Calyx Announces Closing of Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 18, 2013) –

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Calyx Bio-Ventures Inc. (“Calyx” or the “Company”) (TSX VENTURE:CYX) announces that, effective today, it closed the non-brokered private placement first announced on September 4, 2013 and further increased on September 11, 2013 (the “Private Placement”). The Private Placement consisted of the sale of 3,223,333 units (the “Units”) at a price of $0.15 per unit for gross proceeds of $483,500.

Each Unit comprises one common share of the Company and one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable into one common share of the Company for a period of 18 months from closing at an exercise price of $0.35.

In connection with the Private Placement, the Company paid finders fees of $38,680 and issued 257,866 finders’ warrants (the “Finders’ Warrants”). Each Finders’ Warrant is exercisable into one common share of the Company for a period of 18 months from closing at an exercise price of $0.35.

The funds raised will be used for general working capital purposes. The securities issued will be subject to a standard four month hold period which will expire January 19, 2014.

The Company is also pleased to announce that Kevin Rathbun has been appointed an executive officer of the Company. Kevin has been with the Company since early 2012, and his appointment is reflective of his increased involvement in operations.

About Calyx

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. 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.