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Solutions4CO2 announces joint venture with BARD Holding

April 2012
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On April 10, 2012, Solutions4CO2 Inc. ("S4CO2") (TSXV: SFC), announced a joint venture with BARD Holding, Inc. to co-develop waste gas/water to co-products facilities in Canada. The initial phase of the joint venture will establish a 50,000 sq. ft. research and development facility at the River Centre located in the Bluewater Energy Park in Sarnia, Ontario, Canada. The Bluewater Energy Park is owned and operated by TransAlta Corporation, Canada's largest power producer. S4CO2 and TransAlta also announced the completion of negotiations regarding the construction and lease of the facility.

Pursuant to the terms of the joint venture agreement and the lease of the facility, the parties intend to construct a waste gas/water to co-product facility on the Bluewater Energy Park site utilizing waste CO2 gas streams from local emitters to grow microalgae that will be further processed into high value co-products such as pharmaceuticals, nutraceuticals, biofuels, bioplastics, animal and aqua feeds.

S4CO2 has a patented system to capture Greenhouse Gases (GHGs) from waste gas streams. The company is focused on designing, building, operating and maintaining these waste gas/water to co-product systems in partnership with large emitters and co-product producers. BARD Holding is a U.S. based commercial-scale algae production company. TransAlta is a power generation and wholesale marketing company with a portfolio of assets in Canada, the United States and Australia.

David Pamenter of Gowlings advised S4CO2 on the negotiation of this joint venture.

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