Calyx Investee Company Agrisoma Wins "Company of the Year" Award
June 18 2014 - 9:00AM
Marketwired
Calyx Investee Company Agrisoma Wins "Company of the Year" Award
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 18, 2014) -
Calyx Bio-Ventures Inc. (TSX-VENTURE:CYX) ("Calyx") announces that
its investee company Agrisoma Biosciences Inc. ("Agrisoma") has
been awarded the Gold Leaf Award as "Company of the Year", by
BIOTECanada for biotechnology excellence in Canada.
BIOTECanada is a national industry association reflecting the
diverse nature of Canada's health, industrial and agricultural
biotechnology sectors. In addition to providing significant health
benefits for Canadians, the biotechnology industry has quickly
become an essential part of the transformation of many traditional
cornerstones of the Canadian economy.
The Gold Leaf Awards are nominated and judged by biotechnology
industry leaders, and the awards honour companies that have made
significant contributions to the growth of Canada's biotech
sector.
"Agrisoma's innovation is a fantastic demonstration of how
biotechnology helps to provide the solutions needed to address the
pressing challenges facing our society and environment. The company
has offered an opportunity for farmers to produce a dedicated
energy crop using land considered marginal, without impacting food
production," commented Andrew Casey, President and CEO of
BIOTECanada. "The vision and dedication of Agrisoma offers
inspiration and promise for the economy and society more broadly.
Using the tools of biotechnology to rapidly enhance performance and
enhance sustainability only adds to the importance of agriculture
in meeting the social, environmental and economic challenges
associated with rapid global population growth."
Don Konantz, President and CEO of Calyx stated, "Agrisoma's next
generation agricultural products can provide a sustainable solution
for renewable energy. Carinata is the first non-food crop that
produces oil uniquely suited for "drop in" feedstock for biojet and
biodiesel fuel production and Carinata was used to fuel the world's
first 100% renewable biojet fuel flight here in Canada. This Gold
Leaf Award recognizes these accomplishments."
The Gold Leaf Award will be presented during a ceremony at the
BIO International Convention in San Diego, California at the Canada
Place Pavilion on Tuesday June 24 at 4pm.
About Calyx
Calyx Bio-Ventures Inc. (TSX-VENTURE:CYX) is an agricultural
technology company which is developing early stage agriculture
ventures. Calyx brings its depth of experience, capital and other
capacity, including its proprietary intellectual property, to
enhance plant yields. In addition to Calyx's shareholding in
Agrisoma Biosciences Inc., a company which is producing a non-food
energy feedstock crop for bioenergy, Calyx is pursuing
agri-pharmaceutical opportunities in the MMPR (Marihuana for
Medical Purposes Regulations) and the agri-tech space. The medical
marihuana industry is in its infancy and is an emerging
multibillion-dollar opportunity undergoing significant regulatory
and legal reform that offers strong growth opportunities to early
participants. For further information about Calyx, please visit
www.calyxbio.com.
Forward-Looking Statements: This document contains certain
forward-looking statements concerning Calyx, as well as other
expectations, plans, goals, objectives, information or statements
about future events, conditions, or performance that may constitute
"forward-looking statements" or "forward-looking information" under
applicable securities legislation. Such statements or information
involve substantial known and unknown risks and uncertainties,
certain of which are beyond Calyx's control.
Such forward-looking statements or information are based on
a number of assumptions, which may prove to be incorrect.
Although Calyx believes that the expectations reflected in
such forward-looking statements or information are reasonable,
undue reliance should not be placed on forward-looking statements
because Calyx can give no assurance that such expectations will
prove to be correct. Forward-looking statements or information are
based on current expectations, estimates and projections that
involve a number of risks and uncertainties which could cause
actual results to differ materially from those anticipated by Calyx
and described in the forward-looking statements or
information.
The forward-looking statements or information contained in
this news release are made as of the date hereof and Calyx
undertakes no obligation to update publicly or revise any
forward-looking statements or information, whether as a result of
new information, future events or otherwise unless so required by
applicable securities laws or the TSX Venture Exchange. The
forward-looking statements or information contained in this news
release are expressly qualified by this cautionary
statement.
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.
Calyx Bio-Ventures Inc.Don KonantzPresident &
CEO604-649-5961dkonantz@calyxbio.comwww.calyxbio.com
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