Outstanding Shares: 100,494,626
QUEBEC CITY, Quebec, April 20, 2015 /CNW/ - CO2 Solutions Inc. (TSX-V: CST), the leader in the field of enzyme-enabled carbon capture technology, today announced that in light of her new appointment as the President & CEO for Sustainable Technology Development Canada (STDC), Leah Lawrence has resigned as a member of the Board of Directors of CO2 Solutions. Her resignation was effective April 20, 2015. Ms. Lawrence had been a Director of CO2 Solutions since February 25, 2014 during which time she also served as a member of the Corporate Governance and Human Resources Committee.
"We would like to thank Leah for her contribution to the development of CO2 Solutions. We wish her success in her new role to support companies that develop and demonstrate advanced sustainable development technologies. While we are certainly sorry she can no longer serve on our Board, we are proud that Leah is taking on such an important responsibility in the clean tech sector", stated Glenn Kelly, Chairman of the Board of CO2 Solutions.
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 lowenergy 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 or TMX Equicom, Marc Lakmaaker, 416-815-0700, ext. 248, [email protected]