03:30 PM EDT, 07/02/2025 (MT Newswires) -- dynaCERT (DYA.TO) was slightly lower and nearer 52 week lows Wednesday after closing its previously announced non-brokered private placement offering of units, issuing 33.33 million units at a price of $0.15 each for aggregate gross proceeds of up to $5 million.

According to a company statement, each unit is comprised of one common share of the company and one common share purchase warrant. Each warrant is exercisable into one common share for $0.20 per warrant for a period of 36 months

dynaCERT intends to use the proceeds to finance sales of the company's HydraGEN Technology products to participants in the mining, oil & gas, transportation and generator sectors on a global basis and for working capital and for general corporate purposes.

The company is trading down $0.005 at $0.135 a share, near a 52 week low of $0.13.

Price: 0.14, Change: -0.01, Percent Change: -3.57