Breaking #Cleantech #Stock News: dynaCERT
(TSX: $DYA.TO) (OTCQX: $DYFSF) (FRA: DMJ) Achieves Local and Global Milestones
and is Part of #Hydrogen Strategy Coalition; @dynaCERT
March 15, 2021 (Investorideas.com Newswire) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that it has been invited by the Government of the Province of Ontario, Canada ("Ontario Government") to participate in the Hydrogen Strategy Working Group of the Ontario Government under the guidance of the Ministry of the Environment, Conservation and Parks.
Read this news,
featuring DYA in full at https://www.investorideas.com/CO/DYA/news/2021/03151Hydrogen-Strategy-Coalition.asp
Jean-Pierre
Colin, Executive Vice President of dynaCERT, and Jim Payne, CEO of dynaCERT,
will continue to attend Ontario Government strategy meetings in furthering the
Ontario Government's development of a hydrogen strategy.
Hydrogen Strategy Working Group
The
Ontario Government established a new Hydrogen Strategy Working Group to help
inform the development of the hydrogen strategy for the Province of Ontario.
This
working group is intended to build on the input that the Ontario Government
received through the public consultation process and Ontario's hydrogen discussion
paper.
Members of the Hydrogen Strategy Working Group will also provide advice on how
to use hydrogen across various sectors and help Ontario compete in the global
hydrogen market. The Ontario Government has invited 21 Ontario Hydrogen Economy
participants to Hydrogen Strategy Working Group which consists of experts from
industry and academia. See: https://www.ontario.ca/page/low-carbon-hydrogen#section-5
Sales in the Global Mining Industry
In
Q1 2021, dynaCERT has shipped or received confirmed orders of its flagship HG-1
HydraGEN™ Technology Units as well as its sister HydraGEN™ HG2 and HG-4C and
HydraGEN™ HG-6C large capacity Units to international mining companies
operating in Russia, China, Brazil and Peru through sales to its arms-length
dealer H2Tek specializing in the sale of HydraGEN™ Technology in the mining
industry. H2Tek is sponsored internationally by Export Development Corporation,
a Crown Corporation of Canada, and dynaCERT's currently sole Asian dealer, Puma
HydroCarbons, who operates in China.
Diamond
Mines, Coal Mines, Copper Mines and Gold Mines are adopting dynaCERT's
proprietary HydraGEN™ Technology globally. The HydraGEN™ HG-4C and HydraGEN™
HG-6C large capacity Units will soon be deployed in open pit mining operations
on large 50-litre diesel engines that operate in hostile climates such as open
pit mines where temperatures deep lower than -40 degrees Celsius and are
located in very remote areas of the planet.
Q1
2021, dynaCERT has received purchase orders with advanced payment of twenty
(20) of the Company's 20 newest 2021 model HG-1 units for the North American
continental trucking customers of KarbonKleen which is furthering its
successful trials to its trucking and logistics clients.
In
Q1 2021, dynaCERT has sold and installed our HG-2 units to a midsize Dodge
truck and Ford F-350 delivery truck in Ontario through the Company's dealer
H2Tek.
Growing Sales in the Trucking Industry in North America
Q1
2021, dynaCERT has received purchase orders with advanced payment of twenty
(20) of the Company's 20 newest 2021 model HG-1 units for the North American
continental trucking customers of KarbonKleen which is furthering its
successful trials to its trucking and logistics clients.
In
Q1 2021, dynaCERT has sold and installed our HG-2 units to a midsize Dodge
truck and Ford F-350 delivery truck in Ontario through the Company's dealer
H2Tek.
City of Woodstock Success
dynaCERT
has just completed Emission Tests on the City of Woodstock's entire bus and
garbage truck fleet to showcase reductions of greenhouse gases and fuel savings
with very solid results from its initial previously announced pilot project.
The City of Woodstock reduced fuel consumption by a significant factor in its
recent Garbage Trucks Trials featuring dynaCERT's HydraGEN™ "Carbon Emission
Reduction Technology".
dynaCERT
is also working with several municipalities across Ontario supplying quotes and
extensive analyst reports for their fleets showing the potential fuel savings
and more importantly the emission reductions and Green House Gas reductions
that can be realized with the utilization of HydraGEN™ "Carbon Emission
Reduction Technology".
dynaCERT and its Dealer in Negotiations with the World's Largest
Transportation Polluters
dynaCERT's
Canadian Dealer, Mobile Emissions Testing Inc. ("Mobile Emissions")
along with dynaCERT is in negotiations with one of the world's largest
transporters of goods which is committed to reducing its Carbon Footprint. As
well, Mobile Emissions is assisting the Company with its Ontario Government
initiatives and is also focussing on some of Ontario's largest Municipal
accounts.
Non-Core Electrolyser Research & Development
With
17 plus years of Research and Development, scientific knowledge, and design
advancements within hydrogen generation, dynaCERT intends to expand and
leverage their expertise and knowledge to form the basis for future decades to
advance the Company's goal to adapt its HydraGEN™ Technology to numerous
markets, globally. dynaCERT's Hydrogen electrolysers have gone through a series
of transformations to meet the market demand. dynaCERT's existing Alkaline
Hydrogen electrolysers are best suited for non-pressurized Hydrogen production
up to 500 litres per hour and can be stacked for higher Hydrogen demand.
Gurjant
Singh, dynaCERT's Head of Research and Development stated, "dynaCERT's
upcoming products such as the Anion Exchange Membrane and the Cation Exchange
Membrane electrolysers will produce pressurized Hydrogen to meet the global
demand. Pressurized Hydrogen will significantly cut down the compression cost
making it affordable to use in small- and large-scale applications such as
off-grid power supply, fuel cells etc. dynaCERT's smart ECU will enable
consumers to control Hydrogen production remotely and simplify data management.
dynaCERT
is committed to achieve and participate in net zero emissions goal by 2050.
Exponential growth in Hydrogen production over the past few years by
conventional methods have further impacted the environment adversely. In 2019,
more than 550 million tons of Carbon Dioxide were released in the atmosphere
because of hydrogen production via Methane Reforming Process. At $50 per ton
Carbon Credit, there is potential for more than $27 Billion worth of yearly
savings. Carbon Credits remain a huge future revenue stream for dynaCERT with
our Patent Pending Carbon Capturing Methodology while capturing credits for the
Carbon Saved with our Hydrogen Generating electrolysers."
Jim
Payne, CEO of dynaCERT, stated, "dynaCERT fully supports the Ontario
Government initiatives related to the development of its hydrogen strategy. The
Hydrogen Strategy Working Group of the Ontario Government is an important step
in the process of developing a workable hydrogen strategy. We applaud all the
dedicated people involved in this Ontario Government initiative and thank all
participants within the government and within the private sector for their
commitment to making hydrogen an important part of our collective future."
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.
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. 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 of 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
the Toronto Stock Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the Toronto Stock Exchange) accepts
responsibility for the adequacy or accuracy of the release.
On
Behalf of the Board
Murray
James Payne, CEO
Contacts
Jim
Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com
Investor
Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com
dynaCERT
Inc. (TSX:DYA.TO) (DYFSF) is a featured Renewable Energy / Fuel Cell stock on
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