HydraGEN™ Technology Approved in Underground Mining
October 25 2019 - 5:00AM
dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ)
(“dynaCERT” or the “Company”) is pleased to report that its
HydraGENä Technology has been approved for underground mining
applications in Canada pursuant to a formal risk assessment
commissioned by dynaCERT’s Dealer, Total Equipment Services Inc.
(“TES”), based in Sudbury, Ontario, and one of TES’s major
underground mining customers in Northern Ontario. (See Press
Release dated April 11, 2019)
TES, with support of dynaCERT engineers,
recently participated in risk assessment exercises with one of its
operating mining customers in Northern Ontario in Canada. The
Workplace Risk Assessment and Control (WRAC) was undertaken to
develop a better understanding of any occupational health and
safety hazards that could possibly arise from the installation of a
HydraGENä Unit. The planned installation is to be on a SPARTA
Utility Vehicle (boom truck) of TES that is currently being used by
the mine in underground situations.
Through the risk ranking process, the HydraGENä
Technology that TES plans to install according to specified mine
standards has met approval. The next steps are expected to begin in
November 2019 with the launch of a user case study. This
comprehensive analysis will track the effectiveness of the
HydraGENä Technology underground by measuring the changes in
emissions and fuel economy.
Kevin Whynott, President & CEO of TES stated
“We are excited by this ground-breaking development to start
testing the effectiveness of the HydraGENä Units underground.
We know how important lowering diesel emissions are to the mining
community. As the advancement of other emission solutions have been
slow moving, we are confidently hoping that this is a solution that
can start lowering emissions immediately.”
Jim Payne, President & CEO of dynaCERT,
stated, “At dynaCERT, we have always understood the opportunity for
our HydraGENä Technology which provides carbon emission reduction
and NOx reductions to the underground mining industry. TES has been
a strong supporter and catalyst in obtaining approval of what is a
key milestone for our Company. I thank Kevin Whynott and his entire
team for their important achievement.”
Risk assessment involves the assigning of a
level of risk to each of the known health and safety hazards,
followed by the ranking of those hazards. A hazard is any source of
potential damage, harm or adverse health effects on something or
someone under certain conditions at work. Risk is generally
considered to be the chance of something happening that will have
an impact on objectives. It is usually measured in terms of event
likelihood and consequences.
Total Equipment Service Inc.
TES is a fully-integrated mining supply company that provides
equipment and service solutions to the mining industry. TES works
closely with their mining partners to evaluate their needs and
develop customized solutions that keep their mine moving.
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 supplies these gases
through the air intake to enhance combustion, resulting in lower
carbon emissions and greater fuel efficiency. Our technology is
designed for use with many types and sizes of diesel engines used
in on-road vehicles, reefer trailers, off-road construction, power
generation, mining and forestry equipment, marine vessels and
railroad locomotives. Website: www.dynaCERT.com
READER ADVISORYExcept for
statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable
securities law. Forward-looking information is frequently
characterized by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate" and other similar
words, or statements that certain events or conditions "may" or
"will" occur. In particular, forward-looking information in this
press release includes, but is not limited to the potential
expansion into new markets, industries and segments, such as
diesel- powered use of any the dynaCERT products and sales.
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, performance of achievements.
Consequently, there is no representation that the actual results
achieved will be the same, in whole or in part, as those set out in
the forward-looking information.
Forward-looking information is based on the
opinions and estimates of management at the date the statements are
made, and are subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ
materially from those anticipated in the forward-looking
information. Some of the risks and other factors that could cause
the 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
yield the expected benefits; availability and cost of capital; the
ability to identify and develop and achieve commercial success for
new products and technologies; the level of expenditures necessary
to maintain and improve the quality of products and services;
changes in technology and changes in laws and regulations; the
uncertainty of the emerging hydrogen economy; including the
hydrogen economy moving at a pace not anticipated; our ability to
secure and maintain strategic relationships and distribution
agreements; and the 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 construed as exhaustive.
The forward-looking information contained in
this news release is expressly qualified by this cautionary
statement. We undertake no duty to update any of the
forward-looking information to conform such information to actual
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required by applicable securities legislation. Readers are
cautioned not to place undue reliance on forward-looking
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responsibility for
the adequacy or
accuracy of the
release.
On Behalf of the Board Murray James
Payne, CEOFor more information, please
contact:
Jim Payne, CEO & PresidentdynaCERT Inc.#101 – 501 Alliance
Avenue Toronto, Ontario M6N 2J1 +1 (416) 766-9691 x
2jpayne@dynaCERT.com
Investor RelationsdynaCERT Inc. Nancy Massicotte +1 (416)
766-9691 x 1ir@dynaCERT.com
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