September 22,
2017
TSX.V: DYA
OTCQB: DYFSF
dynaCERT Announces
Shares for Debt Settlement
TORONTO,
ON--(Marketwired – September 22, 2017) - dynaCERT
Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) ("dynaCERT" or the "Company") announces that in
accordance with the agreement previously disclosed in the news release of
December 9, 2016, the Company will be issuing 233,245 shares to Nektar Data
Systems at an ascribed price of $0.64 in settlement of $150,000 owing for
services performed. The foregoing Shares for Debt transaction is subject to
approval by the TSX Venture Exchange. All the foregoing shares will, upon
issuance, be subject to a statutory four-month hold period in accordance with
applicable securities laws.
About dynaCERT Inc.
dynaCERT Inc. manufactures, distributes, and
installs Carbon Emission Reduction Technology for use with internal combustion engines. Our patent-pending
technology creates hydrogen and oxygen on-demand through electrolysis and
supplies these additives through the air intake to enhance combustion,
resulting in lower carbon emissions and greater fuel efficiency. Our technology
is currently in use with on-road applications. Website: www.dynaCERT.com.
READER ADVISORY
Except for statements of historical fact, this news
release contains certain "forward-looking information" within the
meaning of applicable securities law. Forward-looking information is frequently
characterized by words such as "plan", "expect",
"project", "intend", "believe",
"anticipate", "estimate" and other similar words, or
statements that certain events or conditions "may" or
"will" occur. In particular, forward-looking information in this
press release includes, but is not limited to: future issuances of shares,
approval by the TSX Venture Exchange. Although we believe that the expectations
reflected in the forward-looking information are reasonable, there can be no
assurance that such expectations will prove to be correct. We cannot guarantee
future results, performance or achievements. Consequently, there is no
representation that the actual results achieved will be the same, in whole or
in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions
and estimates of management at the date the statements are made, and are
subject to a variety of risks and uncertainties and other factors that could
cause actual events or results to differ materially from those anticipated in
the forward-looking information. Some of the risks and other factors that could
cause the results to differ materially from those expressed in the
forward-looking information include, but are not limited to: uncertainty as to
whether our strategies and business plans will yield the expected benefits; availability
and cost of capital; the ability to identify and develop and achieve commercial
success for new products and technologies; the level of expenditures necessary
to maintain and improve the quality of products and services; changes in
technology and changes in laws and regulations; the uncertainty of the emerging
hydrogen economy; including the hydrogen economy moving at a pace not
anticipated; our ability to secure and maintain strategic relationships and
distribution agreements; and the other risk factors disclosed under our profile
on SEDAR at www.sedar.com. Readers are
cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information
contained in this news release is expressly qualified by this cautionary
statement. We undertake no duty to update any of the forward-looking
information to conform such information to actual results
or to changes in our expectations except as otherwise
required by applicable securities legislation. Readers are cautioned not to
place undue reliance on forward-looking information.
Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of the release.
On Behalf of the Board
Murray James Payne, CEO
For more information, please contact:
Jim Payne, CEO &
President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
(416)
766-9691 x 2 jpayne@dynaCERT.com
Investor Relations
dynaCERT Inc.
Nancy Massicotte
(416)
766-9691 x 1 ir@dynaCERT.com