Calyx Investee Company Agrisoma Wins “Company of the Year” Award
June 18, 2014 (Source: Marketwired) — 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.
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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.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>