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 monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

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. Provides a Corporate Update, Announces a Product Development Agreement and Issuance of Shares to a Service...

14/02/2013 4:49pm

Marketwired Canada


Solutions4CO2 Inc. ("S4CO2" or the "Company") (TSX VENTURE:SFC) is pleased to
provide an update on the progress of its initiatives.


The Company continues to focus on the development of solutions for the
production of high value co-products from waste gas, water and biomass in the
ethanol, municipal and agricultural markets with its Integrated Biogas
Refinery(TM) ("IBR") platform. In addition, S4CO2 has been developing its
Bio-Extraction Process(TM) ("BEP") for the extraction of high value co-products
from biomass, utilizing commercially available Supercritical Fluid Extraction
("SFE") technology.


Integrated Biogas Refinery(TM) and Project Development Agreement

S4CO2 will be presenting the IBR platform, which is nearing completion in New
Brunswick, Canada, at the upcoming Anaerobic Digestion and Biogas Conference
scheduled for May 12-15, 2013 in San Francisco. S4CO2's IBR platform integrates
an anaerobic digester with its proprietary Biogas Purification and Infusion
System(TM), microalgae cultivation system and a harvesting, dewatering and oil
extraction system to produce specialty algae oils targeted at the nutraceutical
and pharmaceutical markets.


The Company has entered into a project development agreement ("PDA") with
Complete Senergy Systems ("CSS") and College Communitaire de Nouveau Brunswick
("CCNB"). CSS is an engineering company, with expertise in Anaerobic Digesters
("AD") in Atlantic Canada, that designs, fabricates and assembles commercial
systems. CCNB is an academic institution that operates the Biotechnology
Scale-up Center, which provides technology validation and development services.
Pursuant to the PDA, the parties will jointly design, fabricate and integrate a
commercial scale IBR with a conventional plug and flow AD on a dairy farm in
Grand Falls, New Brunswick. 


Further, CSS has agreed to receive common shares of S4CO2 ("Shares") in respect
of leased premises expenses totalling up to $100,000. During the period from
January to April, 2013, S4CO2 will make monthly application to the TSXV for the
issuance of the Shares, which will be issued at a minimum of $0.15 per share.
The TSXV has approved for issuance, 166,667 Shares at a deemed price of $0.15
per share, representing the January 2013, $25,000 payment to CSS. The Shares
issued are not subject to any hold period.


Bio-Extraction Process(TM)

The Company is also nearing completion of the Supercritical Fluid Extraction
("SFE") based platform to extract high value co-products from biomass. The
Company is currently testing BEP to extract nutraceutical co-products such as
Omega 3 fatty acids and Astaxanthine from the by-products of Northern cold water
shrimp processing. S4CO2 is targeting the completion of development by the
spring 2013 shrimp season off the coast of Newfoundland and Labrador.


Business Development

The Company's business model is to be a joint venture partner in waste-to
high-value co-product projects and also sell projects on a design, build and
operate basis. S4CO2 has been pursuing discussions with potential partners and
customers as the Company approaches the commercialization of its IBR and BEP
platforms.


About Solutions4CO2:

Solutions4CO2 Inc. 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) and
Bio-Extraction Process(TM). 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 FURTHER INFORMATION PLEASE CONTACT: 
Solutions4CO2
Douglas Kemp-Welch
CEO
416-803-9435


Solutions4CO2
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