SAULT STE MARIE, ON -- (Marketwire) -- 10/18/11 -- BioCarbon Solutions International Inc. (PINKSHEETS: BICS) announced today it has entered into a Carbon Development Agreement (CDA) for the evaluation of the carbon potential from 4,200 acres of forested lands in central Nova Scotia. Under the CDA BICS will evaluate the business case for the development of carbon assets as compared to other opportunities including mining interests and, if feasible, develop the project to completion.
About BioCarbonSolutions International
The Company was created as a service company to evaluate and develop environmental opportunities for businesses and landowners looking to take advantage of the carbon economy and the renewable energy sector. For more information consult the company's business plan has been filed with the United States Securities Exchange Commission under CIK 00011420368 while we are reorganizing our website.
Safe Harbor Statement
Sections of this press release contain forward-looking statements which reflect management's best judgment based on factors currently known but involve significant risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including but not limited to risks more fully described in the 'Risk factors' section of the Company's Annual Report and other risks. Forward-looking information provided pursuant to the safe harbor established by recent securities legislation should be evaluated in the context of these factors.
Investor Relations Contact:
BioCarbon Solutions International
705 253 0339 x 25