dynaCERT Announces $2M Non-Brokered Private Placement Financing

Core Viewpoint - dynaCERT Inc. is initiating a non-brokered private placement financing to raise up to $2,000,000 through the sale of convertible unsecured units, aimed at financing the sales of its HydraGEN™ Technology Products and for general corporate purposes [6][8]. Group 1: Offering Details - The offering consists of convertible unsecured units priced at $2,000,000 per unit, each unit includes a convertible note with a 5% annual interest rate maturing in two years and convertible into 13,333,333 common shares at a conversion price of $0.15 per share [6][8]. - Each unit also includes 6,666,667 common share purchase warrants, allowing the holder to purchase one share at an exercise price of $0.20 for two years [6][8]. Group 2: Use of Proceeds - The gross proceeds from the offering will be utilized to finance sales of the Company's HydraGEN™ Technology Products across various sectors including mining, oil & gas, transportation, and generators globally, as well as for working capital and general corporate purposes [8]. Group 3: Regulatory and Compliance - The offering will be available to purchasers in all provinces of Canada and in offshore jurisdictions, adhering to applicable private placement exemptions [11]. - The securities issued will be subject to a hold period of four months plus one day post-closing, and no commissions or finder’s fees will be applicable [12][13].