QUEBEC CITY, June 8, 2017 /CNW Telbec/ - CO2 Solutions Inc. (TSXV: CST) (the "Corporation"), leader in the field of enzyme-enabled carbon capture technology, today announced that Mr. Evan Price, President & Chief Executive Officer of the Corporation will be presenting at the Clean Innovation Investor Forum & Carbon XPRIZE Summit to be held in New York City on June 12-13, 2017, presented by NRG COSIA Carbon XPRIZE, the Canadian Consulate in NYC, The [email protected], Urban Future Lab, and MaRS, Greentown Labs. The summit is being held at NeueHouse, 110 E. 25th Street, NYC.
This year's summit takes a focused and intensive look at how to drive capital into the CCU space, and will host a significant number of investors and potential strategic partners to the event to interact with the presenting teams, hear fundraising pitches, and provide feedback. This two-day event is mandatory for Carbon XPRIZE teams and is by invitation only. The event will provide an exclusive experience with valuable access to the high-level investors and potential strategic partners that the presenting corporations intend to engage with.
CO2 Solutions was selected by XPRIZE due to the very significant contribution the Corporation potentially can make towards helping industry meet increasingly stringent and costly carbon emission targets, while remaining competitive due to the low-cost nature of its proprietary technology.
"XPRIZE is more than just a contest, selecting the most innovative solutions to solve the world's biggest challenges, such as global warming," stated Evan Price, President and Chief Executive Officer of CO2 Solutions. "Events such as this create a very valuable platform for companies such as ours to engage with key potential stakeholders, both from a capital markets and a strategic partner point of view. Both the need for and the huge commercial potential for CO2 reuse opportunities, are increasingly being recognized. The $15 million investment by the Quebec government in the Valorisation Carbone Québec project, led by us, to accelerate the demonstration and commercialization of full carbon cycle solutions, is one good example of how the sector is gaining traction. Our selection to participate in XPRIZE is another, and we are looking forward to this opportunity to present the Corporation and its enzyme-enabled carbon capture technology directly to a select audience of financial and corporate decision makers.'
Mr. Price's presentation will take place June 12, 2017.
In addition, Mr. Price will also be available for one on one meetings.
For more information on the event: http://bit.ly/2qzEeo4.
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. Factors that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, general business and economic uncertainties, third party events and adverse market conditions as well as those risks set out in the Corporation's public documents filed on SEDAR. Readers are cautioned not to place undue reliance on such forward-looking statements. 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; NATIONAL Equicom, Marc Lakmaaker, 416-848-1397, [email protected]