QUEBEC CITY, Nov. 23, 2016 /CNW/ - CO2 Solutions Inc. today announced that its 2016 Annual and Special Meeting (AGM) will be held on Wednesday, November 30, 2016 at 2:30 pm EST, at the Pavillon La Laurentienne - Auditorium Jean-Paul Tardif – Room 1334, at Laval University in Québec City.
The record date for determining shareholders entitled to receive notice of and vote at the meeting was set at October 26, 2016. The Corporation's related meeting materials, including the management information circular, were mailed to shareholders of record and are currently available on www.sedar.com.
Shareholder Rights Plan
At the Meeting, the shareholders of the Corporation will also be asked to approve and reconfirm the Corporation's amended and restated shareholder rights plan (the "Shareholder Rights Plan"). The Shareholder Rights Plan was originally ratified by the shareholders of the Corporation at the annual and special meeting of shareholders held on November 24, 2010 and reconfirmed at the annual and special meeting of shareholders held on December 4, 2013. The original Shareholder Rights Plan was amended, among other things, to take into account amendments to the regime governing take-over bids recently adopted by the Canadian Securities Administrators pursuant to National Instrument 62-104 Take-Over Bids and Issuer Bids. A description of the amendments is included in the management information circular of the Corporation dated October 13, 2016 and the full text of the amended and restated Shareholder Rights Plan will be made available on SEDAR at www.sedar.com.
CO2 Solutions will also be broadcasting the AGM live via a public Webcast. To listen to the AGM, please visit http://bit.ly/2fOlYUm prior to the start of the event.
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 operation 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 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.
SOURCE CO2 Solutions Inc.
For further information: Investor Relations and Media Contact: CO2 Solutions: Thom Skinner, 418-842-3456, ext. 223, [email protected]; www.co2solutions.com