For Immediate Release
CALYX PROVIDES CORPORATE UPDATE AND
CANCELS PRIVATE PLACEMENT FINANCING
April 9, 2014 – Vancouver, British Columbia – Calyx Bio-Ventures Inc. (TSXV:CYX) (“Calyx” or the
“Company”) announces that it has entered into an agreement with BDC Capital Inc. and Agrisoma
Biosciences Inc. (“Agrisoma”) pursuant to which Calyx has agreed to waive its pre-emptive right in order
to allow a third party to finance Agrisoma. The proposed Agrisoma financing, if it were to proceed as
proposed and without Calyx’s participation will, upon closing, dilute Calyx’s interest in Agrisoma from
49.96% to approximately 29%. Following an evaluation by an Independent Committee of Calyx’s board
of directors, it was determined that in Calyx’s view, Agrisoma’s business had not progressed as expected,
and no options for financing Agrisoma could be found that would be satisfactory to shareholders of Calyx.
Additionally, intellectual property (“IP”) which was exclusively licensed to Agrisoma by Calyx is no
longer under exclusive license to Agrisoma. With the IP reverting to Calyx, Calyx is now able to license
and utilize its IP in other agricultural sector opportunities that it is currently investigating. The unique
and powerful features of this technology provide clear advantages for the development of plant-based
products. Calyx is in discussions and pursuing a number of new business opportunities in the agriculture
and agri-pharmaceutical sectors including the MMPR (Marijuana for Medical Purposes Regulations) and
marijuana biotech where we can bring our depth of agriculture capacities.
Accordingly, the Calyx board has determined to cancel the dilutive non-brokered private placement for
the issuance of up to 35 million units at a price of six cents per unit for cash proceeds of up to $2.1-
million previously announced on March 31, 2014.
Calyx Bio-Ventures Inc. (TSXV:CYX) is an agricultural technology company which is developing early
stage agriculture ventures. Calyx brings its depth of experience, capital and other capacity, including its
proprietary intellectual property, to enhance plant yields. In addition to Calyx’s shareholding in
Agrisoma Biosciences Inc., a company which is producing a non-food energy feedstock crop for
bioenergy, Calyx is pursuing agri-pharmaceutical opportunities in the MMPR (Marijuana for Medical
Purposes Regulations) and the agri-tech space. The medical marijuana industry is in its infancy and is an
emerging multibillion-dollar opportunity undergoing significant regulatory and legal reform which offers
strong growth opportunities to early participants. For further information about Calyx, please visit
For Further Information, please contact:
Don Konantz Investor Relations:
President & CEO Keir Reynolds
Tel: 604-649-5961 Tel: 778-998-9242
Email: email@example.com Email: firstname.lastname@example.org
Forward-Looking Statements: This document contains certain forward-looking statements concerning
Calyx, as well as other expectations, plans, goals, objectives, information or statements about future
events, conditions, or performance that may constitute "forward-looking statements" or "forward-looking
information" under applicable securities legislation. Such statements or information involve substantial
known and unknown risks and uncertainties, certain of which are beyond Calyx's control.
Such forward-looking statements or information are based on a number of assumptions, which may prove
to be incorrect.
Although Calyx believes that the expectations reflected in such forward-looking statements or information
are reasonable, undue reliance should not be placed on forward-looking statements because Calyx can
give no assurance that such expectations will prove to be correct. Forward-looking statements or
information are based on current expectations, estimates and projections that involve a number of risks
and uncertainties which could cause actual results to differ materially from those anticipated by Calyx
and described in the forward-looking statements or information.
The forward-looking statements or information contained in this news release are made as of the date
hereof and Calyx undertakes no obligation to update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events or otherwise unless so required by
applicable securities laws or the TSX Venture Exchange. The forward-looking statements or information
contained in this news release are expressly qualified by this cautionary statement.
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