Eric Sprott's 2176423 Ontario Ltd., a 10% Holder, acquired 28,000,000 Common Shares on a direct ownership basis at a price of $0.500 through a prospectus or prospectus exempt offering on November 29th, 2019. The insider also acquired 14,000,000 Warrants with an exercise price of $0.650 through until November 26, 2021. This represents a $14,000,000 net investment into the company's shares and an account share holdings change of greater than 100%.
DynaCERT is in the Electrical Components & Equipment Sub Industry Group under the Industrials Sector.
dynaCERT Inc., formerly Dynamic Fuel Systems, Inc., is an energy sector company that specializes in delivering carbon emission reduction technologies to a global marketplace. The Company is engaged in the development of hydrogen generating systems designed for commercial use. The Company is engaged in the design, engineering, manufacturing, testing, distributing and installation of a transportable hydrogen generator aftermarket product, originally targeted for use in the heavy tractor trailer industry. Its flagship product includes HydraGen. Its technology creates hydrogen and oxygen on-demand through electrolysis and supplies these additives through the air intake to enhance combustion. The Company's technology is in use with on-road, off-road, rail, marine and power generation applications. Its electrolysis system and electro chemical machining (ECM) provides the delivery of hydrogen (H2)/oxygen (O2) concentrations. Its subsidiary includes Dynamic Fuel Systems USA Inc.
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