Fundamental Research Corp. Initiates Coverage of Clean Seed Capital Group (TSX-V: CSX)
November 7, 2016 – Vancouver, British Columbia – Clean Seed Capital Group Ltd. (“Clean Seed” or the “Company”) (TSX-V: CSX) – The Company is issuing this news release to replace that news release of November 2, 2016, which was issued in error. The Company announces that Fundamental Research Corp., an independent research firm specializing in the small-cap and micro-cap sectors, has initiated coverage of Clean Seed Capital Group Ltd. and has published its first report. That report can be found on Fundamental Research Corp.’s website at www.researchfrc.com.
About Fundamental Research Corp.
Since 2003, Fundamental Research Corp. (“Fundamental Research Corp.” or “FRC”) has provided the highest institutional quality equity research coverage on over 250 small and micro-cap public companies through our extensive distribution network. Since 2009, they have also issued over 80 reports on exempt market securities. Their research is being used by some of the largest institutional investors in the world who access it through channels such as Reuters, Capital IQ, the Globe and Mail, and by subscription.
Fundamental Research Corp. is ranked in the Top Ten in independent third party evaluations of research, and they have developed a reputation for producing high quality research.
FRC does not undertake to advise you as to changes in figures or their views. This is not a solicitation of any order to buy or sell. Fundamental Research Corp. is not a market maker and does not sell to or buy from customers on a principal basis. The research findings are the opinion of Fundamental Research Corp. and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in this report are not in concert. Analysts and members of their research department are prohibited from buying or selling securities issued by the companies that Fundamental Research Corp. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an analyst or member of the research department may sell such securities after obtaining expressed written permission from their compliance department. As of the date of this report no Fundamental Research Corp. employees had a position in the stock of Clean Seed.
All research issued by Fundamental Research Corp. is based on public information. Fees were paid by Clean Seed to FRC. The purpose of the fee is to subsidize the high costs of research and monitoring. FRC takes steps to ensure independence including setting fees in advance and utilizing analysts who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, analysts may not trade in any security under coverage. FRC has full editorial control of all research, timing of release of the reports, and release of liability for negative reports are protected contractually. To further ensure independence, Clean Seed has agreed to a minimum coverage term including four reports.
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". Clean Seed Capital Group Ltd is at the forefront of an agricultural shift to unparalleled high definition seeding technologies.
Clean Seed has developed an advanced precision no-till seeding system comprising several individually patented technologies, including in-ground openers, proprietary seed and fertilizer metering, and electronic control systems. Our most recent ground breaking achievement is also our most advanced and innovative to date: the award winning CX-6 SMART Seeder, which is an industry first!
The ground-breaking CX-6 SMART Seeder creates a new niche within the large-scale farm equipment market.
For further information please contact Clean Seed at 604-566-9895 and visit our website at http://www.cleanseedcapital.com.
ON BEHALF OF THE BOARD
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 herein include, but are not limited to, statements with respect to the future manufacture and sale of equipment. 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. Accordingly, there is no assurance the manufacturing and sales targets outlined herein will be met; and readers should not place undue reliance on forward-looking statements. 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.