TORONTO, ONTARIO — (Marketwire) — 03/30/12 — Solutions4CO2 Inc. (the “Corporation”) (TSX VENTURE: SFC) announces that the TSX Venture Exchange issued a final bulletin (the “Bulletin”) today announcing that the “when issued” trading period of the Corporation–s common shares (the “Common Shares”) has ended and that the Common Shares would begin trading on a “regular” basis effective April 2, 2012. This Bulletin was released following the payment of a dividend in kind of the Corporation–s Common Shares by Carrus Capital Corporation (“Carrus”). See Carrus– news release dated March 16, 2012 for information regarding this dividend.
Upon the issuance of the Bulletin, an aggregate of 11,609,775 special warrants (the “Special Warrants”) automatically exercised, for no additional consideration, into 11,609,775 Common Shares of the Corporation. Also upon issuance of the Bulletin, 2,000,000 warrants (the “Bonus Warrants”), which were issued to Carrus pursuant to a definitive agreement, were also automatically exercised, for no additional consideration, into 2,000,000 Common Shares of the Corporation.
The Corporation has an aggregate of 34,792,677 Common Shares issued and outstanding following the automatic exercise of the Special Warrants and the Bonus Warrants.
The Corporation also announces, as contemplated in its prospectus dated March 8, 2012 (the “Prospectus”), that Mr. John Archibald has resigned as a director of the Corporation and has joined the Corporation–s advisory board effective March 26, 2012. Mr. Archibald has changed roles to provide additional time for him focus on other business ventures. The Corporation has undertaken a search for a replacement director.
About the Corporation:
The Corporation is an early stage company that intends to design, build, operate and maintain waste gas/water systems for the waste gas/water to co-products market. The Corporation–s system utilizes patented technology under exclusive license and supply agreements to efficiently capture and separate the primary greenhouse gases, such as carbon dioxide, nitrogen dioxide and sulphur dioxide, from post combustion, fermentation or biogas processes. The system utilizes these gases in the production of high-value co-products.
For more information, please visit , or view the Prospectus on SEDAR at .
Contacts:
Solutions4CO2 Inc.
Douglas Kemp-Welch
CEO
416-803-9435
GreenEdge Capital Solutions
Susan McLean
416-995-9283