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SFC Blueocean Nutrasciences, Inc.

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Share Name Share Symbol Market Type
Blueocean Nutrasciences, Inc. TSXV:SFC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Solutions4CO2 Inc. Announces Closing of Brokered and Non-brokered Private Placements

06/12/2013 1:42pm

Marketwired Canada


Solutions4CO2 Inc. ("S4CO2" or the "Company") - (TSX VENTURE:SFC) is pleased to
announce the closing of its previously announced brokered (the "Brokered
Offering") and non-brokered (the "Non-Brokered Offering") private placements
(together, the "Offering").


Both the Brokered Offering and the Non-Brokered Offering were oversubscribed and
increased such that the Company issued an aggregate of 6,292,330 units (the
"Units") at Cdn$0.30 per Unit, for gross proceeds of $1,887,699. Each Unit
consists of one common share ("Unit Share") of the Company and one common share
purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase
one common share of the Company ("Warrant Share") at a price of Cdn$0.50 per
Warrant Share until December 6, 2015. The Unit Shares, Warrants and Warrant
Shares issued under the Offering are subject to a four-month hold period
expiring on April 7, 2014.


AltaCorp Capital Inc. (the "Agent") was retained by the Company in connection
with the Brokered Offering and was paid broker fees equal to 7% of the Brokered
Offering. The Agent was also reimbursed for certain expenses and disbursements
pursuant to the Offering.


The Offering was conducted in reliance upon certain prospectus and registration
exemptions and is subject to the final acceptance of the TSX Venture Exchange.


About Solutions4CO2 Inc:

Solutions4CO2 is a Canadian company that develops innovative waste-gas, water,
biomass to high-value co-product solutions for the nutraceutical and
pharmaceutical markets using proprietary and licensed technologies under the
trademarks Integrated Biogas Refinery(TM) ("IBR") and Bio-Extraction Process(TM)
("BEP"). The IBR integrates proprietary and licensed technology to process
organic waste streams into high-value algae derived co-products. The BEP
utilizes a liquid solvent process to extract high-value co-products from shrimp
by-products. 


Forward-looking Statements

This news release may contain forward-looking statements that are based on
Solutions4CO2's expectations, estimates and projections regarding its business
and the economic environment in which it operates. These statements are not
guarantees of future performance and involve risks and uncertainties that are
difficult to control or predict. Therefore, actual outcomes and results may
differ materially from those expressed in these forward-looking statements and
readers should not place undue reliance on such statements. Statements speak
only as of the date on which they are made, and the Company undertakes no
obligation to update them publicly to reflect new information or the occurrence
of future events or circumstances, unless otherwise required to do so by law.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Solutions4CO2 Inc.
Douglas Kemp-Welch
CEO
416-803-9435


Solutions4CO2 Inc.
Dil Vashi
Manager Corporate Development
416-803-9435 extension 104
www.s4co2.com

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