ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

SFC Blueocean Nutrasciences, Inc.

0.00
0.00 (0.00%)
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 Non-Brokered Private Placement

04/07/2013 9:30pm

Marketwired Canada


Solutions4CO2 Inc. (TSX VENTURE:SFC) ("S4CO2" or the "Company") is pleased to
announced today that it intends to proceed with a non-brokered private placement
offering of up to 833,334 units ("Units") at a subscription price of C$0.15 per
Unit for gross proceeds of up to C$125,000 (the "Private Placement"). Each Unit
will consist of one common share ("Common Share") and one-half of one common
share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will
entitle the holder to purchase one Common Share at a price of C$0.20, for a
period of 36 months from the date of closing. The securities to be issued will
be subject to a statutory four month-plus-one-day hold period from the date of
closing. 


The Private Placement will be conducted in reliance upon certain prospectus and
registration exemptions. The net proceeds from the Private Placement will be
used to enhance the Company's cash on hand and strengthen its working capital
position. S4CO2 currently has 40,128,011 Common Shares outstanding.


The Private Placement is subject to all applicable regulatory approvals,
including the acceptance of the TSX Venture Exchange.


Douglas Kemp-Welch, CEO of S4CO2 commented: 

"With the recent announcement of our joint venture to process North Atlantic
shrimp waste into Omega 3 enriched oils, it is prudent for the Company to
strengthen its working capital position as this project and others in our
pipeline advance."


About Solutions4CO2 Inc:

Solutions4CO2 is a Canadian company that develops innovative waste-gas, water,
biomass to high-value nutra 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 Omega 3
enriched oil co-products for sale into the global nutraceutical market. The BEP
utilizes supercritical CO2 fluid extraction to extract high-value co-products
from shrimp by-products. Solution4CO2's business model allows the Company to
licence or participate in joint-venture projects with partners across the
waste-to-high-value co-product value chain.


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

1 Year Blueocean Nutrasciences, Inc. Chart

1 Year Blueocean Nutrasciences, Inc. Chart

1 Month Blueocean Nutrasciences, Inc. Chart

1 Month Blueocean Nutrasciences, Inc. Chart

Your Recent History

Delayed Upgrade Clock