Mr. Jim Payne reports
DYNACERT APPOINTS SETH BARUCH TO ITS ADVISORY BOARD AND CARBONOMICS TO IMPLEMENT VERRA CARBON CREDIT PROJECTS
DynaCERT Inc. has appointed Seth Baruch to DynaCERT's advisory board and Carbonomics LLC as a consultant to DynaCERT to implement Verra carbon credit projects.
Mr. Baruch is an innovative sustainability executive with a highly successful record of implementing clean energy projects around the world. He has accumulated a deep understanding of the energy industry and new technologies, particularly in renewable energy, energy efficiency, water, waste management and energy storage. He started, built and sold a carbon-trading company and was directly responsible for projects that are reducing millions of tonnes of greenhouse gas emissions every year.
For 14 years, Carbonomics helps businesses realize the potential of carbon offsets in the United States and international emission-trading markets. Carbonomics identifies greenhouse gas (GHG) reduction opportunities, determines how projects can generate carbon offsets and guides companies through the entire process -- from project inception to annual verification. Carbonomics is a leading developer of carbon offset projects using new and innovative technologies. Companies come to Carbonomics when they want to bring new carbon assets to the marketplace. And with low-greenhouse-gas technologies developing at a furious rate, such as DynaCERT's HydraGEN technology, Carbonomics brings that innovation to the carbon market.
Mr. Baruch, a member of DynaCERT's
advisory board and chief executive officer of Carbonomics, stated, "With the transport sector being such a challenge to decarbonize, I look forward to working with the DynaCERT team on its carbon credit projects and as an advisory board member."
Jean-Pierre Colin, executive vice-president, director and chief financial officer of DynaCERT, stated: "The global importance of reducing carbon emissions requires that this process be carried out professionally and effectively. I welcome Seth to the DynaCERT team as his unwavering dedication and vast experience of implementing carbon credit projects aligns with our goals of enabling users of diesel engines to participate in reducing planetary warming."
Jim Payne, chairman and chief executive officer of DynaCERT, stated: "On behalf of the entire board of DynaCERT and our growing team of dedicated experts in carbon reduction, I warmly welcome Seth to our advisory board. Seth and his company, Carbonomics, have long-term experience with the entire process of Verra carbon credits -- from obtaining suitable project approvals and all the way to monetizing the resulting carbon credits that our clients can benefit from. With Seth, our corporate goals to implement Verra carbon credits are one major step closer to realizing the global impact that our HydraGEN technology offers to our clients. I look forward to discussing our developments and objectives with our clients and dealers in the following weeks."
Pursuant to its stock option plan and in accordance with regulatory requirements, the company announces that it has issued 250,000 options to a consultant to purchase its common shares in the authorized share structure of the company, the exercise price of each such option being 25 cents per share, for a period expiring Dec. 10, 2029.
About DynaCERT Inc.
DynaCERT manufactures and distributes carbon emission reduction technology, along with its proprietary HydraLytica telematics, a means of monitoring fuel consumption and calculating GHG emission savings designed for the tracking of possible future carbon credits for use with internal combustion engines. As part of the growing global hydrogen economy, DynaCERT's patented technology creates hydrogen and oxygen on demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, which has shown to lower carbon emissions and improve fuel efficiency. The company's technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, and off-road construction, power generation, mining and forestry equipment.
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