Outstanding Shares: 79,687,836
QUEBEC CITY, Dec. 4, 2013 /CNW/ - CO2 Solutions Inc. (TSXV:CST) (the "Corporation"), an innovator in the field of enzyme-enabled carbon capture
technology, today announced that its shareholders have approved all
resolutions which were disclosed in the Corporation's Management
Information Circular dated October 22, 2013 and put forth for vote at
the Annual General and Special Meeting of Shareholders of the
Corporation held in Québec, QC on December 4, 2013.
Shareholders re-elected the following directors to the Corporation's
Board of Directors: Evan Price, Glenn R. Kelly, Robert Manherz,
Kimberly Okell, Martin P. Pelletier, and Jocelyn Proteau.
Shareholders voted to re-appoint PricewaterhouseCoopers
LLP/s.r.l./s.e.n.c.r.l., Chartered Professional Accountants, as
auditors of the Corporation for the fiscal year ending June 30, 2014.
In addition, Shareholders approved the proposed amendments to the
Corporation's by-laws regarding the Advance Notice provision and also
reconfirmed CO2 Solutions' Shareholder Rights Plan.
In addition, the Corporation today announced that it has granted, on
December 4, 2013, a total of 1,106,000 stock options to certain of its
directors and officers. Each stock option, governed by the stock option
plan of the Corporation, allows the holder thereof to acquire one
common share of the Corporation until December 4, 2018 for a price of $0.10 per share.
CO2 Solutions' AGM was broadcast live via a public Webcast. For those
interested in listening to a re-play of that webcast, please visit "http://www.newswire.ca/en/webcast/detail/1243937/1370463".
About CO2 Solutions Inc.
CO2 Solutions is an innovator in the field of enzyme-enabled carbon capture
and has been actively working to develop and commercialize the
technology for stationary sources of carbon pollution. CO2 Solutions' technology lowers the cost barrier to Carbon Capture,
Sequestration and Utilization (CCSU), positioning it as a viable CO2 mitigation tool, as well as enabling industry to derive profitable new
products from these emissions. CO2 Solutions has built an extensive patent portfolio covering the use of
carbonic anhydrase, or analogues thereof, for the efficient
post‐combustion capture of carbon dioxide with low-energy aqueous
solvents. Further information can be found at www.co2solutions.com.
CO2 Solutions Forward-looking Statements
Certain statements in this news release may be forward-looking. These
statements relate to future events or CO2 Solutions' future economic performance and reflect the current
assumptions and expectations of management. Certain unknown factors may
affect the events, economic performance and results of operations
described herein. CO2 Solutions undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required under applicable
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.
SOURCE: CO2 Solutions Inc.
For further information:
Investor Relations and Media Contact:
418-842-3456, ext. 223
416-815-0700, ext. 225