dynaCERT Inc.
TSX VENTURE : DYA

dynaCERT Inc.

November 15, 2013 13:22 ET

dynaCERT Inc. Announces Extension to Non-Brokered Private Placement

TORONTO, ONTARIO--(Marketwired - Nov. 15, 2013) - dynaCERT Inc. (TSX VENTURE:DYA) ("dynaCERT" or the "Corporation") reports that the TSX Venture Exchange has granted the Corporation an extension until December 10, 2013 to close its previously announced non-brokered Private Placement (the "Offering") of up to 18,000,000 units (each, a "Unit") at price of $0.175 per Unit for aggregate gross proceeds of up to $3,150,000. The proceeds of the Offering will be used for research and development, retirement of outstanding liabilities, sales and marketing and for general working capital purposes.

As announced on October 11, 2013, the Corporation issued 2,802,857 Units at a price of $0.175 per Unit under the first tranche of the Offering, raising gross proceeds of $490,500. Each Unit under the Offering is comprised of one common share in the capital of the Corporation (each, a "Common Share") and one common share purchase warrant (each, a "Warrant"). Each Warrant is exercisable into one Common Share at a price of $0.25 for a two year period from the date of issuance. The Warrants include an acceleration clause to the effect that if at any time after four (4) months and one (1) day following the issuance of the Warrants, the closing trading price of the Common Shares on the TSX Venture Exchange is greater than Cdn$0.50 per Common Share for a period of ten (10) consecutive trading days, then dynaCERT may give notice to the holders of Warrants of its intention to force the exercise of the Warrants. Upon receipt of such notice, the holders of Warrants shall have 30 days thereafter to exercise the Warrants, failing which the Warrants will automatically expire.

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. More information can be found at www.dynacert.com.

Forward Looking Information

This release includes forward looking statements, which are based on certain assumptions and reflects management's current expectations. These forward looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; 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; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; 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.

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.

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