MATERIAL CHANGE REPORT
Name and Address of Company
Dynamotive Energy Systems Corp (the “Issuer”)
140 – 13091 Vanier Place
Richmond, BC V6V 2J1
Tel: (604) 295-6800
Date of Material Change
September 7, 2010
Issued September 7, 2010 disseminated via Filing Services Canada and
retransmitted by Business Wire.
Summary of Material Change
Dynamotive Energy Systems Corp. has received expressions of interest from two parties to enter
into strategic alliances to further its business.
Full Description of Material Change
5.1 Full Description of Material Change
Vancouver, Canada, September 7, 2010 – Dynamotive Energy Systems Corp. (OTCPK: DYMTF)
announced that it has received expressions of interest from two parties to enter into strategic
alliances to further its business. The offers received are subject to completion of due diligence and
The Board of Directors after consideration of the conditional offers received authorized
Dynamotive’s President and Chief Executive Officer Mr. Andrew Kingston to commence exclusive
negotiations with one of the parties with a view to enter into definitive agreements.
Mr. Andrew Kingston commented that the Company had been in preliminary negotiations with a
number of parties from Europe, US and South East Asia since the engagement of Cascadia
Capital in February this year. Cascadia Capital is acting as financial advisor in the transaction.
The Company said, that given the nature of negotiations it does not intend to disclose
developments regarding the review of strategic alternatives, other than that it had entered into
exclusive negotiations with a specific party and the retention of its investment bank, Cascadia
Capital, unless and until definitive agreements are reached.
5.2 Disclosure for Restructuring Transactions
Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102