dynaCERT Launches HydraGEN™ Technology for the Mining Industry
TORONTO, Feb. 04, 2019 (GLOBE NEWSWIRE) — dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company”) is pleased to announce that it has received a new order for its C-Series of HydraGEN™ Technology products in the war against NOx and Greenhouse Gas Emissions with our made-in-Ontario Carbon Emission Reduction Technology.
dynaCERT is pleased to report that it has received an initial order, through its dealer H2Tec, for three of the Company’s HG145-6C Large Engine HydraGEN™ Technology products from an international leader in mining for deployment in a large Brazilian open pit mine.
The HG145-6C is a multi-cell unit developed by dynaCERT for installation on larger diesel engines used in heavy industry, construction, ships, rail, mining, oil & gas and stationary generators world-wide.
In accordance with the corporate policy to reduce its environmental footprint, the mining company has initiated the first of its deliveries of HydraGEN™ Technology for the reduction of greenhouse gas emissions of their fleet of mining trucks and equipment. The HG145-6C units will be mounted on large Caterpillar 793F mining trucks which are each powered by a quad-turbo 1,976 KW, 85L, CAT C175-16 diesel engine.
dynaCERT is currently in discussions with mining producers operating globally to employ the HG145-6C technology on their equipment, machinery and mine-site generating stations.
dynaCERT is also pleased to announce that, as an exhibitor and new member of Prospectors and Developers Association of Canada (“PDAC”), we will be displaying our technology in Toronto, March 3 to 6, 2019 at the PDAC Convention. The convention is the world’s premier mineral exploration & mining convention for people, companies and organizations in mineral exploration and development. PDAC expects over 1,000 exhibitors, 3,500 investors and 25,600 attendees from 135 countries. The four-day annual convention held in Toronto, Canada, has grown in size, stature and influence since it began in 1932 and today is the event of choice for the world’s mineral industry. Please visit our Booth number 6925N at Trade Show North of the Toronto Convention Centre.
As we continue to gain global recognition in Carbon Emission Reduction Technology, dynaCERT is proud to be able to produce and supply our HydraGEN™ Technology to miners world-wide.
About dynaCERT Inc.
dynaCERT Inc. manufactures, distributes, and installs Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patent-pending technology creates hydrogen and oxygen on-demand through electrolysis and supplies these through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with all 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
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 the potential expansion into new markets, industries and segments, such as diesel- powered use of any the dynaCERT products and sales. 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.
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On Behalf of the Board
Murray James Payne, CEO
For more information, please contact:
Jim Payne, CEO & President
#101 – 501 Alliance Avenue Toronto, Ontario M6N 2J1 (416) 766-9691 x 2
(416) 766-9691 x 1