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Dominovas Energy Agrees to Terms for Financing

ATLANTA, GA--(Marketwired - Jul 27, 2015) - Dominovas Energy Corporation (OTCQB: DNRG), an energy-solutions company headquartered in Atlanta, GA, announces it has engaged Pyrenees Investments, LLC as the Company's investment bank to prepare a private placement of shares of common stock and warrants to purchase shares of common stock for gross proceeds of up to US$10 million.

The Company intends to use the net proceeds of the offering, excluding any future proceeds from the exercise of the warrants, to fund working capital and other general corporate purposes. The offering is expected to close prior to the end of Q3 2015, subject to satisfaction of customary closing conditions. Pyrenees Investments is acting as the Company's placement agent on a best efforts basis.

The capital raised will allow Dominovas Energy to expand its energies in the manufacture and deployment of clean, reliable and sustainable power generation via the RUBICON™, its Solid Oxide Fuel Cell (SOFC) system. Eric Fresh, Sr. Vice President of Finance and Investments, commented, "Hiring Pyrenees Investments to secure investment capital to support the working capital needs of Dominovas Energy further enhances the Company's ability to expand its efforts to meet the documented demand for increased power generation and electricity supply worldwide.

"Equally important, the capital raise, as proposed, would promote a financing structure that more appropriately supports the long-term growth prospects and objectives of Dominovas Energy. Given Dominovas Energy's elevated trading profile, evidenced by daily volume and the increased presence of institutional investors, the Company is consistently attracting an ever more knowledgeable and supportive investor base that is affording us the opportunity to secure financing through structures that typically are more often utilized for funding growth stage, pre-revenue public companies."

Mr. Fresh added, "As a company, we are quickly graduating from a typical micro-cap company's reliance on the use of potentially toxic forms of convertible debt and equity-based financing. Conversely, financing structures involving common shares with warrants align the interests of investors more closely to those of the Company."

The securities if offered in a private placement may not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws. Accordingly, if the Company chooses this route, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. In any event however, the securities will be offered only to accredited investors. Pursuant to any registration rights agreement with the investors, the Company will have to agree to file a registration statement with the SEC covering any resale of the shares of common stock, as well as any shares of common stock issuable along with any exercise of any applicable warrants within 30 days of any closing date.

Further details of any placement, as may be required, would be described in Current Report on Form 8-K as would be filed with the SEC by the Company along with any of the appropriate transaction documents. Additionally, they would be attached and/or included to any filed Form 8-K, including the exhibits, with respect to this or any subsequent transaction(s).

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Pyrenees Investments, LLC

Pyrenees Investments is a full-service Microcap Advisory Firm with headquarters in Las Vegas, NV with associate offices in Los Angeles, CA and Lakeland, FL. Pyrenees Investments' services include, but are not limited to, capital placements in equity, preferred equity, convertible equity, public offerings, follow-on offerings, asset-based lending, first-lien lines of credit, and mezzanine debt. Since its inception, Pyrenees Investments has raised more than $30 million in growth and expansion capital for micro-cap companies.

About Dominovas Energy Corporation (OTCQB: DNRG)

Founded in 2005, Dominovas Energy Corporation (DEC) is a publicly traded company, based in Nevada. With its operating headquarters in Atlanta, Georgia, USA, Dominovas Energy Corporation is a leading power solutions provider to emerging markets around the world. DEC employs its proprietary RUBICON™ Solid Oxide Fuel Cell (SOFC) technology for deployment in multi-megawatt power generation units worldwide. The worldwide pursuit of clean and efficient production of electricity via Solid Oxide Fuel Cell technology inspired its founders to create an "energy solutions" company. Recognizing that "green" and "alternative energy" markets offer immense potential for growth, Dominovas Energy is aggressively moving to allocate its intellectual and financial capital forthwith, in order to strategically address a green energy solution that is 100% reliable, efficient, and measurably cleaner than GenSets and CCGT. By manufacturing and deploying the RUBICON™ throughout of the world, Dominovas Energy is committed to creating shareholder value by not only generating guaranteed revenue streams, but also by increasing the value of "human and community capital." Devoted to core values by operating under the utmost of honesty and integrity in all its business transactions, Dominovas Energy is additionally dedicated to respecting the rights of all individuals, while acknowledging and respecting all cultures necessary to support the growth and development of the communities and countries in which it operates. The Company strongly believes in the impact this singularly advanced technology will make on the world and is resolute in its mission to provide electricity where and when economically viable. For more information, visit www.dominovasenergy.com.

Forward-Looking Statements

This press release, as well as other statements made by Dominovas Energy Corporation (the "Company"), contain forward-looking statements that reflect, when made, the Company's current views with respect to current events and financial performance. Such forward-looking statements are subject to many risks, uncertainties and factors relating to the Company's operations and business environment, which may cause the actual results of the Company to be materially different from any future results. All statements that address future operating, financial or business performance or the Company's strategies or expectations are forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements as is applicable would be discussed under captions as follows: "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's filings as would be filed with the Securities and Exchange Commission as required. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. It should be remembered that the price of the ordinary shares and any income from them can go down as well as up. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise, except as may be required by law.