/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
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TSXV: CST
QUEBEC CITY, June 22, 2018 /CNW Telbec/ - CO2
Solutions Inc. ("CO2 Solutions" or
the "Corporation") (TSXV: CST) today announced that it has
issued 200,000 common share purchase warrants of the
Corporation (the "June 2018
Warrants") to Cleveland,
Ohio-based Cleveland Gas Systems, LLC, dba GasTran Systems
("GasTran").
The June 2018 Warrants were issued
pursuant to the terms of the exclusive collaboration agreement with
GasTran (the "Agreement"), the terms of which are described in
the news release issued by the Corporation and GasTran on
June 22, 2015.
Each June 2018 Warrant entitles
its holder to acquire one common share of the Corporation at a
price of $0.20 per share until
June 22, 2021 or until the Agreement
is terminated in certain circumstances and is subject to a 4-month
statutory hold period until October 23, 2018.
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, Utilization and Sequestration (CCUS), 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.
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.