November 27, 2019 - Vancouver, British Columbia - Clean Seed Capital Group Ltd. (“Clean Seed” or the “Company”) (TSX-V: CSX) announces that its patent application for the SMART Seeder technology has been approved for grant in Brazil. The patent covers Clean Seed’s individual point, high resolution and variable rate seeding innovations. The Company has submitted its grant fee for the Brazilian patent application which is the final step to the patent being granted. Clean Seed expects to receive formal grant of the patent in early 2020.
Clean Seed has now been granted patents encompassing its SMART Seeder technology innovations in Canada, United States of America, Australia, France, United Kingdom, Germany, Poland, Italy, Hungary, Spain, Turkey, Romania, China, Russia, Kazakhstan, Belarus and Ukraine. We expect to receive patent approvals in additional countries related to this and other applications submitted.
Graeme Lempriere, Chief Executive Officer of Clean Seed, states: “Clean Seed continues to make great strides in our global patent portfolio expansion and Brazil is no exception with its vast globally respected no-till farming operations. We look forward to maintaining our consistent momentum as we execute our growth plans.”
ON BEHALF OF THE BOARD
Chief Executive Officer
About Clean Seed Capital Group Ltd.
The common shares of Clean Seed Capital Group Ltd. are listed on the TSX Venture Exchange and trade under the symbol "CSX".
We are a team of innovators and business management professionals with a proven track record of game changing innovation and production of patented agricultural technologies at an incredibly high level. We pride ourselves as progress facilitators that turn solutions for modern agricultural problem into commercially viable products to fulfill new demand.
The CX-6 SMART Seeder™ is a revolutionary seeding tool that utilizes the unique synergy of sophisticated electronic metering and intuitive software control putting row-by-row six-meter variable rate technology at the forefront of agricultural innovation. Our innovations create a new class of highly accurate seeding equipment designed specifically for today’s farmer.
For further information please contact Clean Seed at 604-566-9895 and visit our website at http://www.cleanseedcapital.com.
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 news release.
This press release is not an offer or a solicitation of an offer of securities for sale in the United States. The common shares of Clean Seed Capital Group Ltd. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release includes certain “forward-looking statements” as defined under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Specifically, there is no assurance the Company will be successful in receiving a patent for its SMART Seeder technology in countries or regions, other than Brazil, where its patent application is presently under review. Clean Seed disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.