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Released Oct 24, 2023 – 6 minute checked out
TORONTO– dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) (“dynaCERTor the “Company”) is delighted to upgrade its investors and reveal that it has actually concurred with Earthood Services Pvt. Ltd., (“Earthood”) on a conclusive timeline to advance dynaCERT’s Approach Development and Review Process, formerly revealed by dynaCERT in combination with its application with Verra, the supervisor of the world’s leading voluntary carbon markets program. See Press Releases outdated November 18, 2019, January 25, 2021, October 18, 2021, December 8, 2021, and August 25, 2022.
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dynaCERT’s exclusive HydraGEN ™ Technology and HydraLytica ™ Technology created to minimize carbon emissions in diesel motor.
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Earthood has actually been voted as World’s Best Verification Company of 2023 by Environmental Finance’s effort of Voluntary Carbon Market Rankings.
Please see: https://www.environmental-finance.com/content/awards/voluntary-carbon-market-rankings-2023/
Earthood was picked by dynaCERT to examine and supply services in regard of the “Validation of the Methodology” in accordance with the terms set out in the suitable program guidelines.
Earthood has actually been settling an evaluation report on the Methodology for enhanced performance of fleet lorries and combustion engines (the “Assessment Report”), which is anticipated to support the Methodology which will be utilized by dynaCERT to verify its Carbon Credits under Verra’s VCS Program. Please see www.earthood.in for more info about Earthood.
The concurred timeline in between Earthood and dynaCERT is developed to conclude the Assessment Report procedure by December 31, 2023, at the current. To assist in and speed up the procedure, Earthood has actually suggested that it now anticipates to offer its Technical Review (the “TR”) and a last submission of its TR findings to dynaCERT by mid-November 2023. If all findings are liquidated properly and adequately, Earthood will launch the last approach recognition report by end of November 2023.
Archit Srivastava, Vice President (Strategy & & Growth) at Earthood specified, “We have actually worked vigilantly with dynaCERT to assist recognize its excellent possible with its HydraGEN ™ Technology and HydraLytica ™ Technology and are happy to continue the work to the settle our evaluation report. Earthood is a pioneering force in the carbon balanced out confirmation market with a credibility as a worldwide well-known auditing & & accreditation company, offering tactical assistance and services in the world of Climate Change, Net Zero, Sustainability to name a few. Earthood is extensively considered the leading option for customers looking for options to the most complicated and ground-breaking tasks, no matter their place worldwide. Understood to be examining the “very first of its kind tasks”, Earthood’s exceptional track record is backed by its accreditations from 12 prominent companies such as the United Nations and Verra. Considering that 2012 Earthood has actually now become a prospering business with workplaces in 5 nations and a portfolio of over 2000+ tasks worldwide.”
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Jim Payne, CEO of dynaCERTmentioned,”At dynaCERT we are happy to be dealing with Earthood towards the facility of Carbon Credits stemmed from our HydraGEN ™ Technology and HydraLytica ™ Technology which are created to lower carbon emissions in diesel motor. Our group method of professionals has actually shown to work effectively, and we have actually established various patents. United States Patent No: 11,416,872 B2, “Systems and Methods for Tracking Greenhouse Gas Emissions Associated with an Entity” has actually been approved in the United States along with a lot of crucial Jurisdictions around the world either as trademarked or patent pending. These patents are suitable in 10 various verticals consisting of Residential, Industrial, Commercial, Power Generation, Railway, Marine, Aviation, Agricultural and On Road & & Off-Road entities. We eagerly anticipate revealing such more accretive turning points for our Company in advancing our work to establish our distinct Carbon Credit chances.”
About dynaCERT Inc.
dynaCERT Inc. produces and disperses Carbon Emission Reduction Technology in addition to its exclusive HydraLytica ™ Telematics, a method of keeping an eye on fuel intake and computing GHG emissions cost savings developed for the tracking of possible future Carbon Credits for usage with internal combustion engines. As part of the growing worldwide hydrogen economy, our trademarked innovation produces hydrogen and oxygen on-demand through a special electrolysis system and materials these gases through the air consumption to boost combustion, which has actually revealed to lower carbon emissions and enhance fuel effectiveness. Our innovation is developed for usage with lots of types and sizes of diesel motor utilized in on-road cars, reefer trailers, off-road building, power generation, mining and forestry devices. Site: www.dynaCERTcom.
READER ADVISORY
This news release of dynaCERT Inc. includes declarations that make up “positive declarations”. Such positive declarations include understood and unidentified threats, unpredictabilities and other aspects that might trigger dynaCERT’s real outcomes, efficiency or accomplishments, or advancements in the market to vary materially from the prepared for outcomes, efficiency or accomplishments revealed or suggested by such positive declarations. In specific, info connecting to Verra, the VCS Program, Carbon Credits and Earthood Services Pvt. Ltd. can not be separately validated. There can be no guarantee that such declarations will show to be precise, as real outcomes and future occasions might vary materially from those prepared for in such declarations. Appropriately, readers must not position unnecessary dependence on positive declarations. Real outcomes might differ from the positive details in this press release due to specific product danger aspects. This press release is not planned for circulation to U.S. news services or for dissemination in the United States.
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Other than for declarations of historic truth, this press release includes particular “positive info” within the significance of suitable securities law. Positive info is often defined by words such as “strategy”, “anticipate”, “task”, “plan”, “think”, “expect”, “quote” and other comparable words, or declarations that specific occasions or conditions “might” or “will” take place. We think that the expectations shown in the positive info are affordable, there can be no guarantee that such expectations will show to be appropriate. We can not ensure future outcomes, efficiency of accomplishments. There is no representation that the real outcomes accomplished will be the very same, in entire or in part, as those set out in the positive info.
Positive info is based upon the viewpoints and price quotes of management at the date the declarations are made and go through a range of dangers and unpredictabilities and other elements that might trigger real occasions or results to vary materially from those prepared for in the positive details. A few of the dangers and other aspects that might trigger the outcomes to vary materially from those revealed in the positive details consist of, however are not restricted to: unpredictability regarding whether our methods and company strategies will yield the anticipated advantages; accessibility and expense of capital; the capability to recognize and establish and accomplish industrial success for brand-new items and innovations; the level of expenses required to keep and enhance the quality of product or services; modifications in innovation and modifications in laws and guidelines; the unpredictability of the emerging hydrogen economy; consisting of the hydrogen economy moving at a speed not expected; our capability to protect and keep tactical relationships and circulation arrangements; and the other danger aspects revealed under our profile on SEDAR at www.sedar.comReaders are warned that this list of threat elements need to not be interpreted as extensive.
The positive info included in this press release is specifically certified by this cautionary declaration. We carry out no responsibility to upgrade any of the positive details to adhere such info to real outcomes or to modifications in our expectations other than as otherwise needed by appropriate securities legislation. Readers are warned not to put excessive dependence on positive details.
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Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is specified in the policies of the Toronto Stock Exchange) accepts obligation for the adequacy or precision of the release.
On Behalf of the Board
Murray James Payne, CEO
View source variation on businesswire.com: https://www.businesswire.com/news/home/20231024883935/en/
Contacts
For more details:
Jim Payne, CEO & & President
dynaCERT Inc.
# 101– 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne @dynaCERTcom
Financier Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte @dynaCERTcom
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