Cleantech

dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) (" dynaCERT " or the "Company") and Galaxy Power Inc. ("Galaxy Power") applaud the recently announced changes proposed in the Canadian Government's Budget of April 7, 2022 ("Budget 2022") regarding the creation of a 30% new Tax Credit for Investments in Clean Technology focused on net-zero technologies, battery storage and clean hydrogen, the new 30% Critical Mineral Exploration Tax Credit and certain other provisions relating to expanding clean technology tax incentives associated with flow through shares, including the expansion of Class 43.1 and 43.2 Canadian Renewal and Conservation Expense ("CRCE") tax definitions, and certain new deductions (collectively the "Clean Tech Incentives").

Successful Consultative Meetings:

dynaCERT and Galaxy Power and their principals have been meeting for more than two (2) years with cabinet ministers, elected Members of Parliament, as well as senior officials within the government to advance, and assist with, the implementation of Clean Technology tax deferrals and tax credits. dynaCERT and Galaxy Power have had face-to-face meetings, conversations and correspondence with political parties on all sides to help bring Clean Technology tax incentives to fruition.

Foreseeable Future Economic Benefit:

Budget 2022, and its corresponding proposals for Clean Tech Incentives, were endorsed by The Right Honourable Justin Trudeau, Canada's Prime Minister and leader of the Liberal Party of Canada, The Honourable Chrystia Freeland, Canada's Deputy Prime Minister and Minister of Finance, The Honourable Steven Guilbeault, Environment and Climate Change Minister, and The Honourable Omar Alghabra, Minister of Transport, among many other dignitaries.

Accordingly, Galaxy Power and dynaCERT welcomes the Clean Tech Incentives as lasting strong evidence of an obvious, clear, irrefutable and unequivocal "foreseeable future economic benefit" for all Canadians and to such Canadian participants such as dynaCERT and Galaxy Power.

Support for Continued Government Consultation:

dynaCERT and Galaxy Power continue to support the government's openness in a consultative process on the design details of the tax matters in Clean Technology and see consultative measures as a rational and important step to continue to expand Clean Technology Flow Through Shares.

Clean Technology Incentives Reduce GHG's:

The new Clean Tech Incentives can enhance the financial potential of fast-growing Clean Technology companies that foster Clean Technology in Canada to reduce global Greenhouse Gas Emissions ("GHG's").

Enhancing Growth of Canadian Companies:

Galaxy Power and dynaCERT believe that the Clean Tech Incentives in Budget 2022, along with the Budget 2021 proposed expanded Clean Technology Flow Through Share policy, when successfully implemented, can greatly enhance the much-needed financing capabilities of Clean Technology companies in Canada while at the same time contributing to the Canadian Government's objectives of reducing Canadian GHG's and enhancing rapid Canadian economic growth from coast to coast.

The Clean Tech Incentives in Budget 2022 are seen as being in accordance with the objectives of the Paris Agreement of the United Nations, which is a legally binding international treaty on climate change.

Importance of Tax Incentives:

As opposed to government grants, significant tax credits and Clean Tech Incentives as the ones contained in Budget 2022 bring to the private sector the impetus to make business decisions based on reducing GHG's and places the incentive to invest in Clean Technology on the private sector while using private sector capital as opposed to direct investing by governments.

The new Clean Tech Incentives clearly demonstrate the Federal Government's recognition of the need to involve private sector capital to combat GHG's.

This involvement of private sector capital is seen as consistent with, and an important precursor to, a continued expansion of Clean Technology Flow Through Share policy which could bring vast amounts of additional capital from the Capital Markets in Canada.

Creation of Jobs Throughout Canada:

Galaxy Power and dynaCERT believe that Clean Tech Incentives can create numerous jobs across the nation, for individual workers, scientists, engineers, researchers, entrepreneurs as well as start-ups and large multinationals, and many other contributors, of all employment ages, in urban and remote areas of Canada.

Galaxy Power has indicated in its talks with government officials that thousands of jobs have been created with the multiple Billions of dollars of the national Mining and Oil & Gas investments attributed to Flow Through Shares which were first magnificently instituted by successive Canadian Governments since approximately four (4) decades ago and endorsed by successive Provincial Governments.

Jean-Pierre Colin, President & CEO of Galaxy Power stated, "The historic changes contributing to the new Clean Tech Incentives contained in Budget 2022 are very significant for all Canadians. Galaxy Power warmly thanks and applauds the Canadian Government and all of the politicians and Members of Parliament and the senior government officials who put forward strong climate change action by endorsing new Clean Tech Incentives.

In addition to the well-meaning but financially limited ability of governments, the larger collective economic might of the Canadian Capital Markets is required in order to address the risky challenges of financing the urgent high-priced fight against GHG's. The expansion of Clean Technology Flow Through Share tax provisions has potential to attract the numerous Capital Market participants to become directly involved. Galaxy Power recognizes with pronounced esteem the vital efforts of all the non-partisan participants throughout all of Canada who continually foster the significance and expansion of eligibility of Clean Technology Flow Through Shares."

Jim Payne, President & CEO of dynaCERT stated, "As the owner of 20% of Galaxy Power, dynaCERT is very pleased with the proposed New Tax Credit for Investments in Clean Technology of Budget 2022. This successful endeavour, supported by dynaCERT and Galaxy Power, may have a historical significance one day in Canadian financial history. The long efforts of the entire team at Galaxy Power in furthering the new Clean Tech provisions under Budget 2022 have been endorsed by the entire Canadian Government and we thank governments and parliamentarians for their availability and understanding. dynaCERT also thanks Galaxy Power for their tenacious initiative which can have long lasting economic benefits to dynaCERT ."

About Flow Through Shares

Clean Technology Flow Through Shares can enhance the non-government private sector in Canada to contribute to the international battle against climate change without the reliance on government grants. For more information on the subject of Flow Through Shares, please see the numerous Government of Canada web sites on the subject, including the one below:

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/flow-through-shares-ftss/investors/flow-through-share-program-works.html

About Galaxy Power Inc.

Please see: www.galaxypower.ca

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 ADVISORY

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 completion of the Offering, satisfaction of TSX listing conditions and regulatory approvals. 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.

This Press Release should not be construed as tax advice nor investment advice. Readers are advised that they should consult their own tax advisors and investment advisors in regard to any investment related to Flow Through Shares or investments in Clean Technology Companies.

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 the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of the release.

On Behalf of the Board

Murray James Payne, CEO

For more information:

Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@ dynaCERT .com

News Provided by Business Wire via QuoteMedia

DYA:CA
TSXV:DYA

DynaCERT

Overview

dynaCERT Inc. (TSX:DYA,OTCQX:DYFSF,FRA:DMJ) is a Canadian company with a global solution to reduce pollution. The company has developed the next generation of carbon emission reduction technology for diesel engines in the global market, providing significant fuel savings to the operator. dynaCERT’s verified HydraGENTMtechnology uses a proprietary electrolysis system to turn distilled water into hydrogen and oxygen gases on demand.

HydraGENTM is currently sold in North America and Europe for use in on-road applications and diesel generators. Third-party validated testing results show that HydraGENTM is a unique technology with the ability to reduce greenhouse gas emissions by up to 50 percent and enhance fuel efficiency by up to 19.2 percent for diesel engines of all sizes. The company’s strategy is to expand internationally while developing numerous applications of its HydraGENTM technology in multiple vertical markets.

dynaCERT has established a unique and diversified team around the world, in different jurisdictions, aimed at numerous vertical markets,” said dynaCERT President and CEO Jim Payne. “We have prepared for a future of our proud Canadian company based in Toronto to market its revolutionary technology around the world.”

dynaCERT’s 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 equipment, forestry equipment, marine vessels and railroad locomotives. Through partnerships with industry leaders, major corporations and government bodies, dynaCERT is strengthening its position in the trucking industry while expanding into the light truck, rail, marine and stationary generator markets.

In April 2018, dynaCERT started the Type Approval under Transport Canada and Lloyds Register policies for equipment on marine vessels under the Safety of Life at Sea rules and regulations.

dynaCERT is also targeting the global mining industry as a key market for its technology. HydraGENTM Technology recently earned approval for underground mining applications in Canada. The mining industry is highly dependent on diesel fuel at a time when many mining firms are looking for ways to be more environmentally sustainable. The company showcased HydraGENTM technology at the 2019 Prospectors and Developers Association Convention (PDAC), one of the world’s largest mining conferences.

dynaCERT is gaining a foothold in the European market with the establishment of a wholly-owned company, dynaCERT GMBH, in Germany. TUV NORD and TUV SUD testing and certification were completed in 2018 and the company recently received its KBA Homologation certification. dynaCERT has secured a dealer in Scotland to distribute the HydraGENTM product line across the UK, and has launched a pilot project in Austria to demonstrate emissions reductions from government diesel-powered vehicles.

In Germany, dynaCERT has partnered with Mosolf SE & CO. AG under an MOU that includes a HydraGENTM technology dealer agreement and a purchase order for 1,000 units in 2020. MOSOLF and its subsidiaries will serve as HydraGENTM dealers with the rights to sell and install the technology throughout the European Union. MOSOLF intends to market the technology to the federal and local government entities in Germany. Due to strong demand, dynaCERTshipped the first of one hundred HydraGENTM units to MOSOLF in November 2019, ahead of the 2020 schedule.

In India, the company already has received iCat certification, earned firm orders, signed LOIs with two provinces and through its dealers is continuing in talks with governments of India about the ways dynaCERT’s technology can help address the nation’s major air pollution problems. In the Middle East, the company has established relationships with distributors in the key markets of Dubai and Israel.

dynaCERT has also established a presence in Mexico, through its partner KarbonKleen Inc. To date, KarbonKleen has ordered 400 HydraGENTM units for its clients who supply trucking equipment to the largest labor union in Mexico.

Company Highlights

  • Patented HydraGENTM technology system supplies engines with pure hydrogen and oxygen gases to generate a cleaner, more efficient burn.
  • Third-party validation and testing results show greenhouse gas emissions reduction up to 50 percent and fuel savings up to 19.2 percent.
  • Award-winning technology, including 2019 German Innovation Awards for Energy Solutions; first prize at the 2019 Mining Cleantech Challenge in Colorado, Top Gold Award in 2018 Edison Awards for Vehicle Advancements and 2019 Gold Certificate Award from the European Society for Quality Research.
  • Advancing into European, South Asian and Middle Eastern markets.
  • dynaCERT has received approval to market, sell, install and use its HydraGENTM technology in Germany and throughout the European Union.
  • Global-scale carbon credit market strategy.
  • Establishing market presence in the mining industry with first significant agreement with an original equipment manufacturer.
  • HydraGENTM Technology recently earned approval for underground mining applications in Canada.
  • R&D facility for large stationary power generator, marine and rail markets.

Key Projects

Key Technology: HydraGENTM

Delivering carbon emission reduction technologies and cutting-edge solutions for a global market.

dynaCERT’s HydraGENTM system is a portable, safe and reliable aftermarket technology that uses distilled water to produce hydrogen and oxygen gases on demand for use in internal combustion engines. The HydraGENTM has the ability to adjust to various concentrations of hydrogen and oxygen mixtures to calibrate the perfect formula for specific engine types, maximizing benefits. The technology is designed with safety features that ensure hydrogen is never stored within the unit nor on board a vehicle.

The system includes a smart electronic control unit (ECU) that reads, collects and stores data pertaining to fuel efficacy and emissions. dynaCERT’s Smart ECU can interface with the onboard computer of any engine and can be remotely accessed by both the company and end-users, allowing for the monitoring of fuel savings, carbon credits and GPS tracking.

“Our team, led by a former RIM technology expert, has developed a smart ECU that is constantly learning, gathering analytics, and using algorithms to modify the flow of gases depending on the condition variables—climate, altitude, hills, torque, humidity, etc.—to find the sweet spot,” said Payne. “That is something that certainly separates us from anything else in the market.”

In May 2019, dynaCERT announced it had received a US patent for its SMART ECU and a second patent in August 2019.

“My team and I worked diligently to build the SMART ECU as a first step to be able to control the HydraGENTM Technology products,” said dynaCERT Senior Technical Advisor David Bridge. “This patent firmly establishes dynaCERT as a Canadian innovator in the field of carbon emission tracking and carbon credit solutions.”

Introducing hydrogen into the air intake of a diesel engine creates a cleaner, more efficient burn.

Conventional emission control solutions treat engine exhaust gases after the burn, at the expense of power and fuel economy. The HydraGENTM system treats toxic emissions at the source.

Benefits of the technology include:

  • increased fuel economy
  • increased torque
  • extended engine oil life
  • significant reduction in carbon emissions

dynaCERT announced lab test results for its HG1 unit for class 8 trucks in November 2016. After 20-plus hours of testing, the Automotive Centre of Excellence (ACE) verified HydraGENTM fuel savings and emissions reductions.

“The HydraGENTM’s capability to reach up to 50 percent in the reduction of greenhouse gases and over 19 percent in fuel savings met and exceeded our expectations. Trucks equipped with the HydraGENTM unit can reduce particulate matter by over 65 percent, significantly reducing the black smoke being emitted into the environment,” Payne stated.

In October 2016, dynaCERT also took possession of a new 8,000-square-foot facility. The lease expansion provided the capacity to produce 2,000 HydraGENTM units per shift monthly, at a retail price of US$8,750 or US$10,000 once installed.

In August 2019, dynaCERTlaunched its HydraGENTM HG2 line. The HG2 units are smaller and provide similar advantages to the HG1 model. The HG2 unit is ideal for use in smaller diesel engines used in buses, class 2 and class 7 vehicles, refrigerator trailers and containers, mobile construction equipment, small generators and smaller trucks typically found in Europe and India.

Diesel Trucking Market

Carbon emission reduction and increased fuel economy are the HydraGENTM’s two most critical features for the transportation industry of today and tomorrow.

The US trucking industry represents an estimated 15.5 million trucks with an average of 192,000 new trucks sold each year and accounts for nearly 13 percent of the nation’s total fuel consumption. Fuel is the number one largest fixed cost for the trucking industry.

dynaCERT,’s initial HydraGENTM unit design is targeted at transport trucks and is capable of delivering three liters per minute. The system is powered directly from the vehicle’s power system for high electrical efficiency. The water reservoir and the rest of the system is contained in a lightweight, impact-resistant, Kraton-modified ABS cabinet that is mounted to the outside of the vehicle.

While initial production is expected to focus on sales to the trucking industry, the company is also poised to become a major supplier of carbon emission reduction technology to the automotive, light-truck, rail, marine and off-grid power sectors.

Fleet management system and application

In December 2016, dynaCERT retained Nektar Data Systems, an international fleet management systems consulting group, to create a fleet management system capable of providing real-time tracking, monitoring, analysis and reporting from data collected by the dynaCERT Smart ECU. Using a portal fully controlled and managed by dynaCERT, HydraGENTM technology users can view their performance in real-time.

To supplement its HydraGENTM technology, dynaCERT has launched a vehicle telematics device software called HydraLyticaTM, which provides easy access to fuel savings and carbon emission reduction reports. The telemetry device allows the company, its dealers and clients to monitor truck engine performance, diesel fuel economy and carbon emission reductions. the calculated savings of diesel and carbon emissions as a truck is traveling. HydraLyticaTM is expected to provide the company with proof to the market that the HydraGENTM technology works as stated.

dynaCERT is working with world-renowned data security software company, Cosario Limited to ensure user privacy with its HydraLyticaTM software. Cosario’s management team were pioneers in the same critical data security software which is now used in international payments systems such as Apple Pay and PayPal. By ensuring data security, dynaCERT can stay compliant with the data privacy laws including the European Union’s General Data Protection Regulation.

Carbon Credits

In March 2019, dynaCERT initiated carbon credit applications for its HydraGENTM technology. It is estimated that a Class 8 truck traveling long haul routes can generate up to $1,500 euros per year (C$2,278 per year) in carbon credits based on the current market price of $15 euros per tonne of carbon dioxide. dynaCERT’s goal is to create a world-wide program to enable any earned carbon credits to be shared with end-users of its HydraGENTM technology under a contractual subscription program.

dynaCERT’s innovative proprietary software algorithms in its SMART ECU2 can track the creation of carbon credits. The company has added successful fintech entrepreneur Brian Semkiw to its advisory board. Semkiw recently engaged his organization, 3rdGP, to further develop software that will enable the tracking of carbon credits generated by dynaCERT’s HydraGENTM technology. 3rdGP is the world’s first third-generation processing payments company with an emphasis on blockchain and IoT payments processing solutions.

Large stationary power generator, rail and marine markets

dynaCERT has designed a 300 liter per minute HydraGENTM unit for use in large stationary power generation combustion engines for the utilities, rail and marine industries. Nearly three-quarters of installed generating capacity in the Caribbean is diesel-engine based. Wartsila engines are commonly used on transport shipping vessels. Outfitting just one cargo ship could generate close to $1 million in sales. Globally, there are more than 90,000 commercial cargo ships in operation today.

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. 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 and gas and stationary generators world-wide.

Through its dealer, H2 Tek, the company received an initial order for three HG145-6C large engine HydraGENTM technology products from an international leader in mining for deployment in a large Brazilian open-pit mine as well as another mining company in Argentina. The client is looking to reduce its environmental footprint by reducing the greenhouse gas emissions of its fleet of mining trucks and equipment. H2 Tek is currently in discussions with over 20 large mining companies operating in Chile, Peru, Argentina, Brazil, Mexico and the US to further develop a market for dynaCERT’s technology.

In April 2019, dynaCERT entered into an agreement with Total Equipment Services Inc. (TES), an underground mining equipment manufacturer. It is the company’s first significant agreement with an original equipment manufacturer. TES has become a dealer of dynaCERT’s HydraGENTM technology and is expected to market dynaCERT’s HG145 products to its clients in Canada. The companies are also expected to work together to create new markets for dynaCERT’s products and integrate HydraGEN™ technology with equipment manufactured by TES. In November 2019, TES has launched a user case study involving a comprehensive analysis that will track the effectiveness of the HydraGENTM Technology in underground mining operations by measuring the changes in emissions and fuel economy.

KarbonKleen Partnership

In July 2019, dynaCERTreceived an initial purchase order for 100 HydraGENTM HG145B units from KarbonKleen. Prior to the purchase order being placed, KarbonKleen had partnered with Alliance Holdings Group, which supplies trucking equipment to one of the largest labor unions in Mexico.

Shortly after the initial order was secured, KarbonKleen placed an order for an additional 300 HG145B units and provided end-users of dynaCERT ‘s technology with a compelling financing alternative. The new financing alternative falls under a monthly subscription service that KarbonKleen has agreed to facilitate.

Customers who sign onto a two-year subscription through one of the company’s dealers are eligible for the KarbonKleen money-back guarantee if their registered trucks drive at least 5,000 miles (8,047 kilometres) per month. If dynaCERT’s technology doesn’t save the client more than its subscription price, KarbonKleen indicates that it will refund the subscription cost.

In November 2019, dynaCERTcompleted the delivery of the first one hundred and fifty HydraGENTM Technology Units to KarbonKleen for installations in Mexico. KarbonKleen’s clients span five different trade unions under the Confederation of Mexican Workers (CTM), the largest trade union federation in the country. Together these unions control 1 million trucks used for a variety of types of shipments including trans-border to the USA.

“At KarbonKleen, we are very pleased that such a large organization as CTM has placed their confidence in our companies and the HydraGENTM Technology, including our ability to deliver in a timely manner. Such an important project will result in significant fuel savings for workers in Mexico as well as provide a front-line offensive against the grave pollution problem crippling Mexico City, ” said Brian Semkiw, CEO of KarbonKleen.

Management Team

Jim Payne - President, CEO and Director

Jim Payne has successfully built and managed his own private companies for more than 38 years. He has years of experience in accounting, business leadership, and the legal aspects of governance. With a strong leadership presence, Payne is leading dynaCERT in a way that has helped to streamline corporate activities, generate growth, form new partnerships, and bring the corporate vision to a reality. Payne also serves as CEO of his privately held consulting, project management and real-estate development company, operating in the GTA and surrounding areas. He graduated from St. Clair College in Construction Engineering, Project Management and Estimating in 1974.

Wayne Hoffman - Chairman

Wayne Hoffman has served as a member of the Corporation’s Business Advisory Committee since October 2007. He is a Chartered Accountant and business executive with one of America’s finest companies, Deere & Company, a corporation that is customer driven and places a heavy emphasis on quality and teamwork. He served as Vice-President, Finance at John Deere Limited for 25 years and President of John Deere Credit for over 8 years. As well, Hoffman spent two years in Deere & Company’s Business Development Dept. responsible for mergers and acquisitions.

Carmelo Marrelli - CFO

Carmelo Marrelli is a Chartered Professional Accountant (CPA, CA, CGA) and serves as Chief Financial Officer of a number of other Canadian public companies including some listed on the Toronto Venture Exchange and the Toronto Stock Exchange.

Enrico Schlapfer - VP Global Sales

Being Swiss, it is without question that Enrico Schlapfer is a winter sports enthusiast. He has learned there is no such thing as “I can’t” by implementing winter snow sport in the paraplegic and mentally handicapped community. As a result, he brings forward the same mentality “nothing is impossible” to his business protocol. He is a seasoned brand development, sales and marketing professional with over 20 years of experience in multiple industries. His exposure to various business cultures, widely divergent professionals and his fluency in five languages ensures his comfort level in global sales. Before devoting his work full-time to dynaCERT Inc., Sclapfer has had key sales positions in prestigious companies such as Nestle, Traxdata and Targus. In addition, he has served as Sales director and COO in WorldConnect in which he was a business partner.

Khoa Tran - Director of Finance

Khoa Tran, B.A., has over 20 years of financial reporting and accounting experience. This includes over 15 years in management positions in world class global businesses for manufacturing and service environments. He has expertise in cost accounting, financial analysis and reporting, variance analysis and government reporting. Mr. Tran was previously the Director of Finance for a mid-sized manufacturing company and Controller for various mid-sized and Fortune 500 automotive and manufacturing companies with international offices.

Jean-Pierre Colin - Director & Corporate Secretary

Jean-Pierre Colin is a consultant to high-growth publicly listed companies. He has been a recognized senior securities industry executive and effective investment banking professional providing financing and mergers and acquisitions services to numerous prosperous issuers in Canada. As a result of his extensive financial background throughout his career, he has been called to lead teams of corporate finance professionals at national securities dealers, such as Richardson Greenshields, JP Colin Securities, Deacon Capital, Octagon Capital and Desjardins. He has also served as a high-profile corporate board director and C-suite executive of numerous public companies, often chairing audit committees, compensation committees and corporate governance committees, including with Premier Gold Mines; Wolfden Resources, sold to Zinifex for over $350 million; Virginia Gold whose Eleonore property was sold to Goldcorp for over $ 1 billion; and, Pelangio Mines, the former controlling shareholder of Detour Gold, one of Canada’s largest gold mining operations. Mr. Colin holds a DCS from McGill University where he studied Biology & Engineering, an MBA from the University of Western Ontario, a Law Degree from the University of Ottawa and also practiced corporate law prior to his investment-banking profession

Dr. Richard Lu - Director

Dr. Richard Lu has more than 25 years of global experience developing and implementing business strategies for organizations in North America, Europe and Asia. He has extensive experience in the energy industry. He was the President of Sky Solar (Canada) Ltd., and a Managing Director at Sky Solar Holdings Co., Ltd. Dr. Lu was the VP of Business Development at ARISE Technology Corporation, where he was instrumental in securing its long-term supply chain funding of close to $1 billion dollars. He also previously held the position of Chief Conservation Officer and VP of Toronto Hydro Corporation, where he developed and executed a sweeping portfolio ($110 million) of Conservation, Demand Management and Distributed Energy programs and was instrumental in creating an energy conservation culture in Ontario. Prior to that he was the Vice-President of Environment, Health and Safety, ensuring Toronto Hydro Corporation’s commitment to providing a safe and healthy workplace for employees and the strategies for achieving sustainable development and growth are successfully met. Lu has held senior positions with Enbridge Gas Distribution, Husky Injection Molding Systems Ltd., and Dillon Consulting.

Ronald Perry - Director

Ronald Perry serves as Vice-President of Metanor Resources and has been its Treasurer and a Director since March 2007. Perry has over 35 years of accounting, financial and entrepreneurial business experience in high technology, venture capital and merchant banking companies. Since the year 2000, he has been the Founder and serves as President of Briolijor Corporation, a financial consulting company to both private and public corporations. Perry has been involved in all facets of business including statutory reporting, internal controls, legal aspects as well as all administrative responsibilities. He serves as a Director of Manitex Capital Inc. and was a Director of Pinetree Capital. Perry is a Chartered Accountant and holds a Bachelor of Commerce in Accounting and Business Administration from the Concordia University. He also has a Graduate Diploma in Accountancy from the Concordia University.

Dr. Elliot Strashin - Director

Dr. Elliot Strashin brings with him a wealth of experience across a number of industries. His involvement with public mining companies began with Maple Minerals from 1996 to 2001, where he served as a director. In April of 1999, he joined the board of Canadian Golden Dragon Resources as Corporate Secretary and became President and CEO in January of 2000. He continues to serve Dragon under its new name, Trillium North Minerals, as CEO and President. Dr. Strashin is also CEO and President of Strashin and Sons Limited, a private real estate development company that specializes in LEED1 certified, green building. dynaCERT’s plant and offices are located in one of these buildings. In keeping with his green focus, Dr. Strashin has also involved himself in green technologies as a co-founder of Ellsin Environmental Ltd., which has built a prototype tire recycling plant in Sault Saint Marie and is a wholly-owned subsidiary of Environmental Waste International Inc. He is also a 50 percent shareholder and CFO of Puma Hydrocarbons, a company whose purpose is to promote and generate sales for green technologies, including dynaCERT products.

TSXV:DYA

dynaCERT Launches into the FreightTech Industry

dEInk8RUx9Inc.(TSX:DYA)(OTCQX:DYFSF)(FRA:DMJ)("dEInk8RUx9"orthe"Company")ispleasedtoannouncethatitsHydraLytica

OTC:DYFSF

dynaCERT Receives Conditional Approval to Graduate to the Toronto Stock Exchange

dynaCERT Inc. (TSXV:DYA) (OTCQB:DYFSF) (FRA:DMJ) (“dynaCERT” or the “Company”) is pleased to announce that it has received conditional approval from the Toronto Stock Exchange (“TSX”) to graduate its listing from the TSX Venture Exchange (“TSXV”) to the TSX.

The Company is also pleased to report that it has closed its transactions with KarbonKleen Inc. (“KarbonKleen”) and dynaCERT International Strategic Holdings Inc. (“DISH”), as previously announced on May 11, 2020 (See Press Release dated May 11, 2020).

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OTC:DYFSF

dynaCERT Invests in the USA and Receives a Purchase Order for 3,000 HydraGEN™ Units

dynaCERT Inc. (TSXV:DYA) (OTCQB:DYFSF) (FRA:DMJ) (“dynaCERT” or the “Company”) is pleased to report that it has granted to KarbonKleen Inc. (“KK”), dynaCERT’s Preferred Service Provider, the exclusive Dealership rights in the trucking industry in the United States of America until December 31, 2024. The exclusivity granted to KK is subject to certain quotas of a minimum of 150,000 HydraGEN™ Technology Units over a little more than three years. On May 9, 2020, KK has provided the Company with a purchase order for 3,000 HydraGEN™ Technology Units as described below.

Concurrent with this transaction, KK has entered into a strategic partnership with Velociti Inc. (“Velociti”), whereby Velociti will provide installation services for KK throughout the USA and elsewhere where Velociti operates and also to provide HydraGEN™ Technology Units to Velociti’s existing clients.

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OTC:DYFSF

dynaCERT Inc. Invites You to Join Us at the Vancouver Resource Investment Conference

dynaCERT Inc. (TSXV:DYA) would like to cordially invite you to visit us at Booth #610 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday January 19 – Monday January 20, 2020.

The Vancouver Resource Investment Conference has been the bellwether of the junior mining market for the last twenty-five years. It is the number one source of information for investment trends and ideas, covering all aspects of the natural resource industry.

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What is Cleantech Investing?

What is Cleantech Investing?

Clean technology, or cleantech, refers to products, services and technologies that reduce negative environmental impacts through improving energy efficiency, the sustainable use of resources or environmental protection activities.

Cleantech spans several industry verticals, including: renewable energy generation, energy storage, energy efficiency, transportation, air and environment, clean industry, water and agriculture. Together, this array of sectors constitutes much of the diverse market of cleantech investing.

The key trends dominating the global cleantech sector in 2022 are energy storage, electric vehicles (EVs), hydrogen solutions and carbon capture. Read on for more of what the space looks like today.

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Top 5 Canadian Cleantech Stocks of 2022

Click here to read the previous top Canadian cleantech stocks article.

Investment in renewable energy and clean technology continues to grow. Despite setbacks due to COVID-19, global green recovery efforts have been a boon for the cleantech market.

Analysts see a few key trends dominating the cleantech sector worldwide, such as offshore wind energy, agricultural technology, electric vehicles (EVs), EV infrastructure and clean energy commercial long-haul transportation solutions, including hydrogen and energy storage installations.

With 2022 in full swing, here’s a look at the top Canadian cleantech stocks on the TSX and TSXV. CSE-listed stocks were considered, but none made the cut. All companies listed had market caps of at least C$10 million as of July 14, 2022. Numbers and figures were current at that time, with data gathered using TradingView’s stock screener.

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STEER EV Subscription Platform Expands to Texas

Facedrive Inc. (" STEER " or " the Company ") (TSXV: FD) (OTCQX: FDVRF), an integrated ESG technology platform, is pleased to announce that STEER EV, the Company's electric vehicle (" EV ") subscription-based service, has added a new service area, Texas to its US operations. The service is immediately available to the residents of the state, with the regional hub situated in Austin. STEER EV has been growing its fleet in Q1 - Q2 2022, and plans an ambitious expansion trajectory both in fleet size and geographical presence for Q3 through Q4.

STEER EV Subscription Platform Expands to Texas (CNW Group/Facedrive Inc.)

STEER EV, a technology-driven EV subscription platform, was acquired by the Company from Exelorate Enterprises LLC, a subsidiary of Exelon Corporation (NASDAQ: EXC), in September 2020 . STEER EV was created to challenge the traditional car ownership model and accelerate the general public's switchover to environmentally friendly transportation through an automobile subscription service. The Company feels its turnkey month-to-month model – which includes insurance, maintenance, vehicle swaps and concierge delivery – presents an attractive alternative for customers seeking a time-efficient and hassle-free service.

The Company sees STEER's EV subscription business capitalizing on two mega-trends in the personal transport industry. The global electric vehicle market is expected to grow at an appreciable rate of 26.8% CAGR from 2021 to 2030 1 , and consumers are increasingly opting for more flexible driving options such as per-use or subscription-based services instead of traditional car ownership. STEER EV's expansion into Texas is also a critical step in the scaling up of the Company's operations, as this state represents the second largest car market in the United States . 2

In the first phase of its launch in Texas , STEER's fleet will consist of Tesla Model S for the "Premier Performance" tier, Tesla Model Y for the "Preferred Plus" tier and Tesla Model 3 vehicles for the "Preferred" tier. The Company feels the local market response has been particularly strong and has already resulted in significant oversubscription, based on the Company's current capacity levels in the region. STEER plans to meet this demand by continuing to scale up operations, including adding more vehicles to the fleet in the weeks to follow.

STEER's expansion to Texas comes within the context of rising gas prices, coupled with growing public attention to the issue of climate change and governments' intensifying efforts to mitigate these effects. As an ESG ecosystem, STEER is committed to addressing environmental, social and governance concerns, and will continue working towards a better future alongside responsible governments, businesses and individuals. Capitalizing on the ongoing dramatic shift in the automotive industry and consumer behavior patterns, the Company's STEER EV division has embraced the rising global trends of environmental consciousness and sharing economy.

STEER EV aims to combine the compelling story behind STEER's vision with excellent customer service standards and a commitment to operational excellence. Its customer signup process is easy and can be started in one click on the official STEER EV mobile app in IOS and Android app stores, while more information on the service and support options is available on the STEER EV website www.steerev.com . STEER's all-in subscription price for an EV vehicle includes driver essentials such as insurance, routine maintenance and repair, and a concierge service that removes the hassle of car ownership while enabling seamless vehicle swaps. STEER's seamless user experience, bespoke concierge service and growing fleet enables it to aspire for a leadership position in the industry and grow a loyal fan base in its existing markets.

"The launch of STEER EV to Texas, USA , marks an important next step in the platform's North American expansion and reflects the ever-growing demand for environmentally responsible transport by both individuals and enterprises. Furthermore, STEER EV meets an unfulfilled demand in the marketplace for a turnkey car subscription service. Having proved the efficacy and the popularity of the STEER business model in our Washington and Toronto markets, we are focused on replicating its success in Texas and offer hassle-free and flexible access to high-quality EV's to the state's residents. After Texas , our nationwide rollout will continue with the launch in Florida which is anticipated in the next 60 days, followed by launches in British Columbia and California ," said Suman Pushparajah , CEO of STEER.

About the Company

STEER is an integrated ESG technology platform that moves people and delivers things through subscription and on-demand services. The Company's goal is to build a one-of-a-kind system that aggregates conscientious users, through a series of connected offerings, and enables them to buy, sell, or invest with the same platform, STEER. The Company's offerings generally fall into two categories: subscription-based offerings led by its flagship electric vehicle subscription business, STEER EV, and on-demand services incorporating delivery, B2B marketplace, Delivery-as-a-Service (DaaS) and rideshare businesses. The Company's platform is also powered by EcoCRED, its big data, analytics and machine learning engine which seeks to capture, analyze, parse and report on key data points in ways that measure the Company's impact on carbon reductions and offsets.

For more about the Company, visit www.facedrive.com .
Suman Pushparajah , CEO
suman@facedrive.com
STEER
100 Consilium Pl, Unit 400
Scarborough, ON
Canada M1H 3E3
www.facedrive.com

Forward-Looking Information

Certain information in this press release contains forward-looking information, including with respect to the Company's business, operations and condition, management's objectives, strategies, beliefs and intentions, and the company's forward plans to rebrand. This information is based on management's reasonable assumptions and beliefs in light of the information currently available to us and are made as of the date of this press release. Actual results and the timing of events, such as those pertaining to the Company's launch in Texas and intended fleet growth, may differ materially from those anticipated in the forward-looking information as a result of various factors. Information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. Statements containing forward-looking information are not facts but instead represent management's expectations, estimates and projections regarding future events or circumstances. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements.

See "Forward-Looking Information" and "Risk Factors" in the Company's Annual Management Discussion & Analysis (MD&A) for the year ended December 31, 2021 (filed on SEDAR on May 2, 2022 ) and its interim MD&A for the period ended March 31, 2022 (filed on SEDAR on May 30, 2022 ) for a discussion of the uncertainties, risks and assumptions associated with these statements and other risks. Readers are urged to consider the uncertainties, risks and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information. We have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities legislation and regulatory requirements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

STEER Logo (CNW Group/Facedrive Inc.)

SOURCE Facedrive Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2022/05/c4012.html

News Provided by Canada Newswire via QuoteMedia

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How to Invest in Cleantech

How to Invest in Cleantech

There’s no denying the importance of the cleantech sector — even more so as climate change continues to be a growing concern on a global level.

It should come as no surprise, then, that interest in the cleantech sector is making waves, and there’s no shortage of opportunities available for the cleantech investor.

For example, according to Fortune Business Insights, the global market for green technology will be worth US$51.09 billion by 2029. These technologies include those targeting green building, agriculture, air and water pollution monitoring and carbon footprint management.

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