November 5, 2020 - Vancouver, British Columbia - Clean Seed Capital Group Ltd. (“Clean Seed” or the “Company”) (TSX-V: CSX) has appointed Mr. Glenn Gatcliffe to its Board of Directors.
Glenn Gatcliffe has over 20 years of investment banking and capital markets experience at top-tier bank-owned dealers and independent platforms. He was at Raymond James from 2015 to 2020 as Managing Director, Head of Consumer, Agriculture, Chemicals and Manufacturing; and at BMO Capital Markets from 2000 to 2015. While at BMO, Mr. Gatcliffe covered a broad range of diversified companies including consumer and industrial products and was also Group Head for the global coverage of the firm’s fertilizers and agriculture practice. He has a broad range of financial and strategic advisory experience to public and private companies including M&A advisory, equity financings, lending, and public debt in North America, Europe, Asia and South America.
Mr. Gatcliffe earned his Bachelor of Science and Business Administration from Babson College in Boston and went on to earn his Master of Business Administration (Finance) from McGill University.
Mr. Lempriere states “It is my distinct pleasure to welcome Glenn Gatcliffe to our board of directors, Glenn brings a wealth of knowledge and value to Clean Seed as an independent board member. As we ramp up production and continue to evaluate M&A activities, Glenn will be a valued participant”
Mr. Gatcliffe states “I am delighted to be joining the board at such an exciting time. I have been following Clean Seed for a few years and have been impressed with the industry leading technology and top caliber management team that has been put in place. I look forward to assisting the Company in becoming a global leader in its sector.”
Ms. Chantal Schutz is kindly stepping down from the Board of Directors of the Company to facilitate the appointment Mr. Gatcliffe and to accommodate the expected increased time commitment for her role as Chief Financial Officer and Executive Vice President of mCloud Technologies Corp.
Ms. Schutz states “It has been my privilege to serve as an Independent Director at Clean Seed over the last six years. As an organization on the leading edge of agricultural technology, I know the group’s brightest days are still to come. I look forward to Clean Seed’s continued growth and success.”
Mr. Lempriere states “I would like to thank Chantal for supporting our board and organization over the last 6 years, here independent views and industry insight was greatly appreciated. We all wish her the very best as she grows her mandate with mCloud.”
The Company has granted Mr. Gatcliffe incentive stock options to acquire 200,000 shares of common stock at a price of $0.30 per share until December 31, 2023.
ON BEHALF OF THE BOARD
Chairman and CEO
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.
Clean Seed’s SMART Seeder™ technologies are revolutionary seeding tools that utilize the unique synergy of sophisticated electronic metering and intuitive software control putting row-by-row 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.