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TORONTO— dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) (“dynaCERTor the “Corporation”) announces the resignation of its auditors, BDO Canada LLP (“BDO”). BDO resigned on his own initiative, resignation which was considered by dynaCERTaudit committee. BDO has indicated that his resignation is a business decision of this company and has confirmed that there are no events to report, “disagreements” or “unresolved issues” (as these terms are defined in the National Instrument 51-102 – Continuous disclosure obligations) as part of the change of statutory auditor. dynaCERT begins the process of hiring a replacement auditor for fiscal year 2022.
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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 delivers these gases via the air intake for improve combustion, which reduces carbon emissions and improves fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, refrigerated trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and locomotives a railway. Website: www.dynaCERT.com.
ADVICE TO THE READER
Except for statements of historical fact, this press release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is often characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other words similar, or statements that certain events or conditions “may” or “will” occur. In particular, the forward-looking information contained in this press release includes, but is not limited to, the Company’s audit committee’s review of the resignation of BDO Canada LLP as auditor of the Company and the beginning of a process of finding a replacement. 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, achievement performance. Accordingly, there can be no assurance that actual results achieved will be the same, in whole or in part, as those set forth in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management as of the date the statements are made, and is subject to a variety of risks and uncertainties and other factors that could cause events or actual results differ materially from those anticipated in the forward-looking information. – search for information. Some of the risks and other factors that could cause actual 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 produce the expected benefits; availability and cost of capital; the ability to identify, develop and achieve commercial success for new products and technologies; the level of expenditure necessary to maintain and improve the quality of products and services; technological developments and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy which is evolving at an unanticipated pace; our ability to secure and maintain strategic relationships and distribution agreements; and 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 considered exhaustive.
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The forward-looking information contained in this press release is expressly qualified by this cautionary statement. We undertake no obligation to update forward-looking information to conform to actual results or to changes in our expectations, except as required by applicable securities laws. 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
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220805005494/en/
contacts
Jim Payne, CEO and President
dynaCERT Inc.
#101 – 501 Avenue Alliance
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 ext 2
[email protected]dynaCERT.com
Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 ext 1
[email protected]dynaCERT.com
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