dynaCERT Announces Closing of $2M Non-Brokered Private Placement Financing

Executive Summary

• dynaCERT Inc. closed a non‑brokered private placement of convertible unsecured units, raising $2,000,000 in gross proceeds.
• Each Convertible Unit consists of one 5% senior convertible note (2‑year term) and six‑million‑plus common share purchase warrants at $0.20 exercise price.
• Proceeds will be used to finance global sales of HydraGEN™ technology products, working capital, and general corporate purposes.

Key Details

• Offering Size: Aggregate gross proceeds of $2,000,000.
• Units Issued: One Convertible Unit comprising:
• Convertible Note: 5% annual interest, maturing two years from issuance; convertible at holder’s option into up to 13,333,333 common shares at a conversion price of $0.15 per share.
• Warrants: 6,666,667 common share purchase warrants, each exercisable for one share at $0.20 per share for two years.
• Hold Period: Securities subject to a lock‑up of 4 months + 1 day, expiring on April 10, 2026.
• Use of Proceeds:
• Finance sales of HydraGEN™ technology products across mining, oil & gas, transportation, and generator sectors worldwide.
• Support working capital needs and general corporate purposes.
• Fees: No commissions or finder’s fees were paid in connection with the offering.
• Regulatory Note: Securities not registered under the U.S. Securities Act of 1933; cannot be offered or sold to U.S. persons unless exempt or registered.

Notable Quotes

• “The successful closing of this financing underscores market confidence in our HydraGEN™ technology and provides essential capital to accelerate global commercialization,” – Murray James Payne, CEO & Chairman.