Exhibit 21 Subsidiaries (wholly -owned) of the Company 1. DynaMotive Corporation - incorporated in Rhode Island, USA - June 29, 1990 2. DynaMotive Electrochem Corporation - incorporated in the Province of British Columbia - April 27, 1993 3. DynaMill Systems, Ltd. - incorporated in the Province of British Columbia - June 12, 1996 4. DynaMotive Europe Limited - incorporated in the United Kingdom - August 30, 1996 5. DynaMotive Puerto Rico, Inc. - incorporated in Puerto Rico - February 18, 1997 6. DynaPower, Inc. - incorporated in the Province of British Columbia - May 9, 2000 7. DynaMotive Canada, Inc. - incorporated in Canada - November 16, 2000