11:58 AM EDT, 04/01/2024 (MT Newswires) -- dynaCERT Inc. (DYA.TO), a developer of carbon emission reduction technology, said over the weekend that it indefinitely suspended a purchase order of its HydraGEN Technology units in Guyana, citing delivery issues and related litigation.

The company previously said it delayed deliveries to the recipient pending further notice that certain outstanding issues had been resolved.

dynaCERT said the issues have yet to be fixed despite months of talks with the representatives of the order recipients. The company has also been notified of legal actions requesting the return of the deposit and claim for damages.

dynaCERT said the litigation has no merit.

The company's shares were last seen down C$0.005 to C$0.15 on the Toronto Stock Exchange.