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dynaCERT ( (TSE:DYA) ) has issued an announcement.
dynaCERT Inc. has successfully closed a $5,000,000 non-brokered equity offering, issuing 33,333,333 units comprising common shares and purchase warrants. The proceeds are intended to finance the global sales of their HydraGEN™ technology to sectors such as mining, oil & gas, and transportation, as well as for working capital and general corporate purposes. This strategic move supports dynaCERT’s positioning within the growing hydrogen economy and bolsters its market presence in carbon emission reduction solutions.
More about dynaCERT
dynaCERT Inc. operates in the carbon emission reduction technology industry, with a focus on manufacturing and distributing technologies such as HydraGEN™ and HydraLytica™ Telematics. These products are designed to enhance fuel efficiency and lower carbon emissions for diesel engines used across various sectors, including transportation, mining, and power generation.
YTD Price Performance: -11.76%
Average Trading Volume: 265,582
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$66.23M
For a thorough assessment of DYA stock, go to TipRanks’ Stock Analysis page.