Business
dynaCERT Inc. Announces Management Change, Option Grant and Filing of Shareholder Meeting Materials
TSX-V Symbol: DYA TORONTO , Aug. 23, 2013 /CNW/ - dyna CERT Inc. (TSX-V: DYA) (" ...
About this update from Dynacert Inc.
[{"type":"text","content":"\n\n\nTSX-V Symbol: DYA\n\n\nTORONTO, Aug. 23, 2013 /CNW/ - dynaCERT Inc. (TSX-V: DYA) (\"dynaCERT\" or the \"Corporation\") announces that Mr. David Sikkema has stepped\n down from his position as Chief Operating Officer of dynaCERT.  Mr. Sikkema continues to serve on the Board of Directors for dynaCERT and has entered into a Consulting Agreement with the Corporation in\n connection with the ongoing contribution by Mr. Sikkema of his time and\n skills in the areas of Product Development, Customer Support and Field\n Services.  The Consulting Agreement is for a term of one year\n (renewable for a further four year term) and compensates Mr. Sikkema on\n an hourly basis at a rate of $35/hr., together with 100,000 Options,\n which have been granted to Mr. Sikkema and are exercisable at a price\n of $0.17 for a period of 5 years.\n\n\nThe Corporation also announces that it has filed its Management Proxy\n Circular and related materials in connection with its upcoming Annual\n and Special Meeting of Shareholders, which is scheduled for 11:00 a.m.\n (Eastern time) on Friday, September 27, 2013 at Ambiance Banquet Hall,\n 501 Alliance Avenue, Toronto, Ontario, Canada M6N 2J1.\n\n\nAbout dynaCERT Inc.\n\n\ndynaCERT Inc. manufactures, distributes, and installs Carbon Emission\n Reduction Technology for use with internal combustion engines.  Our\n patent-pending technology creates hydrogen and oxygen on-demand through\n electrolysis and supplies these additives through the air intake to\n enhance combustion, resulting in lower carbon emissions and greater\n fuel efficiency.  Our technology is currently in use with on-road\n applications.  More information can be found at www.dynacert.com\n\n\nForward Looking Information\n\n\nThis release includes forward looking statements, which are based on\n certain assumptions and reflects management's current expectations. \n These forward looking statements are subject to a number of risks and\n uncertainties that could cause actual results or events to differ\n materially from current expectations.  Some of these factors include:\n general global economic conditions; general industry and market\n conditions and growth rates; uncertainty as to whether our strategies\n and business plans will yield the expected benefits; increasing\n competition; availability and co...