CO2 Solutions Inc. ("CO2 Solutions" or the "Corporation") is pleased to announce that Euro Pacific Canada Inc. ("Euro Pacific"), the sole agent for its December 2015 public offering (the "Offering") of units (the "Units"), has exercised its option (the "Agent's Option") with regards to the sale of additional Units (the "Option Units") at a price of $1,000 per Option Unit in connection with the Offering.

The Agent's Option had been granted to Euro Pacific pursuant to an agency agreement entered into between Euro Pacific and the Corporation as of December 23, 2015 (the "Agency Agreement").

In connection with the Agent's Option, the Corporation has issued an additional 102 Option Units as of the date hereof, bringing the aggregate gross proceeds of the Offering, including the exercise of the Agent's Option on the date hereof, to $2,195,000. Each Option Unit consists of a 12% convertible secured debenture in the principal amount of $1,000 and 4,348 share purchase warrants of the Corporation.

Pursuant to the terms of the Agency Agreement, the Corporation paid to Euro Pacific a cash commission of $6,120 and issued 26,609 broker warrants to Euro Pacific, entitling the holder to purchase 26,609 common shares of the Corporation at a price of $0.24 per common share until June 30, 2017.

About CO2 Solutions Inc.

CO2 Solutions is an innovator in the field of enzyme-enabled carbon capture and has been actively working to develop and commercialize the technology for stationary sources of carbon pollution. CO2 Solutions' technology lowers the cost barrier to Carbon Capture, Sequestration and Utilization (CCSU), positioning it as a viable CO2 mitigation tool, as well as enabling industry to derive profitable new products from these emissions. CO2Solutions has built an extensive patent portfolio covering the use of carbonic anhydrase, or analogues thereof, for the efficient postcombustion capture of carbon dioxide with lowenergy aqueous solvents.