January 31, 2022 - Vancouver, British Columbia - Clean Seed Capital Group Ltd. ("Clean Seed" or the "Company") (TSX-V: CSX) will be introducing its Mini-MAX™, a scaled-down model of its North American SMART Seeder MAX™, to developing countries.
The Company is preparing to ship the first Mini-MAX™ demonstration unit to India in March 2022 for demonstrations and trials with one of India's top agricultural equipment manufacturers, with whom we anticipate collaboration on commercialization and government-supported initiatives. The Company will be working with likeminded organizations in developing countries to produce and distribute the Mini-MAX™ based on the specific requirements for commercial agriculture in each country or region.
Developing countries face mounting challenges in agriculture, including limited availability of land and water; utilization of ineffective practices mired in the time-worn clutches of history which deplete soil health; broadcast fertilizer techniques and flood irrigation; soil erosion, falling water levels, rising input costs and other environmental impacts. Our SMART Seeder™ technology addresses many of these challenges in the context of North American farming operations. The Mini-MAX™ features key elements of the SMART Seeder MAX™ as well as all-new proprietary elements specifically designed for farming operations in developing nations.
Graeme Lempriere, Chief Executive Officer, states "The Mini-MAX™ is complementary to our SMART Seeder MAX™ product offerings and has been developed from common technological fundamentals. We are pleased to generate additional offerings from our intellectual property portfolio to address challenges at the field level globally and are committed to demonstrating that the SMART Seeder™ technology is scalable for farming operations of all sizes and geographies. We look forward to updating our shareholders in the coming months as we progress business opportunities in India and other developing nations."
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 MAX™ 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.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release includes certain "forward-looking statements" as defined under applicable Canadian securities legislation. All information and statements contained herein that are not clearly historical in nature constitute forward-looking information, and the words "anticipate", "estimate", “believe”, “continue”, “could”, “expects”, “intend”, “plans”, "postulates", "predict", “will”, “may” or similar expressions suggesting future conditions or events or the negative of these terms are generally intended to identify forward-looking information. 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. 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.