VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/26/13 -- Calyx Bio-Ventures Inc. (TSX VENTURE: CYX) is pleased to announce the appointment of Gray Taylor, identified in 2011 as the leading climate change lawyer in Canada, as an advisor to the company.
Taylor is presently co-leader and counsel of Bennett Jones' Climate Change and Emission Trading practice. He focuses on climate change and related corporate issues affecting businesses in Canada and abroad. Taylor has acted on a number of complex transactions, including the representation of the largest private sector participants in the World Bank (US) $1-billion Umbrella Carbon Fund transaction.
Taylor is heavily involved with emissions trading transactions involving Emission Reduction Purchase Agreements and related financing and transactional documents for a broad range of Kyoto Protocol (CDM and JI), Alberta and other Canadian regulatory deals. He's also involved with North American and international voluntary carbon deals, and advises on corporate governance and climate change business planning issues.
Past Chair of the National Environmental, Energy and Resources Law Section of the Canadian Bar Association, Taylor is a director of the International Emissions Trading Association and the co-chair of its Canadian Working Group.
"As a leading climate change lawyer, Gray Taylor brings insight and a wealth of experience to our table," said Hugh Notman, President and CEO of Calyx. "His guidance will be very valuable with our majority-owned subsidiary, Agrisoma Biosciences Inc., and its efforts to commercialize its proprietary oilseed crop for biofuel production. His deep understanding of climate change initiatives will be extremely helpful as we create biofuel initiatives and accelerate our company's development."
"It is a privilege to be associated with Calyx and its biofuels business," said Taylor. "Harnessing the ecosystem to reduce greenhouse gas emissions is a critical part of achieving a low-carbon future. I believe Calyx can play an important role in those efforts."
Calyx Bio-Ventures Inc. trades on the TSX Venture Exchange under the symbol "CYX" and owns a majority position in Agrisoma Biosciences Inc. Agrisoma is a private agricultural biotechnology company that uses a proprietary Engineered Trait Loci (ETL) technology licensed from Calyx to commercialize a suite of industry-leading oil quality and crop improvement traits for use in energy feedstock crops. Agrisoma is currently commercializing Resonance carinata, a non-food oilseed crop that is well suited for cultivation on semi-arid lands. For further information about Calyx, its technology, collaborations and partnerships, please visit www.calyxbio.com. For more information about Agrisoma, visit www.agrisoma.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Calyx Bio-Ventures Inc.
W. Hugh Notman
President & CEO
Calyx Bio-Ventures Inc.
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