#Cleantech #Stock News: H2 Tek Makes Strides
in the #Mining Industry with dynaCERT's (TSX: $DYA.TO) (OTCQX: $DYFSF) (FRA:
DMJ) HydraGEN™ Technology; @dynaCERT
TORONTO - December 6, 2021 (Investorideas.com Newswire) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce the implementation of its flagship HydraGEN™ Technology and its Telematics HydraLytica™ Technology with some global mining industry participants.
Read this news, featuring DYA in full at https://www.investorideas.com/CO/DYA/news/2021/12061H2-Tek.asp
H2 Tek, a third-party arm's length dealer of the
Company, has indicated to dynaCERT that it has aggressively pursued its
potential clients in the mining industry. H2 Tek has issued purchase orders to
dynaCERT for the placement of certain HydraGEN™ Technology models suited for
the mining industry, including the large engine series of HG4-C and HG6-C
units.
H2 Tek has advised dynaCERT that HydraGEN™ Technology
has been or is now scheduled to be delivered and installed at certain mining
operations located in Russia, Chile, Peru, Brazil, Argentina, and Australia.
These installations are expected to be pilot trials which will test the
benefits and impacts of the HydraGEN™ units with the intent that successful
pilots will result in the adoption of HydraGEN™ Technology for mining equipment
fleet applications. Each pilot deploys between 2 and 3 HydraGEN™ units
operating under a thorough methodology lasting up to six months.
About H2 TEK
H2 Tek™ is focused exclusively on selling and
servicing dynaCERT's HydraGEN™ Technology. H2 Tek indicates that it markets to
mining companies, diesel power generation, on-road applications and off-road
applications. With international partners, including Marubeni Corporation
(Construction & Mining Equipment Dept.), H2 Tek currently has reached out
to mining companies located in 11 countries.
David Van Klaveren VP Global Sales/Partner of H2 Tek
and Joao Araujo, VP Global Operations/Partner of H2 Tek™, a third-party
arm's-length dealer of dynaCERT, collectively stated: "Our focus on large
engine applications, like in mining, has the opportunity to significantly
contribute to the reduction of carbon emissions and pollution in their
environment. Certain large mining vehicles can consume more than 1,000,000
litres of fuel per year, which, with assumed fuel and emission reductions of
12%, could offset up to 300 tonnes of CO2e per year. We look forward to playing
an important role in helping mine operators achieve their carbon emission
reduction targets."
Ed Cordeiro, Director of Sales, Americas, of dynaCERT
stated, "H2 Tek, our dealer, has made dynaCERT's HydraGEN™ Technology a
possible leading solution for some mining companies in their effort to reduce
the carbon footprint of mine operations. Our Carbon Emission Reduction
Technology systems produce hydrogen gas from distilled water for mining
operations which have shown to simultaneously target economic benefits of
reduced fuel consumption and the resulting environmental benefits of emissions
reductions of customers."
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. In particular, forward-looking information in this
press release includes, but is not limited to completion of the Offering,
satisfaction of TSX listing conditions and regulatory approvals. 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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