Breaking #Cleantech #Stock News: dynaCERT
(TSX: $DYA.TO) (OTCQX: $DYFSF) (FRA: DMJ) Announces Strategic Collaboration
with Galaxy Power; @dynaCERT
TORONTO - June 21, 2021 (Investorideas.com Newswire) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that it has agreed with Galaxy Power Inc. ("Galaxy Power"), a newly-formed Canadian private corporation, to advise Galaxy Power, from time to time, on general innovative Hydrogen Clean Technology advancements throughout Canada. dynaCERT's Hydrogen-On-Demand solutions, existing proprietary technology, patents, know-how and all future dynaCERT projects remain as dynaCERT's continued and exclusive focus outside the scope of Galaxy Power and are not affected in any way by this association.
Read this news
featuring DYA in full at https://www.investorideas.com/CO/DYA/news/2021/06211Galaxy-Power.asp
Hydrogen Economy Leaders Collaborating
dynaCERT's
forward-thinking management is fully committed to maintaining a Canadian
leadership role in the new Hydrogen Economy while collaborating significantly
with other top-ranked industry leaders, such as Galaxy Power, to further
supplement and broaden general industry knowledge.
Galaxy Power Inc.
Galaxy
Power is a newly formed single purpose vehicle set up exclusively for the
purposes of advancing a pollution-free North America, focussing specifically on
new Canadian Clean Technology developments and other forms of Clean Technology
and related green fuels, unrelated to dynaCERT's HydraGEN ™ Technology, with
the mission of "Generating Ideals for Ideal Generations". Please
see www.galaxypower.ca
Galaxy
Power's strategic corporate objectives are aimed at furthering a new Canadian
hub of Clean Technology expertise in support of Canada's Clean Technology
Industry and fostering efforts in lobbying for the growth of Canada's numerous
and fast-growing Clean Technology enterprises especially through the rapid
expansion of Canadian Government Incentives as they apply to Clean Technology.
Galaxy
Power intends to continue to develop, in a non-dilutive way to dynaCERT, its
collaborative know-how and deploy such knowledge to eventually possibly seed or
participate in future advancements in the numerous businesses of the Hydrogen
Economy. In consideration of the collaboration of dynaCERT's support and
industry know-how, dynaCERT International Strategic Holdings Inc.
("DISH"), a wholly owned subsidiary of dynaCERT, has been granted 20%
of Galaxy Power's equity, thereby enabling dynaCERT and DISH to benefit and
participate in the possible growth and eventual commercialization of new
originations of Canadian proprietary Clean Technology with no future
commitments by dynaCERT nor DISH.
Jean-Pierre
Colin, President & CEO of both DISH and Galaxy Power stated, "dynaCERT
brings to Galaxy Power the ability to instantly be a national leader in the
knowledge-based industry of the new Hydrogen Economy. Galaxy Power's mission
fits well with the advice and due diligence experience that dynaCERT's non-core
industry know-how in Clean Technology can create. A dynaCERT-Galaxy Power
association is a very natural strategic win-win association and a distinct
value creation collaboration where we will be very pleased to eventually
feature future Galaxy Power opportunities."
Jim
Payne, CEO of dynaCERT, stated, "Galaxy Power brings to dynaCERT the high
profile and unwavering dedicated team to prominently supplement our
technological triumphs in innovative designs for the global new Hydrogen
Technology marketplace. dynaCERT is honored to become a chosen adviser to an
accomplished and highly respected national industry authority such as Galaxy
Power, and with the leverage of their veteran line-up of specialists. dynaCERT
is committed to constantly improving and driving our innovations with the
utmost industry doyens who share our corporate mission and corporate culture.
We all look forward to our noteworthy alliance together in the weeks, months
and years to come as we continue to grow and expand our technology for today
and into the future of the new Hydrogen Economy."
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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