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CALGARY, AB / ACCESSWIRE / April 12, 2019 / Sparta Capital Ltd. (TSXV: SAY) (the 'Corporation' or 'Sparta') is sticking to its own mantra 'Do What's Right®' and is preparing for future fuel mixtures by outfitting ten of its operating highway vehicles with HydraGENTM Technology.
In a recent press release, dynaCERT (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) ('dynaCERT') announced that Sparta's Newport fleet of ten highway tractor trailers will soon run on dynaCERT's HydraGENTM Technology; a system designed to enhance combustion and track greenhouse gas emissions. This Canadian technology disassociates distilled water into its two base molecules of hydrogen (H2) & Oxygen (O2) gases, producing them on demand for injection into the combustion chamber of a diesel engine. The system was developed to reduce harmful emissions and provide significant savings on fuel.
'Our team is very familiar with the effects and benefits dynaCERT's HydraGENTM can provide; not only reducing emissions but enhancing fuel economy in the process,' said John O'Bireck, President of Sparta. 'As part of Sparta's overall strategy of looking to transform single-use plastics into useful alternative fuel mixtures and thus finding environmentally responsible places to deploy them, enhancing the combustion process with hydrogen becomes obvious. By combining the two complimentary fuels it is anticipated that we can drop our carbon footprint [for this fleet alone] by more than 700 tonnes/year. With HydraGEN's inherent ability to measure, track and present resulting changes in GHG emissions, we look forward to presenting our results as they become available,' Mr. O'Bireck went on to say.
Recently, Sparta announced a Joint Venture with Pi.ECO Canada Ltd., to convert unsortable waste plastic into clean synthetic fuel, on an industrial scale. In addition, they are working with other Canadian technology to develop a decentralized model of converting small batches of single-use plastic into immediately useable fuels.
The HydraGENTM Technology will be installed within the next few weeks and it shouldn't be long before they are able to review the first emissions tracking report.
The makers of the HydraGENTM Technology are a Toronto based, internationally growing, energy company. Recently, dynaCERT won the Mining CleanTech Challenge in Denver. Their technology was deemed the best among a highly competitive field of entries that included companies from Canada, the United States and Israel.
Sparta Capital Ltd. is a company that owns or holds a controlling interest in a network of independent businesses that supply energy saving technologies designed to reduce energy inefficiencies, achieve reduced emissions and increase operating efficiencies in various industries. Sparta's network of independent businesses provides a wide range of specialized energy capturing, converting, optimizing, and related services to the commercial sector. Sparta provides capital, technical and engineering expertise, legal support, financial and accounting knowledge, strategic planning and other shared services to its independent businesses.
For more information contact:
John O'Bireck, President
Telephone: (905) 751-8004
This news release contains 'forward-looking information' within the meaning of applicable securities laws. When used in this news release, the words 'estimate', 'project', 'belief', 'anticipate', 'intend', 'expect', 'plan', 'predict', 'may' or 'should' and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although the Corporation believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, readers are cautioned to not place undue reliance on forward-looking information because the Corporation can give no assurance that they will prove to be correct. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date of publication of this news release and the Corporation undertakes no obligation to update such forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Furthermore, the Corporation undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Corporation. In particular, this news release contains forward-looking statements relating to, among other things, statements pertaining to the Corporation's business and Advisory Board and actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the failure to obtain necessary regulatory approvals, necessary financing and risks associated with the environmental technologies industry in general. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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SOURCE: Sparta Capital Ltd.