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dynaCERT Launches $5 Million Equity Offering to Boost HydraGEN™ Sales

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dynaCERT Launches $5 Million Equity Offering to Boost HydraGEN™ Sales

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The latest update is out from dynaCERT ( (TSE:DYA) ).

dynaCERT Inc. has announced a non-brokered private placement offering of up to 33,333,334 units at $0.15 per unit, aiming to raise $5 million. The proceeds will be used to finance sales of its HydraGEN™ Technology Products and for working capital, enhancing its operations in the mining, oil & gas, and transportation sectors. This move is expected to bolster the company’s market presence and financial resources.

More about dynaCERT

dynaCERT Inc. operates in the technology sector, primarily focusing on developing and marketing emission reduction technologies. Its flagship product, HydraGEN™, is designed for use in the mining, oil & gas, transportation, and generator sectors globally.

YTD Price Performance: -14.71%

Average Trading Volume: 233,507

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$64.02M

See more insights into DYA stock on TipRanks’ Stock Analysis page.

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