TORONTO, April 09, 2019 (GLOBE NEWSWIRE) -- dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that a U.S. patent (U.S. Patent No. 10,253,685) has been issued for dynaCERT’s U.S. Patent Application No. 14/423,602 titled ‘Method and System for Improving Fuel Economy and Reducing Emissions of Internal Combustion Engines’ on April 9, 2019. A continuation application (U.S. Patent Application No. 16/280,091), claiming the benefit of the U.S. Patent Application No. 14/423,602, was filed on February 20, 2019 and is currently pending. A corresponding application is also filed in Canada under Canadian Application No. 2882833, and is also currently pending.
Previously Issued Options
The Company wishes to clarify disclosure of its recent issue of options as published in its press release dated March 1, 2019 where it was announced that 6,000,000 options had been awarded to a number of directors, officers, advisors and consultants with an exercise price of $0.38 per share for a term of 5 years. In fact, only 5,000,000 such options were issued. In November 2018, 1,000,000 options had been issued which did not require press release disclosure under TSXV Policy 4.4.