CO2 Solutions Announces Carbon Capture Pilot with Husky Energy

 TSX-V: CST  QUEBEC CITY, April 15, 2014 /CNW/ - CO(2) Solutions Inc. (TSX-V:CST), an  innovator in the field of enzyme-enabled carbon capture technology, today  announced that it has entered into a Collaboration Agreement (the "Agreement")  with Husky Energy.  Under the terms of the Agreement, CO(2) Solutions will install and operate a  pilot unit capturing approximately 15 tonnes of CO(2) per day at Husky's Pikes  Peak South, Saskatchewan heavy oil site on a once-through steam generator.  Operation of the pilot unit is expected to commence in early 2015 with  completion of testing expected in the third quarter of 2015.  Subject to a  positive review by Husky of the results of the pilot test, the Agreement  provides for Husky to consider the use of CO(2) Solutions' technology for  commercial carbon capture projects.  The project will be funded in part by the Government of Canada's ecoENERGY  Innovation Initiative (ecoEII) program, as previously announced on January 24,  2013.  "The pilot demonstration of our technology is a significant milestone towards  the commercial deployment of our technology for CO(2) capture and beneficial  utilization applications such as enhanced oil recovery," said Evan Price,  President and CEO of CO(2) Solutions. "Husky is a recognized leader in the  energy industry and will provide valuable expertise to this project."  "Through the ecoENERGY Innovation Initiative, our Government is investing in  projects that drive energy innovation, create jobs and generate new economic  opportunities that protect the environment," said the Honourable Greg  Rickford, Minister of Natural Resources and Minister for the Federal Economic  Development for Northern Ontario. "Today's announcement demonstrates that  these investments are successfully bringing innovative clean technologies from  concept to reality."  The pilot test is expected to confirm the positive techno-economics of CO(2)  Solutions' carbon capture process and will provide an operational basis to  compare the process against other new and conventional technologies in terms  of performance and cost.  A successful project will pave the way for the CO(2  )Solutions technology to be applied broadly for cost-effective carbon  emissions mitigation in heavy oil and oil sands operations in Western Canada  and other industrial applications.  About CO(2) Solutions Inc.  CO(2) 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.  CO(2 )Solutions' technology lowers  the cost barrier to Carbon Capture, Sequestration and Utilization (CCSU),  positioning it as a viable CO(2) mitigation tool, as well as enabling industry  to derive profitable new products from these emissions.  CO(2) 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  CO(2) Solutions Forward-looking Statements Certain statements in this news release may be forward-looking. These  statements relate to future events or CO(2) 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. CO(2) 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.  Investor Relations and Media Contact:  CO2 Solutions: Thom Skinner 418-842-3456, ext. 223  or  TMX Equicom Fil Marinkovic 416-815-0700, ext. 289  TMX Equicom Adam Peeler 416-815-0700, ext. 225  To view this news release in HTML formatting, please use the following URL:  CO: CO2 Solutions Inc. ST: Quebec NI: ENV ORDER