dynaCERT Receives Independent Research Report by GBC AG
20 September 2019 - 5:05PM
dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) is
pleased to announce the receipt of the independent research report
produced by the Investment Research department of GBC AG (“GBC”).
In this comprehensive report GBC is initiating research coverage of
dynaCERT.
Based in Augsburg, Germany, GBC is one of the
leading independent research and investment companies in the
European financial community. GBC’s research department provides
independent corporate analysis and research for high growth
companies participating in the capital markets.
GBC’s research analysts conducted extensive due
diligence including site visits of dynaCERT’s offices and assembly
plant and reviewed in depth all the relevant technical reports
concerning the Company’s HydraGENä Technology, dynaCERT’s corporate
strategy and its implementation and the diesel trucking industry,
among many other pertinent aspects of the Company’s business. GBC
has now completed and published a wide-ranging report of their
findings including an independent valuation of dynaCERT. The report
has been released to GBC’s financial network and has been made
available on major financial terminals in accordance with the
securities regulatory process in Europe.
GBC’s analysts report establishes a target price
per common share of dynaCERT of: $ 1.90 Canadian (or in US dollars:
USD$1.43 or in Euros: €1.30) and a “BUY” Rating. The report
describes dynaCERT as having a “disruptive proven technology with
equally disruptive business model”.
The complete GBC report on dynaCERT may be obtained on major
financial terminals and is available publicly via the internet at:
http://www.more-ir.de/d/19029.pdf
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 ADVISORYExcept 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.
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 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.
On Behalf of the Board Murray James
Payne, CEO
For more information, please contact:
Jim Payne, CEO & PresidentdynaCERT Inc.#101 – 501 Alliance
Avenue Toronto, Ontario M6N 2J1 +1 (416) 766-9691 x
2jpayne@dynaCERT.com
Investor RelationsdynaCERT Inc. Nancy Massicotte +1 (416)
766-9691 x 1ir@dynaCERT.com
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