Agrisoma Receives $490,000 for Bio Fuel Development

Agrisoma
Receives Funding
from
Saskatchewan
Agriculture
Development
Fund
$490,000 to support further enhancement of Carinata for biofuel
Saskatoon, SK January 12, 2012 – Agrisoma Biosciences Inc. has been granted $490,000 from the
Saskatchewan Agriculture Development Fund (ADF) to support the continued enhancement of
Carinata energy feedstock for biofuel production. This funding is recognition of both the leading‐
edge research and innovation being conducted by Agrisoma, as well as the opportunity Carinata
offers growers in Southern Saskatchewan as a new crop option.
“With the first commercial quantities of Carinata seed set to go in the ground this year,
Agrisoma is at a key point its quest to deliver a scaleable, economically viable source of biofuel,”
said Steven Fabijanski, President and CEO of Agrisoma. “The ADF support will help to accelerate
our development of Carinata varieties with oil composition and oil chemistry optimized for
biofuel production.”
Specifically, Agrisoma will use the ADF grant to support the application of the company’s
proprietary Engineered Trait Loci (ETL) technology to Carinata. Using ETL technology, Agrisoma
intends to stack multiple new traits into conventional Carinata. These traits are designed to:
further enhance the Carinata oil profile for biofuel; increase the oil content within each Carinata
seed; heighten overall plant yield; and, improve the plant’s ability to thrive in semi‐arid areas
with reduced inputs.
The grant to Agrisoma was announced as part of a record $8.3 million in crop‐related research
the ADF is granting to a range of agricultural organizations and projects. ADF provides funding to
help institutions, companies and industry organizations conduct research, development and
value‐added activities that will benefit Saskatchewan growers and ranchers.

January 22nd, 2012
Categories: Uncategorized . Author: caliche . Comments: 2 Comments

Agrisoma (Calyx) to test Bio Fuel in Jets

 

Jets test fuel from new oilseed

Carinata in mustard family Contracts designed to generate 5,000 to 10,000 acres this year

 

Jets are expected to make test flights this year using biofuel produced from Brassica carinata, a new oilseed in the mustard family grown in Western Canada last year.

The fuel will come from 50 acres of production last summer, but Agrisoma, the company advancing the crop and its industrial applications, plans to contract 5,000 to 10,000 acres this year.

Patrick Crampton, vice-president of business and product development for Agrisoma, told Saskatchewan mustard growers at Crop Production Week that processors tested seed from 2011.

The yellow coated, low fibre seed, also known as Ethiopian mustard, performed well at crushing plants. The oil was sent to interested aviation fuel makers.

“We are basically working with two of the major producers out there,” Crampton said.

“One is Honeywell-UOP, which has the current registered technology.… They just finished production last week and we are going to have somewhere in the neighbourhood of 800 to 1,000 litres of jet fuel produced.”

He expects test flights by military and commercial jets will be announced later this year.

“It is a key part of the development of a new market, where it is not just a new crop. It is an entirely new value chain.”

The oil is processed in a different way than for biodiesel and must produce jet fuel that is indistinguishable from the petroleum-based product to meet airline specifications.

The aviation industry is pursuing plant-based feedstocks for renewable fuels with a smaller carbon footprint. Biofuel made from jatropha, camelina and animal fat are already undergoing flight tests.

Carinata’s oil is high in erucic acid ideal for industrial applications such as jet fuel.

The crop, which is native to Ethiopia, is suited to the hotter, drier areas of the Prairies and has been in Agriculture Canada research and breeding programs for more than a decade.

Carinata maturity was three weeks later than a mid-season Argentine canola when scientists first started working with it, but they were able to reduce it to only five to seven days later.

Agrisoma, which has been co-operating with Agriculture Canada, the Plant Biotechnology Institute and the Mustard 21 project, will use its gene altering technology to enhance the oil profile and yield.

“The vision is to put the biotechnology in longer term, but we are focused on launching the conventional crop right now,” Crampton said.

“Even though it is an industrial crop, we know we need to pursue full food and safety registration for the GM product. We are committed to not jeopardizing other markets. The emerging low level presence legislation that is being developed worldwide is a key factor to that launch.”

Agrisoma will have contracts in a few weeks that are designed to attract 5,000 to 10,000 acres of production by 30 to 50 farmers.

It is working with Paterson Grain on the identity preserved closed loop contracts.

The payment will be $12.50 per bushel on farm plus an incentive of $40 per acre.

Last year it was grown in three Saskatchewan locations: Kincaid, Frontier and Scott.

“The small plot yield data shows the elite line we are bringing out is 15 to 20 percent higher yield than the oriental mustard checks,” Crampton said.

The crop’s commercial success will be enhanced if there is a market for the meal left over after crushing.

Traditional mustard types produce meal that has quality protein but suffers from high glucosinolate levels that hurt its use in livestock feed rations.

“Carinata is not truly a condiment type, spicy mustard. It is kind of midrange,” Crampton said.

“It is similar to what rapeseed originally was, which had 10 percent inclusion rates for a number of livestock species, so there is a fair bit of excitement for this meal.”

January 22nd, 2012
Categories: Uncategorized . Author: caliche . Comments: No Comments

Gillian Kearvell, Newstrike Capital Technical Session Abstracts: thursday, January 26

Gillian will be leading a technical session on the AP deposit..

technical session abstracts: thursday, January 26

8:50 – 9:10 ana paula gold-Silver project, Mexico 

  Gillian Kearvell, VP Exploration, Newstrike Capital Inc. 

Newstrike Capital Inc. (NES-TSXV) is a gold and silver exploration company 
operating within established and historic mining districts in Mexico 
including the Guerrero Gold Belt (GGB), located in Guerrero State and 
the Taviche Mining District of Oaxaca State. Current exploration efforts are 
focused on their GGB projects where they control over 88,000 hectares of 
mineral claims in three contiguous projects: Aurea Sur, Aurea Norte and 
Ana Paula Projects. The Aurea Norte and Aurea Sur projects are at the early 
stages of exploration, while Ana Paula is an advanced stage gold exploration 
project that is host to a new high grade gold discovery that is the subject of 
this presentation. 

The Guerrero Gold Belt is a newly established, producing gold mining 
district underlain by a gold-bearing iron skarn system with intrusion hosted 
disseminated and stockwork mineralization that is currently host to an 
inventory of over 15 million ounces (Moz) of gold and 105 Moz of silver in 
all categories. This inventory continues to grow as exploration is advanced 
by companies such as Goldcorp (Los Filos Project, +11Moz Au), Torex Gold 
(Morelos Project, +5.0Moz), Cayden Resources (Morelos Sur Project, early 
stage exploration) and Newstrike Capital. On January 19th, 2011 Newstrike 
announced the discovery of a new high grade Breccia Zone at their Ana Paula 
project with an intercept of 3.0 g/t gold over a 214 metre downhole length. 
Subsequent drilling has since outlined a significant new high grade gold 
discovery with a best down hole intersect of 239.95 metres of 7.51 g/t Au, 
including 57.64 metres of 18.61. 

The exploration target at Ana Paula includes a one by two kilometre surface 
gold anomaly that is underlain by coincident geophysical anomalies. 
Goldcorp had previously drill tested this target in 2005, intersecting a 
series of mineralized dike and sill intrusions that demonstrated potential 
for a low grade large volume deposit, as well as a lower volume of high- 
grade replacement mineralization in irregular sulphide lenses at contacts 
with altered sedimentary rocks and hornfels. Newstrike Capital acquired 
the Ana Paula project from Goldcorp in June 2010, and began drilling in 
Mid-October that same year, with more than 30,000 metres completed to 
date. Drill results have confirmed the potential for near surface low grade 
bulk tonnage intrusion hosted mineralization underlying the project area. 
In addition, the discovery of the high grade Breccia Zone at Ana Paula has 
demonstrated the upside potential for new discovery as exploration of the 
one by two kilometre target area progresses. The company is advancing the 
Ana Paula project to a preliminary resource estimate concurrently with new 
exploration drilling. 

January 19th, 2012
Categories: Uncategorized . Author: caliche . Comments: No Comments

A COMPANY INSIGHT: AGRISOMA BIOSCIENCES Inc.: Designing biofuel crops

 A COMPANY INSIGHT: AGRISOMA BIOSCIENCES Inc.: Designing biofuel crops


First published in Cleantech magazine, May 2008. Copyright Cleantech Investor 2008

BY ROSS MCDONALD, AN ADVISOR AT STIRLING MERCANTILE CORPORATION – AN INDEPENDENT, MID-MARKET CORPORATE FINANCE BOUTIQUE BASED IN VANCOUVER, CANADA. WWW.STIRLINGMERCANTILE.COM A COMPANY INSIGHT: AGRISOMA BIOSCIENCES INC.

Agrisoma Biosciences Inc. is a small company with a big idea – designing new strains of crop varieties that are optimal for the production of biofuels. In practical terms, the technology aims to make biodiesel competitive with conventional diesel at the retail pump, even ignoring tax incentives. It does this through significantly increasing the oil output per crop acre, thereby materially lowering feedstock costs which represent over 80% of the total costs of refining biodiesel. Agrisoma offers one potential resolution to the food-vs-fuel debate, as its industrial feedstocks are fully compatible with conventional crop rotation strategies.
Through innovative, patented technology Agrisoma has succeeded in re-programming high performance oilseed crops to achieve increased yields of chemically superior oils that provide excellent feedstock for biodiesel production. Further, its patented ‘Engineered Trait Loci’ (ETL) technology reduces the time that it takes for the genetic enhancement of crops from over five years to just one year.

Based in Vancouver, Canada, Agrisoma is a privately owned, venture capital backed, biotechnology company. Since its founding in 2001, the experienced agricultural biotechnology team at Agrisoma has used its patented ETL technology to create and test improved varieties of canola (a North American trademark for edible oil rapeseed, as produced in Europe) and soybean oilseeds. Canola and soy are two of the major feedstocks for North American biodiesel refiners. Investors include BDC Capital, JOV Investment Management and Chromos Molecular Systems Inc.

The oil from ‘biofuel crops’ is chemically superior, for biodiesel production, compared to oil from conventional food crops. “The perfect feedstock for biodiesel is one composed of 100% monounsaturated fatty acids,” notes U.S. National Renewable Energy Laboratory reports. Agrisoma oilseeds contain over 80% monounsaturates with long chain monounsaturated fatty acids representing 50% of Agrisoma oil, making it a highly optimised fuel feedstock compared to the food oils that have been used in the past. The increase of monounsaturates and reduction of polyunsaturates creates oil with greater oxidative stability that will not clog filters and will have good cold weather performance, even at high blends.

“The renewable fuels began by using commodity food crops as a source of feedstocks. Food-grade corn, canola and soy are being used as feedstock for biofuel manufacture, which adds to the cost of biofuel and links food and nutrition to fuel. As the industry grows, dedicated biofuel crops will enable the energy industry to create its own value chain, independent of the food crop chain,” explains Steven Fabijanski, President and CEO of Agrisoma.

Of the various GM biofuel solutions under research, Agrisoma’s offers two primary benefits – time to market, plus applicability to all plant systems. ETL introduces multiple genes in one step, rather than through sequential transformations, thereby substantially shortening the modification process. That the ETL technology can be applied to any plant system opens up other, high-value markets such as aviation, military and marine.

Agrisoma has strong IP assets. Its worldwide dominant patent portfolio protects its technology and technology applications in all plant species. Many current methods of gene transfer and delivery in crops are based on patents controlled by multinational organisations. However, Agrisoma has ‘freedom to operate’, stating that its technology can be successfully employed to avoid all major patents owned by plant transformation intellectual property roadblocks.

The company begins field trials for its new crop varieties in 2008 with the intention that seeds will be available to farmers in 2010. Expansion capital is being raised in 2008 and 2009 to complete field trials and launch commercial products.

Agrisoma advocates a need to ‘break the cord’ between food crops and biofuel production. Food crops should produce oil that promotes healthy eating, whereas biofuel crops should produce oils that power internal combustion engines. The optimal chemical attributes of food oils and fuel oils are markedly different, but both consumer needs can be satisfied through the design of multiple crop varieties.

The notion of genetic modification concerns some consumers and politicians. According to the industry body ISAAA (International Service for the Acquisition of Agri-biotech Applications), GM crops have gained worldwide acceptance, with over 114 million hectares (282 million acres) under production in 2007 by more than 12 million growers.  Market research provider Cropnosis calculates that 2005 annual sales of GM crops exceeded $5 billion. In North America, popular crop varieties such as corn, soybean and canola are predominantly grown from genetically modified seeds. Even in Europe, where farming is highly political and the Common Agricultural Policy represents approximately 40% of EU spending, the law allows the import of GM-origin oil provided that it is intended for industrial use.

Will designed biofuel crops produce enough oil to completely replace petroleum diesel fuel? Never. But allocating an acceptable portion of crop acreage for biofuel purposes seems reasonable: and using biofuel crops, rather than food crops, to produce biodiesel seems smart. Together these measures could produce enough biodiesel to represent a meaningful alternative fuel source. Agrisoma aims to be the enabling technology to make this ambition a reality.

January 13th, 2012
Categories: Uncategorized . Author: caliche . Comments: 5 Comments

Calyx Bio-Venture 3,428,333-share private placement

Calyx Bio-Venture 3,428,333-share private placement
Ticker Symbol: C:CYX

Calyx Bio-Venture 3,428,333-share private placement

Calyx Bio-Venture Inc (C:CYX)
Shares Issued 14,826,401
Last Close 1/11/2012 $0.40
Thursday January 12 2012 – Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 18, 2011, and Jan. 4, 2012.

Shares:3,428,333

Price:15 cents

Placees:21

Pro groups:Stuart MacGregor one million; Michael Marosits 100,000; David Zadak 150,000; Tina Tessari 170,000; Alim Abdulla 30,000; Bryan Henry 100,000; Sharon Ahamed 50,000; Russel Millward 50,000

January 12th, 2012
Categories: Uncategorized . Author: caliche . Comments: No Comments

Calyx Bio Ventures CYX

We feel there is a great opportunity in a new stock is called Calyx Bio Venture, i wish i had more time to put together a better post regarding CYX but the price has begun to rise the last 2 sessions..
Richard Whittall is a director of CYX, also the CEO of NES so he comes by his reputation honestly!
CYX holds a 1/3 interest in Agrisoma which uses a patented technology to splice genes into carinata (mustard sees) to enhance the production of a bio fuel
one of the most important factors with agrisoma is scalability, i was talking with a friend in the aerospace industry and his main criticism of any bio fuel is scalability.. i think that is a non issue here..
also a big plus is carinata can be grown on non food land, it is much more tolerant of non ideal conditions and therefore does not take arable land from farmers..
take a look at the website
http://agrisoma.com/
 please take a look at CYX, the share structure is very tight, at about 15 million shares FD
we are holding large positions in both NES and CYX and looking for them both to outperform
as always please do your own Due Diligence and consult an investment professional and or tax specialist before any investment decision is made!
Happy New Year and warmest regards to all!
here is the latest nr from agrisoma

Agrisoma Revving Its Engines as 

 First Carinata Crush Completed  

 

Saskatoon, SK November 16, 2011 – Agrisoma Biosciences Inc. is one step closer to

realizing its vision of delivering a sustainable and scalable energy feedstock source for

biojet and biodiesel fuel with the harvest of the 2011 Carinata crop. The first crush of

Carinata seed is already complete, with the resultant oil shipped to Honeywell UOP for

processing into biojet fuel.

“This is a thrilling time for Agrisoma as it marks the first pilot-scale production of biofuel

from Carinata,” explains Patrick Crampton, Vice President Business and Product

Development for Agrisoma. “Despite a challenging season, our production sites

performed well, yielding more than enough for full-scale testing of Carinata biojet fuel.

Our certified seed production plans for 2012 commercialization are also on track.”

Growers who seeded Carinata this spring are impressed with the results. Erroll

Simington of Kincaid, Saskatchewan says that his Carinata yielded 10 bu/acre more

than his brown mustard grown in the next field. “The Carinata proved a strong performer,

despite some challenging weather conditions. It yielded better than some mustard crops

that I’ve grown here for many years.”

Carinata delivers returns at both ends of the value chain. For growers, it is a vigorous,

competitive crop uniquely suited to semi-arid production areas. For biofuel

manufacturers, Carinata provides a sustainable source of high quality oil that enables

additional efficiencies from biofuel manufacturing processes.

Growers interested in learning more about Carinata should contact info@agrisoma.com.

###

January 12th, 2012
Categories: Uncategorized . Author: caliche . Comments: No Comments

Best Wishes and a Prosperous New Year!

HAPPY NEW YEAR!

We at calichebahada.com would like to wish everyone a healthy, happy and very prosperous new year!

The year past was, to say the least, interesting. The volatility was tumultuous and at times gut wrenching, especially in the junior market. We expect the coming year to be just as exciting, with the headlines always looking for bad news, either in Europe or the upcoming American elections, looming action in the middle east.

We expect commodity prices to regain the upward momentum and make new highs. Gold and silver will continue the bull market, since nothing in the world has really changed and Europe will inevitably print, after all the political BS has run its course.

We, despite the volatility, have booked out best year yet in 2011. We have abandoned the diversify approach to reducing risk since in a market downturn even giants can be crushed, you know the names GM etc..

We have found that sticking with companies and management we know well and overweighting in situations as they develop, reducing risk has been the best way to survive the crazy markets. Jesse Livermore said it best, “be right, sit tight.” The daily noise is suddenly removed. If one of our stocks is down we endeavor to add to our position since we know fundamentally nothing is wrong with the company. We do not advocate this approach to anyone since we are extremely risk tolerant and can if the need arises be nimble and re evaluate situations on a minute by minute basis.

2011 was a great year for me personally and as a trader. I was married this year and, was fortunately able to retire from my day job and concentrate on the markets, a dream of mine since highschool. I feel I have matured and hit my stride finally learning the important lesson of selling losers and overweighting winners. It sounds easy but it is really one of the hardest things to do, accepting a loss. I endeavor to also have cash available to take advantage of weakness in the market, haven’t mastered that one just yet! LOL

Our top pick last year was Newstrike Capital, it is also our top pick this year! We don’t have a weekly pick or a top 10 monthly, we look very hard at companies we invest in and not many make the cut. We firmly believe that quality trumps quantity. The richest guys I know have only made a few big bets and rode them to the top!

We are grateful to Richard Whittall and the management at NES, they truly are some of the best and brightest we have come across in our 25 years investing. There is no one better to explore the GGB than the team at Newstrike.

We have just finished the first chapter in the Newstrike story. The initial high grade discovery has really set this stock apart from any other I see working a property now. The second (really third if you count the low grade Goldcorp found) discovery 1 km to the southwest has really blown the doors off of even our expectations and has been given zero value in the market. I think Gillian and Craig are on to something down there that is just as exciting as the breccia.

We have taken advantage of the year end selling to bulk up our NES positions and hold it in all of our accounts. The upcoming 43 101 will really light a fire under the share price as it will spell out the significance of what we have found to the un initiated. There are many back of the napkin calculations being done by those that know what we have and believe me they are simply amazing. After only one year of drilling the NES team has discovered another 2 major deposits in the GGB!!

Please take a look at Newstrike Capital, it will most certainly be one of the winners in 2012! We are overweight and expect it to outperform the market by a massive amount.

Our top 5 holdings

Newsrtike Capital NES
Teuton Resources TUO
Atacama Minerals AAM
Calyx Bio-Venture CYX
NGEX Resources NGQ

Please accept my heartfelt best wishes for the upcoming year, and as always happy investing!

 

 

Please do not accept anything seen here as investment advice.  Please seek the council of an investment professional and tax advisor before making any investment decision.  Calichebahada.com is for informational purposes only and will not be held responsible for any losses incurred in these or any stocks mentioned 

 

January 1st, 2012
Categories: Uncategorized . Author: caliche . Comments: 1 Comment

Merry Christmas to All!

December 23rd, 2011
Categories: Uncategorized . Author: caliche . Comments: 3 Comments

Atacama Minerals completes $60-million financing

Atacama Minerals completes $60-million financing

2011-12-20 10:41 ET – News Release

Mr. Richard Clark reports

ATACAMA MINERALS CORP. ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED $60 MILLION BOUGHT DEAL PRIVATE PLACEMENT

Atacama Minerals Corp. has closed its previously arranged financing by way of a private placement of 50 million subscription receipts at a price of $1.20 per subscription receipt for total gross proceeds of $60-million. The subscription receipts were sold by a syndicate of underwriters led by Cormark Securities Inc. and including BMO Capital Markets, GMP Securities L.P., and Scotia Capital Inc.

Each subscription receipt automatically converts to one common share of the company without payment of additional consideration upon satisfaction of certain escrow release conditions, including the completion of the acquisition of Sirocco Gold Inc. Completion of the acquisition is subject to approval of the disinterested shareholders of the company, which will be sought at a shareholders meeting to be held on Jan. 19, 2012.

The gross proceeds of the offering will be held in escrow pending satisfaction of the escrow release conditions. In the event that the escrow release conditions are not completed on or prior to Feb. 20, 2012, the finances from the offering, together with the accrued interest thereon, will be reimbursed to the holders of the subscription receipts and the subscription receipts will be cancelled.

The company intends to use the net proceeds of the offering for the acquisition and advancement of mineral opportunities in South America and West Africa and general corporate purposes.

In connection with the offering and upon satisfaction of the escrow release conditions, the underwriters will receive a cash commission equal to 6 per cent of the gross proceeds of the offering, together with their pro rata accrued interest thereon.

All securities issued pursuant to the offering will be subject to a four-month hold period that expires on April 21, 2012.

December 21st, 2011
Categories: Uncategorized . Author: caliche . Comments: 3 Comments

THERE IS NO QUESTION NES IS THE NEXT VEN

From: james flannigan on SI

12/20/2011 1:52:02 PM

 

THERE IS NO QUESTION NES IS THE NEXT VEN

 

With all the years drilling data coming to close out the 2011 year its very clear that NES has now reached the ranks of a world class discovery.The latest 1 km stepout hole now suggests that the expected 5 million ounce discovery at Ana Paula updated to 43-101 in Q1 20012 is pointing to a double of the foot print at the discovery and is on track to suggest at least a 10 million once resource.Finding a million ounces of gold is like finding a needle in a haystack..Only 1 in 2000 JR companies ever find a million ounce deposit. Far more rare is a 3 million ounce find.And a further far far more rare is a would class gold deposit over the 10 million ounce range.

 

In the case of NES its truly in a world of its own that being a rare discovery that happens less that 5 times on average in a decade.Yet even with those great odds a educated investor can spot a world class discovery on only a few holes.Number like NES is posting is no fluke or one hit wonder.Rather its a guide to tell investors early that a rare situation is unfolding.Investors who see the future before the rest of the market profit when the unknown becomes known.Nes is offering investors a chance to make VEN and ARU like returns in a very choppy market.With tax loss selling over in the next few days investors who looked at NES to buy but did’nt are now getting the chance to make outstanding returns in 2012 even in tough market conditions.

 

I have seen world class deposits many times before the rest of the market Arequipia was my first lesson in buying early in 1996.They were posting drill results only half the grades and widths as NES.I bought the stock for $2 in $300 gold.After only a dozen holes with no resource calculation Barrick offered $29 per share.The offer was rejected and Barrick came back at $32 and it was a done deal for $1.1 billion in $300 gold.

 

I will bet that NES is going to get a bid before we do a 5 million ounce 43-101. There can be little doubt about it the majors need this deposit and are not going to wait until we get to 10 million ounces.

I rate NES a SCREAMING BUY.

 

James

December 20th, 2011
Categories: Uncategorized . Author: caliche . Comments: 2 Comments

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