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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 First Tranche of Non-Brokered Private Placement

17/04/2013 9:30pm

Marketwired Canada


Solutions4CO2 Inc. ("S4CO2" or the "Company") (TSX VENTURE:SFC) is pleased to
announce, in compliance with TSX Venture Exchange ("TSXV") policies, the
first-tranche closing of its previously-announced, non-brokered private
placement for gross proceeds of C$480,000 (the "Private Placement"). Pursuant to
the Private Placement, the Company issued 3,200,000 units (the "Units") at
C$0.15 per Unit. Each Unit consisted of one common share ("Common Share") and
one-half of one common share purchase warrant (each whole warrant, a "Warrant").
Each Warrant entitles the holder to purchase one Common Share at a price of
C$0.20 until April 17, 2016. The Common Shares issued are subject to a
four-month-plus-one-day hold period that expires on August 18, 2013.


The Company paid a finder's fee of C$33,600 in connection with the Private
Placement.


The Private Placement was conducted in reliance upon certain prospectus and
registration exemptions. The net proceeds of the Private Placement will be used
to enhance the Company's cash on hand and strengthen its working capital
position. Post closing, the Company will have 39,951,344 shares outstanding. 


About Solutions4CO2:

Solutions4CO2 is a Canadian company that develops innovative waste-gas, water,
biomass to high-value co-product solutions using proprietary and licensed
technologies under the trademarks Integrated Biogas Refinery(TM) ("IBR") and
Bio-Extraction Process(TM) ("BEP"). The IBR integrates best in class
technologies to convert various organic waste streams into high-value algae
co-products. The BEP utilizes supercritical CO2 fluid extraction to extract and
fractionate high-value co-products from shrimp by-products. Solution4CO2's
business model allows the company to participate in joint-venture projects with
partners across the waste-to-high-value co-product value chain, or sell projects
on a design, build, operate and maintain basis.


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.


For more information, please visit www.s4co2.com.

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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