Breaking Cleantech Stock News: dynaCERT (TSX: $DYA.TO) (OTCQX: $DYFSF) Acquires a 15% Ownership of Cipher Neutron; @dynaCERT

Breaking Cleantech Stock News: dynaCERT (TSX: $DYA.TO) (OTCQX: $DYFSF) Acquires a 15% Ownership of Cipher Neutron; @dynaCERT

 

 

TORONTO, ON - June 11, 2024 (Investorideas.com Newswire) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce an initial acquisition totalling fifteen percent (15%) of Cipher Neutron Inc. ("Cipher Neutron" or "CN").

 

dynaCERT has agreed to receive 7,178,000 Units of equity of Cipher Neutron, each Unit consisting of one (1) Class A Share in the capital of Cipher Neutron and one half (1/2) of a Class A Share Purchase Warrant. This acquisition totals 7,178,000 Class A Shares in the capital of the Cipher Neutron and 3,589,000 Class A Share Purchase Warrants, representing fifteen percent (15%) of the common shares of Cipher Neutron on an undiluted basis and over twenty percent (20%) of Cipher Neutron on a fully diluted basis.

 

This acquisition marks dynaCERT's initial equity participation in Cipher Neutron and paves the way for the potential acquisition of additional shares through further investments such as the exercise of Class A Share Purchase Warrants.

 

As consideration for dynaCERT's subscription of equity in Cipher Neutron, the collaboration agreement dated February 17, 2023 and the amendment thereto dated June 28, 2023 between Cipher Neutron and dynaCERT have been terminated by mutual consent of all parties and options under this agreement have been cancelled.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of dynaCERT Inc.

 

Read this news, featuring DYA in full at  https://www.investorideas.com/news/2024/06111DYA-Acquires-Ownership-of-Cipher-Neutron.asp

 

Cipher Neutron's Industry Leadership

Cipher Neutron is a leader in the AEM (Anion Exchange Membrane) electrolysis business, known by industry participants for its cutting-edge technology and remarkable innovation in the sector. Over the past years, Cipher Neutron has achieved significant milestones, including the successful shipment of one of the world's largest AEM electrolyser single stacks. Additionally, CN is on track to develop a 250 kW AEM electrolyser stack, which will be the largest in the world.

 

Furthermore, Cipher Neutron has secured undiluted funding from prestigious government organizations such as the Independent Electricity System Operator (IESO) and Alberta Innovates. This substantial government support underscores the immeasurable potential of Cipher Neutron's groundbreaking technology. With upcoming projects ranging from small Megawatt scale to hundreds of Megawatts, Cipher Neutron has positioned itself as an exceptional investment opportunity.

 

Cipher Neutron's AEM technology is PFAS-free (free of harmful chemicals) and does not require Platinum Group metals to manufacture, ensuring it is both environmentally friendly and cost-effective. Cipher Neutron's scalable and highly efficient AEM electrolysis system offers lower CAPEX and OPEX, making it one of the most sustainable and affordable electrolysers for producing Green Hydrogen.

 

The Green Hydrogen Market

The Green Hydrogen market has been projected to exceed $500 billion by 2030, driven by a global push towards sustainable energy solutions and the decarbonization of industries. As major global economies increasingly invest in green hydrogen, recognizing its potential to reduce greenhouse gas emissions and provide a reliable, renewable energy source, the timing of dynaCERT's strategic equity acquisition is opportune.

 

By acquiring equity in Cipher Neutron, dynaCERT significantly strengthens its strategic position while adding considerable value potential to its shareholders. This equity acquisition aligns seamlessly with dynaCERT's vision of leveraging high-potential growth businesses to enhance shareholder value. dynaCERT has always believed in the transformative potential of Green Hydrogen, and this equity acquisition represents a prime opportunity to diversify the Company's portfolio and support innovative technologies that contribute to a greener future.

This strategic move reaffirms dynaCERT's unwavering commitment to expanding its footprint in innovative and high-growth sectors, providing dynaCERT's shareholders with promising new opportunities, and reinforcing the Company's market position through valuable equity investments.

 

Jean-Pierre Colin, Executive Vice President, CFO & Corporate Secretary & Director of dynaCERT and Director & Corporate Secretary of Cipher Neutron, stated, "I congratulate both Cipher Neutron and dynaCERT for reaching this mutually beneficial agreement after years of friendly negotiations. As well, for dynaCERT shareholders, the benefit of equity ownership in Cipher Neutron is now unequivocably established; it sets up dynaCERT to benefit from the cherished upside potential of Cipher Neutron and removes any uncertainty regarding dynaCERT's ownership participation in Cipher Neutron."

 

Gurjant Randhawa, President and CEO of Cipher Neutron, stated, "Cipher Neutron is pleased to welcome dynaCERT as a new shareholder and appreciates their support of our innovative AEM Electrolyser technology. As a global leader in Green Hydrogen Electrolysers, we have always enjoyed a strong working relationship with dynaCERT and commend them for their continued commitment. By aligning with Cipher Neutron that offers cutting-edge innovation and sustainable technology, we believe this equity participation by dynaCERT can provide the prospect of significant potential and the unusual exposure to a market that offers considerable rapid growth."

 

Jim Payne, Chairman and CEO of dynaCERT, stated, "Our stated mission of being a global leader in the New Hydrogen Economy is significantly advanced by our strategic equity participation in a rapidly expanding enterprise like Cipher Neutron. dynaCERT's ownership stake in Cipher Neutron, an AEM electrolyser leader, offers a promising opportunity in North American public markets and provides the unique exposure in the global growth of green hydrogen. This substantial equity interest in Cipher Neutron positions dynaCERT with the advantages to leverage this growth asset and enhance corporate value, designed for the benefit of all our shareholders."

 

About Cipher Neutron Inc.

Cipher Neutron is a rapidly growing disruptive technology company focused on AEM Electrolysers for Green Hydrogen production and Reversible Fuel Cells for power generation and Energy Storage Solutions. Cipher Neutron is a global group of scientists, engineers, technology developers, experts in hydrogen technology, investment bankers and people that have worked in hydrogen for decades. Cipher Neutron's innovative products, such as AEM Electrolysers and Reversible Fuel Cells have unique advantages over other Green Hydrogen production, power generation and energy storage solutions currently available in the global market. Please see: www.cipherneutron.com.

 

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica™ Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits 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, which has shown to lower carbon emissions and improve 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. Website: www.dynaCERT.com.

 

READER ADVISORY

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, information relating to Cipher Neutron Inc., AEM Electrolysers, the green hydrogen markets and dynaCERT Inc.’s investment in Cipher Neutron Inc. and its potential cannot be independently verified. 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 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 the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of the release.

 

On Behalf of the Board
Murray James Payne, CEO

 

Contacts

For more information:
Jim Payne, CEO & President
dynaCERT Inc.
#101 - 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

 

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com

 

Gurjant Randhawa, CEO & President
Cipher Neutron Inc.
101 - 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (647) 803-0002
grandhawa@cipherneutron.com

 

dynaCERT Inc. (TSX:DYA.TO) (DYFSF) is a featured Renewable Energy / Fuel Cell stock on Investorideas.com

 

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Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Appoints Suzanne Rich Folsom to the Board of Directors; @defensemetals

Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Appoints Suzanne Rich Folsom to the Board of Directors; @defensemetals

 

 

VANCOUVER, BC - May 31, 2024 (Investorideas.com Newswire) Defense Metals Corp. ("Defense Metals" or the "Company") (TSX-V:DEFN / OTCQB:DFMTF/ FSE: 35D) is pleased to announce the appointment of Suzanne Rich Folsom to the Board of Directors of the Company.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Defense Metals Corp.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2024/05311DEFN-Suzanne-Rich.asp

 

Suzanne Rich Folsom is an experienced independent director, C-Suite executive, and influential business leader. Most recently she served as Senior Vice President and General Counsel, at Philip Morris International where she was a key leader in the company's transformation. Previously she was General Counsel, Chief Compliance Officer, and SVP-Government Affairs, at United States Steel Corporation where she also played a pivotal leadership role in that company's transformation as well as helping reinvigorate U.S. Steel's business growth. Throughout her career, Ms. Folsom has been a change agent and catalyst for organizational growth at multiple companies and organizations.

 

Her career includes senior corporate executive roles at ACADEMI, as the EVP, General Counsel, and Chief Compliance Officer, at AIG, as the Deputy GC and Chief Regulatory & Compliance Officer, and at the World Bank where she was the Counselor to the President and Director of the Department of Institutional Integrity. In addition, Ms. Folsom has held distinctive public administration roles including serving as: the Private Secretary to H.M. Queen Noor of Jordan; First Family Liaison to the Presidential Inaugural Committee; Special Assistant to Barbara Bush; Advisor to the US Delegation to the U.N. World Women's Conference in Kenya; Chief of Staff to the Co-Chair of a U.S. national political party; and she practiced law with three global law firms. She is a frequent thought leadership contributor and speaker and has been recognized in the United States and abroad for her many contributions. Ms. Folsom holds a juris doctorate from Georgetown University Law Center and a bachelor's degree from Duke University. Previous board service has included the boards of Advanced Metallurgical Group AMG, VELUX LLC, and Duke University's Sanford School of Public Policy. Ms. Folsom currently serves on the boards of the iconic Encyclopaedia Britannica, today a global digital media learning and knowledge products company, and Ecore International, a revolutionary leader in rubber circularity and a transformational waste company. She is also an Advisor to EqualFuture LLC, an AI-assisted financial wellness and education FinTech start-up.

 

Ms. Folsom's deep expertise in business strategy, governance, enterprise risk management, mergers and acquisitions, regulatory, compliance, cyber, trade, labor, and global public policy has enabled her to consistently deliver positive and measurable results to the corporate bottom line. Ms. Folsom's extensive leadership, corporate governance, public company, and global government affairs experience make her a highly valuable addition to the Company's Board of Directors.

 

The Company also announces the resignation of Andrew Burgess from its Board of Directors. The Board of Directors and management team thank Mr. Burgess for his contributions during his tenure since his appointment in January 2019 and wish him success in his future endeavours.

 

PFS Updates

The Company expects to announce in H2-2024 its preliminary feasibility study ("PFS") to be prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Minerals Projects, for its 100% owned Wicheeda Rare Earth Element ("REE") project located near Prince George, B.C., Canada.

 

All infrastructure geotechnical field data collection and process design in support of the PFS has been completed. Equipment pricing, tailings disposal options and mine design are currently being advanced and the Company expects to announce the results of the PFS in H2-2024, with the NI 43-101 Technical Report to be filed within 45 days of the announcement.

 

About Defense Metals Corp. and its Wicheeda Rare Earth Element Project

Defense Metals Corp. is focused on the development of its 100% owned, 8,301-hectare (~20,534-acre) Wicheeda REE Project that is located on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada.

 

The Wicheeda REE Project, approximately 80 kilometres (~50 miles) northeast of the city of Prince George, is readily accessible by a paved highway and all-weather gravel roads and is close to infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.

 

Defense Metals is a proud member of Discovery Group. For more information please visit: www.discoverygroup.ca.

 

For further information, please visit www.defensemetals.com or contact:

Alex Heath
Vice President, Corporate Development
Tel: 1 604-354-2491
Email: alex@defensemetals.com

 

Neither the 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 this news release.

 

Cautionary Statement Regarding "Forward-Looking" Information

This news release contains "forward-looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements relating to advancing the Wicheeda REE Project, the expectations and plans for the Wicheeda REE Project, continued progress toward collaborative opportunities with processing partners and strategic partners, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR+ (www.sedarplus.ca). While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain or obtain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical, engineering and pricing assumptions, decrease in the price of rare earth elements, the impact of viruses and diseases on the Company's ability to operate, restriction on labour and international travel and supply chains, loss of key employees, consultants, officers or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.

 

Defense Metals Corp. (TSX-V:DEFN /OTCQB:DFMTF) is a featured mining stock on Investorideas.com

 

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Revolutionizing the Electric Recreational Market (NYSE: $KULR) (NYSE: $PII) (NASDAQ: $VMAR) (NASDAQ: $SEDG) @KULRTech @PolarisInc @marine_vision @SolarEdgePV

Revolutionizing the Electric Recreational Market (NYSE: $KULR) (NYSE: $PII) (NASDAQ: $VMAR) (NASDAQ: $SEDG) @KULRTech @PolarisInc @marine_vision @SolarEdgePV  

 

May 24, 2024 - Investorideas.com, a go-to investing platform covering electric vehicles releases a report on the evolution of the sector as the recreational market follows suit, featuring KULR Technology Group, Inc (NYSE American:KULR), a global leader in safe and high-performance energy storage solutions.

 

This is a paid news dissemination for KULR

 

Read this article, featuring KULR in full at https://www.investorideas.com/news/2024/renewable-energy/05241Electric-Recreational-Stocks.asp

 

As all industry sectors of vehicles build out their electric portfolios, battery safety is still a key issue to address. ResearchandMarkets reported, ”In line with rapidly evolving electric mobility demands, the process of EV battery formation and testing is cementing its role as a critical industry segment. Technological advancements and rigorous testing measures are the linchpins for establishing stable, efficient, and secure battery operation that meets consumer expectations and strict regulatory frameworks.”

 

With battery safety as a key service and betting on a future of the electrification of multiple industries, (KULR Technology Group, Inc. (NYSE American:KULR) just added to its growing list entering the electric recreational products sector.

 

KULR just announced it has been awarded an engineering contract with Bombardier Recreational Products (NASDAQ: DOOO) for the Company’s Fractional Thermal Runaway Calorimetry (FTRC) testing services. This milestone underscores KULR's expanding influence and commitment to advancing battery safety in the rapidly growing electric recreational products sector. With an already established presence in space and military safe battery designs, KULR looks to continue discussions and market expansion with potential customers from major electric aviation, electric maritime, EV, and recreational off-road vehicle manufacturers.

 

Paid news dissemination for KULR:

The partnership highlights BRP’s proactive approach to thermal runaway management across all its e-mobility market verticals – including National Fire Protection Association (NFPA) 1192, while concurrently aligning with KULR’s development of the KULR ONE Design Solutions (K1-DS) platform, which focuses on regulatory compliance, including battery cell testing, propagation-resistant materials, pack and module level testing. The NFPA 1192 standard establishes fire and life safety criteria for recreational vehicles to provide protection from loss of life from fire and explosion.

 

"Securing this contract with BRP is a testament to the critical role that FTRC plays in ensuring the safety and reliability of next-generation consumer facing e-mobility products," said Michael Mo, Chief Executive Officer of KULR. "FTRC analysis is quickly becoming the de facto method to characterize cell-level thermal runaway, and we are actively working to expand our throughput for this testing in the coming months."

 

KULR's exclusive worldwide license for NASA’s large format FTRC positions the company as the industry standard for battery testing and design services. Serving top automakers, space exploration companies, and electric truck manufacturers, KULR’s FTRC technology offers comprehensive thermal runaway characterization for various cell types. This crucial technology enhances battery safety across industries, providing detailed insights into thermal runaway behavior and aiding in regulatory compliance. As the global battery testing market is projected to reach USD 16.5 billion by 2030, KULR’s FTRC capabilities ensure safe, high-capacity batteries for a sustainable future.

 

BRP Inc. (Bombardier Recreational Products) (NASDAQ: DOOO), a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus, announced in February it added two new electric models available to more commercial users such as ski centers and recreational resorts, as well as consumers to play around their cabin. These new models are designed for more traction and flotation in loose snow.

 

Polaris (NYSE:PII), a global leader in powersports and its dvision, Polaris Commercial, introduced earlier this year its  all-new, all-electric Pro XD Full-Size Kinetic utility vehicle (UTV) ,engineered from the inside out to withstand tough jobsite duty cycles and enable all-day operation with zero exhaust – taking operational efficiency and sustainability to the next level. The Pro XD Kinetic further expands the industry-leading line-up of commercial work UTVs that boast durability, serviceability and safety features while increasing the environments and areas these all-electric UTVs can operate.

 

Polaris has been a leader in the electric UTV space with the class-leading and award-winning RANGER XP Kinetic. The all-electric RANGER has been called game changing and the gold standard for battery EV UTVs.

 

Also addressing safety in the electric recreational vehicle market, Vision Marine Technologies, Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion announced yesterday the filing of its fourth patent on May 15, 2024, for a dedicated high-voltage marine battery pack. This battery pack is a key element of the E-Motion™ Marine Powertrain Technology and will also be available as a standalone product for future recreational electric powerboats.

 

Over a rigorous five-year development period, Vision Marine meticulously tested and evaluated various batteries to power the E-Motion™ Electric Powertrain. Existing solutions fell short of the high standards for performance, security, and ease of installation required for a premier marine powertrain. Determined to address this gap, Vision Marine engineered a bespoke solution prioritizing security, performance, and user-friendly installation.

 

The Vision Marine team created a state-of-the-art marine battery surpassing automotive standards, featuring NMC (1) cells and an advanced battery management system. This unique battery is designed to endure the critical challenges of electric boating, with high voltage delivery, sophisticated electronic communications, and internal cooling tailored for the E-Motion™ Technology.

 

SolarEdge (NASDAQ: SEDG), a global leader in smart energy technology has also entered the recreational market. SolarEdge e-Mobility has developed The Modular electrification kit for trailers to overcome driving range challenges of electric vehicles and increase customer’s comfort.

 

According to the company website, “Modular e-Trailer, equipped with our system, is the key to autonomy and comfort without making compromises in environmental protection. It can support your EV, generate solar and recuperation energy, and play the role of solar residential storage, being an integral part of your home power network.”

 

As the electrification of all transportation rolls out from EV’s to aviation, recreational – battery safety and performance will remain some of the biggest issues to overcome.

 

Positioned to capitalize on these multiple markets,  KULR Technology Group, Inc (NYSE American:KULR) announced in January that it “is now the only entity in the world providing comprehensive fractional thermal runaway calorimetry testing services for every cell type, regardless of capacity or format. This breakthrough win firmly establishes KULR as the de facto industry standard battery testing and design services provider in the world to the largest OEM customers across all industries.”

 

Continued: “Sole access to this all-important thermal runaway data decisively positions KULR as a crucial strategic partner for OEM customers requiring state-of-the-art battery safety design, testing, storage, and recycling throughout any part or all of the battery’s life cycle.”

 

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