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9/30/2014 - 11:49 AM EST - CO2 Solutions Inc. : provided an update on progress of its pilot project with Husky Energy for the capture of CO2 in the oil industry. As announced in April 2014, CO2 Solutions entered into a Collaboration Agreement with Husky Energy to install and operate a pilot unit at Husky's Pikes Peak South heavy oil site in Saskatchewan. To accommodate operating parameters within the project budget, the facility will now be sized to capture up to 10 tonnes of CO2 per day. The project is funded in part by the Government of Canada's ecoENERGY Innovation Initiative (ecoEII) program, as previously announced on January 24, 2013. CO2 Solutions Inc.
shares V.CST are trading down $0.005 at $0.12.