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.

2 Comments

  1. Comment by butcher on January 22, 2012 7:49 am

    Wish them the very best. Quite ambicous to pay $12,50 per bushel on 5-10.000 acres.
    http://www.producer.com/2012/01/jets-test-fuel-from-new-oilseed%E2%80%A9/

  2. Comment by ole_OLE on January 25, 2012 11:18 am

    Caliche,

    With CYX only owning 1/3 of Agrisoma, what is the possibility that this turns into another OLE/OJVG?

    Once bitten, twice shy…

Comments RSS TrackBack Identifier URI

Leave a comment

  • RSS calichebahada RSS Feed

  • 24 hr Gold Quote

    [Most Recent Quotes from www.kitco.com]
  • Stockhouse Feed

  • Share |

  •  Powered by Max Banner Ads 
  • Stock Quotes

    Indu0.00  chartN/A
    S&p/tsx Composite12701.26  chart0.00
    S&p/tsx Venture C1684.95  chart0.00

    Newstrike Capital3.17  chart0.00
    Oromin Exploratio0.88  chart0.00
    Redzone Resources0.35  chart0.00
    Teuton Resources 0.58  chart0.00
    Treasury Metals I1.22  chart0.00
    Torex Gold Resour2.36  chart0.00
    Atacama Minerals 1.10  chart0.00
    Ngex Resources In2.69  chart0.00
    1970-01-01 18:17
  •  

    January 2012
    M T W T F S S
    « Dec   Feb »
     1
    2345678
    9101112131415
    16171819202122
    23242526272829
    3031