TORONTO, ONTARIO--(Marketwired - July 30, 2013) - Solutions4CO₂ Inc. ("S4CO₂" or the "Company") (TSX VENTURE:SFC) is pleased to announced today that interest in its current non-brokered private placement (the "Private Placement") has improved and that it has sought approval from the TSX Venture Exchange ("TSXV") to increase the Private Placement to a maximum of 2,166,667 units ("Units") at a price of $0.15 per Unit, raising gross proceeds of up to C$325,000. With $571,500 already closed and together with these funds, the amount raised will approach the $1 million maximum private placement notice initially issued on March 18, 2013. 

Each Unit will consist of one common share and one-half of one common share purchase warrant with each whole warrant entitling the holder to purchase one common share at a price of C$0.20, for a period of 36 months from the date of closing. The securities to be issued will be subject to a statutory four month-plus-one-day hold period from the date of closing.

The Private Placement is being conducted in reliance upon certain prospectus and registration exemptions. The net proceeds from the Private Placement will be used to enhance the Company's cash on hand and strengthen its working capital position. S4CO₂ currently has 40,128,011 Common Shares outstanding.

The Private Placement is subject to all applicable regulatory approvals, including the acceptance of the TSXV.

Douglas Kemp-Welch, CEO of S4CO₂ commented:

"As our joint venture to process North Atlantic shrimp waste into Omega 3 enriched oils is now progressing, it remains prudent for the Company to strengthen its working capital position as this project and others in our pipeline such as our Omega 3 rich algae integrated bio-Refinery advances. Our first commercial run of Omega 3 oil extraction is now scheduled for mid-August 2013."

About Solutions4CO₂Inc.:

Solutions4CO₂ Inc. is a Canadian company that develops innovative waste-gas, water, biomass to high-value nutra co-product solutions using proprietary and licensed technologies under the trademarks Integrated Biogas Refinery™ ("IBR") and Bio-Extraction Process™ ("BEP"). The IBR integrates best in class technologies to convert various organic waste streams into high-value Omega 3 enriched oil co-products for sale into the global nutraceutical market. The BEP utilizes supercritical CO₂ fluid extraction to extract high-value co-products from shrimp by-products. Solution4CO2's business model allows the Company to licence or participate in joint-venture projects with partners across the waste-to-high-value co-product value chain.

Forward-looking Statements

This news release may contain forward-looking statements that are based on Solutions4CO₂ Inc's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by 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.