Calyx Announces Commercial Launch of Higher Yielding Variety of Resonance(R) Carinata

VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 15, 2013) – Calyx Bio-Ventures Inc. (TSX VENTURE:CYX) is pleased to announce the commercial launch of an improved variety of Resonance® carinata, an industrial oilseed crop that is proprietary to Calyx’s operating subsidiary, Agrisoma Biosciences Inc. Oil extracted from carinata can be refined into fuels used as 100 percent petroleum substitutes.

Performance trials of this next-generation variety of Resonance carinata, AAC A110, delivered an average yield improvement of 7% compared to the existing Resonance carinata variety, AAC A100 (where yield is measured as the weight of the crop harvested per acre). AAC A110 also demonstrated an improved meal profile. The AAC A110 variety was developed and extensively field-tested over the last three growing seasons at multiple locations in Western Canada.

“The yield improvements from AAC A110 enables production of more oil for every acre planted, compared to the AAC A100 line. This further substantiates the value proposition for Resonance carinata to become the leading oilseed crop for the biofuel industry,” said Hugh Notman, CEO of Calyx. “Continuing to develop higher yielding varieties is a high priority for our company.”

Performance trials of AAC A110 resulted in yields as high as 44 bushels per acre. AAC A110 also resulted in an improved meal (the resulting byproduct of carinata after the oil has been extracted) profile. Resonance carinata produces a high-soluble protein meal that can be sold into the cattle feed market.

AAC A110 has the same seeding rates and crop inputs (fertilizer, weed and insect control) as A100, and costs the same to produce, treat, clean and deliver to farmers.

“Ultimately we get a better crop that results in even better land utilization, which has implications across the entire value chain,” Notman said. “Equally important is that the production and use of carinata as a fuel substantially reduces carbon and other harmful emissions.”

Beginning with the current planting season, AAC A110 will be the variety of Resonance carinata sold for commercial production.

About Calyx

Calyx Bio-Ventures Inc. (TSX VENTURE:CYX) is an agricultural technology company focused on renewable fuels including biojet and biodiesel. Calyx’s majority-owned operating subsidiary, Agrisoma Biosciences Inc., 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. From seed to sky, fuels produced from Resonance® carinata substantially reduce carbon and other harmful emissions, and help to reduce global petroleum dependence. For further information about Calyx, please visit www.calyxbio.com. Resonance® is a registered trademark of Agrisoma Biosciences Inc.

Contact Information:
Calyx Bio-Ventures Inc.
W. Hugh Notman
President & CEO
604-689-2495
hnotman@calyxbio.com

Calyx Bio-Ventures Inc.
Keir Reynolds
Investor Relations
778-998-9242
kreynolds@calyxbio.com
www.calyxbio.com

Source: Marketwired (Canada) (May 15, 2013 – 8:01 AM EDT)

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