July 7, 2025 - Vancouver, British Columbia - Clean Seed Capital Group Ltd. (“Clean Seed” or the “Company”) (NEX:CSX.H) is pleased to announce that Mahindra and Mahindra Limited (“Mahindra”) has successfully completed its investment into the required machining, tooling, and dedicated production floor space to support the white-label manufacturing of Clean Seed’s SMART Seeder Mini-MAX™.
The first production run of fifty Mini-MAX units is scheduled for completion and shipping to Brazil, Mexico and Canada between this September and November. Mahindra will also utilize a portion of first production for its own sales and marketing initiatives. Mahindra is the world’s largest tractor company by volume with a presence in over 50 countries and global R&D capabilities.
This milestone enables the ramp up of global distribution of Clean Seed’s precision agricultural equipment, marking a major leap forward in the Company’s collaborative effort to bring world-class innovation to distribution partners and farms around the world.
Graeme Lempriere – Chief Executive Officer of Clean Seed stated, “We are excited to see the continued positive momentum of our partnership with Mahindra as this next phase of our agreement comes to life. Under the agreement, Clean Seed is the technology provider with Mahindra responsible for the manufacture of SMART Mini MAX units and provision of components for other Clean Seed products. The relationship significantly de-risks Clean Seed’s business model going forward. The investment for dedicated tooling, machining, and production floor space reflects Mahindra’s commitment to the success of the collaborative venture. This progress not only demonstrates shared vision and execution but also sets the stage for a powerful global impact. I would like to express my sincere gratitude to all teams involved in making this a reality.”
As referenced in the press release dated February 7th, 2024, Clean Seed and Mahindra entered into a definitive Technology License and Manufacturing Agreement to develop and distribute the SMART Seeder Mini-MAX™. The agreement grants Mahindra the rights to manufacture and distribute the SMART Seeder Mini-MAX™, branded as the Mahindra Maxeeder, worldwide. The agreement also provides Clean Seed with SMART Seeder Mini-MAX units as manufactured by Mahindra.
The key details from that release are as follows:
- Clean Seed and Mahindra signed a definitive Technology License and Manufacturing Agreement following the signing of an MOU in January 2023.
- The agreement allows Mahindra to manufacture and distribute the SMART Seeder Mini-MAX™ globally.
- The alliance aims to revolutionize agriculture, starting with India, by enhancing yield, reducing input costs, conserving water, and protecting soils.
- Graeme Lempriere emphasized the significance of this strategic partnership for global agriculture.
- Kairas Vakharia, SVP of Mahindra, stated the SMART Seeder Mini-MAX™ will drive input reduction and sustainable farming.
ON BEHALF OF THE BOARD
“Graeme Lempriere”
Chairman and CEO
glempriere@cleanseedcapital.com
About Clean Seed Capital Group Ltd.
Clean Seed is an agricultural technology company accelerating the commercialization of its award-winning, internationally patented SMART Seeder™ technologies. Designed for real-world conditions and backed by independent field trials, these tools significantly reduce fertilizer usage while supporting higher crop performance and overall farm profitability.
At the heart of Clean Seed’s offering is the SMART Seeder™ system—a breakthrough in precision seeding that combines advanced electronic metering with intuitive software control. Its ability to deliver row-by-row variable rate inputs positions it as a leading innovation in the next generation of sustainable farming.
Clean Seed is partnered with Mahindra, the world’s largest tractor manufacturer by volume, strengthening its global path to market and large-scale adoption.
The common shares of Clean Seed Capital Group Ltd. are listed on the NEX branch of the TSX Venture Exchange and trade under the symbol "CSX ".
For further information please contact Clean Seed at info@cleanseedcapital.com and visit our website at www.cleanseedcapital.com.
Neither the TSX Venture Exchange, the NEX nor their 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 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.