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Monday, 06/24/2013 12:53:24 PM

Monday, June 24, 2013 12:53:24 PM

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Scientific Study Reveals ReadiDiesel® Meets Petroleum-Based Diesel Specifications Without Blending Fossil Fuels

Source: http://bit.ly/19kX881

June 24, 2013 – Vancouver, British Columbia – Calyx Bio-Ventures Inc. (TSX-V: CYX) is
pleased to announce that Resonance® energy feedstock provided by Calyx subsidiary Agrisoma Biosciences, was found to be the most similar to petroleum-derived fuels as compared to other renewable fuels tested in a recent study conducted by the Coordinating Research Council (CRC), a non-profit organization that encourages, promotes and studies various fuels through scientific research.

The study, Advanced Alternative and Renewable Diesel Fuels: Detailed Characterization of
Physical and Chemical Properties, confirmed that ReadiDiesel®, made from Agrisoma’s
Resonance™ energy cairnata feedstock, “looked more like the petroleum-derived fuels than the
other renewable fuels…” The study compared the results of detailed analyses of the physical and chemical properties of 10 advanced alternative and renewable diesel fuels and four commercial ultra low sulfur diesels.

A key objective of the blind study was to identify the similarities and differences of alternative
and renewable fuels as compared to conventional petroleum derived diesel fuels. Samples were
obtained from select manufacturers who produced diesel on a relatively large scale (from pilot to
commercial scale) and agreed to participate in the study.

Highlights of the report include:
• Referring to RD3 (ReadiDiesel): “…looked more like the petroleum-derived fuels than
the other renewable fuels…” Page xviii, Executive Summary.

• ReadiDiesel was the only fuel tested that had the same level of aromatics as petroleumbased diesel fuel, the main reason most alternative fuels require blending with petroleum.

ReadiDiesel, made by Applied Research Associates (ARA) and Chevron Lummus Global from
Agrisoma Resonance® energy feedstock, is referred to as "RD3" in the report the report.
“The CRC report provides a broad view and comprehensive analysis of the slate of alternative
and renewable diesel fuels at or near commercial scale. Our ReadiDiesel, made from Agrisoma’s Resonance energy feedstock, clearly stands out, meeting D975 specs without blending and having a molecular makeup that is almost indistinguishable from the ultra low sulfur diesels tested in the program,” said Ed Coppola, ARA Fuels Technical Lead.

“The fact that ReadiDiesel has a density equivalent to petroleum diesels is significant from an
operational perspective as it equates to extra miles per gallon for a diesel fleet,” said Chuck Red,
ARA’s Vice President, Fuels Development.

“The CRC study is one more confirmation that Resonance® carinata can be used as a feedstock
for fuels that are complete petroleum substitutes, resulting in substantially reduced carbon and
other harmful emissions without compromising performance,” said Hugh Notman, president and
CEO of Calyx. “This further supports our efforts to become a leading non-food source of
biofuels that can be utilized seamlessly in petroleum-fuel powered engines, whether they be in
planes, ground transportation or other applications.”

Access to the full CRC Report visit http://www.crcao.org/reports/recentstudies2013/AVFL-19-
2/CRC%20Project%20AVFL-19-2%20Final%20Report.pdf

The AVFL-19 Working Group (of the CRC) is comprised of representatives from energy
companies, U.S. national labs, and a Canadian national lab. The time and testing expenses of the authors were largely funded by their respective organizations. Members of the U.S. Department of Energy National Laboratories used funding from their budgets provided by U.S. DOE Vehicle Technologies Program. Members of National Resources Canada and Canmet ENERGY used funding from their budgets provided by the Government of Canada’s interdepartmental Program of Energy Research and Development, PERD 113 Petroleum Conversion for Cleaner Air.

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