News

What's New!

CO₂ Solution Announces CDN$2 Million Equity Investment by Codexis and Collaboration in Carbon Capture

 

Joint Development Agreement to combine Codexis' industrially robust enzymes with CO₂ Solution's carbon capture technology

 

Québec City, Québec, December 15, 2009 – CO₂ Solution Inc. (“CO₂ Solution”, TSX-V: CST) is pleased to announce that it has concluded a Joint Development Agreement (JDA) with Codexis, Inc. (“Codexis”) to accelerate the development and deployment of its enzymatic carbon capture technology.  Codexis has also completed a CDN$2 million equity investment in CO₂ Solution and holds 16.59% of CO₂ Solution's issued and outstanding common shares immediately following the subscription of common shares by Codexis.

 

Under the collaboration, CO₂ Solution's proprietary enzymatic method for the efficient capture of carbon dioxide from coal-fired power plants and other large sources of emissions will be combined with Codexis' directed enzyme evolution technology. Coal-fired power plants are major emitters of carbon dioxide, a significant greenhouse gas (GHG) believed to contribute to global warming. CO₂ Solution's technology uses the natural enzyme carbonic anhydrase to enhance CO₂ absorption efficiency from power plant emissions, at lower cost than conventional technology. Codexis' technology will be used to improve this enzyme's ability to function in harsh industrial conditions. Carbonic anhydrase is found in humans and other mammals and is critical in the efficient management of CO₂ during respiration.

---

 

CO₂ Solution Announces Annual General Meeting

 

Quebec City, November 19, 2009 – CO₂ Solution Inc. (“CO₂ Solution” or the “Company”) is pleased to announce that its 2009 Annual General Meeting (AGM) will be held on Wednesday, November 25, 2009 at 7:00 pm EST, at the Pavillon La Laurentienne - Auditorium Jean-Paul Tardif - Room 1334, at Laval University in Québec City.

 

CO₂ Solution will also be broadcasting the AGM live via a public Webcast. To listen to the AGM, please visit “www.cnw.ca/en/webcast” prior to the start of the event.