of its kind, which this year is in San Diego, California.
Toronto Truck World
dynaCERT is very pleased to be a first-time exhibitor at this year’s Truck World trade show that is being held in Toronto on April 19 to 21, 2018. We will be joined by several of our dealers celebrating the official launch of our HG-1 and HG-2 series of HydraGEN™ Technology. Please drop by and visit our booth #5559.
As reported by our legal council, the legal action with a previous supplier (see Management’s Discussion and Analysis dated September 30, 2017 filed on SEDAR) is continuing. The Company is responding to a demand for particulars and expects to receive a defence statement thereafter.