Calyx Increases Private Placement

Calyx Bio-Ventures Inc.’s (“Calyx” or the “Company”) (TSX VENTURE:CYX) non-brokered private placement announced on September 3, 2013 has been oversubscribed. The Company now proposes to raise up to $480,000 (the “Private Placement”). The Private Placement will consist of the sale of up to 3,200,000 units (a “Unit”) at a price of $0.15 per Unit.

Calyx Bio-Ventures Inc. (TSX VENTURE:CYX) is an agricultural technology company focused on renewable fuels including biojet and biodiesel. Agrisoma Biosciences Inc., a company in which Calyx is the largest shareholder, is producing a new proprietary non-food energy feedstock crop, Resonance® carinata, which yields oil that can be refined into fuels that work in existing engines as a 100 percent petroleum substitute.

Click here for the full press release.