TORONTO, Feb. 23, 2017 /CNW/ - dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) ("dynaCERT" or the "Company") is pleased to announce that it has been named to the 2017 TSX Venture 50®, a ranking of top performing companies traded on the TSX Venture. dynaCERT ranks as the top company across all sectors based on 2016 data.
dynaCERT has realized a 558% increase in share price and 677% increase in market capitalization. A brief video on dynaCERT, produced by the TMX Group, can be found at www.tsxventure50.com and by clicking the link below:
The 2017 TSX Venture 50® is an annual ranking of top performing companies from five industry sectors: Clean Technology and Life Sciences, Diversified Industries, Mining, Oil & Gas, and Technology. They were selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.
"TSX Venture Exchange is Canada's leading capital formation platform for growth stage companies and an important part of our country's vibrant and unique capital markets continuum," said Brady Fletcher, Managing Director, TSX Venture Exchange. "We are proud to once again recognize the success of TSX Venture 50 companies, and remain dedicated to fueling entrepreneurialism by providing a market where small and early-stage companies can take their ideas and innovations to the next level."
Jim Payne, President and CEO of dynaCERT, states, "dynaCERT is very proud to rank No. 1 overall on the TSX Venture Exchange for 2016 share price appreciation and market capitalization. We are honored to be recognized for this prestigious achievement. We strive to continue to grow and excel in 2017 as we are in the manufacturing and revenue stage."
About dynaCERT Inc.
dynaCERT Inc. manufactures, distributes, and installs Carbon Emission Reduction Technology for use with internal combustion engines. Our patent-pending technology creates hydrogen and oxygen on-demand through electrolysis and supplies these additives through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is currently in use with on-road applications. More information can be found at www.dynaCERT.com.
Except 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 periodic updates of results, testing programs and results, negotiations with third parties concerning potential business transactions, and the timing of certain going forward projects. 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 or 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 results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
On Behalf of the Board
Murray James Payne, CEO
SOURCE dynaCERT Inc.
For further information: Jim Payne, CEO & President, dynaCERT Inc., #101 - 501 Alliance Avenue, Toronto, Ontario M6N 2J1, (416) 766-9691 x 2, jpayne@dynaCERT.com; Investor Relations, dynaCERT Inc., Nancy Massicotte, (416) 766-9691 x 1, ir@dynaCERT.com