(TheNewswire)
October 6, 2022 – TheNewswire - Vancouver, BritishColumbia - Clean Seed Capital Group Ltd.(“ Clean Seed ” or the “ Company ”) (TSXV:CSX ) and ( OTC:CLGPF) is pleased to announce ithas received allowances for the grant of patents in each of Brazil andthe United States. The Company has filed its application for grant andexpects the patents to be issued in the coming months.
United States -Expansion of its Variable Rate Metering Patent
The Company’s Variable Rate Metering patent securesClean Seed’s ability to micromanage precision seeding and plantingoperations of multiple product inputs on every square foot of afarmer’s field. The Company’s original variable ratio metering USpatent was issued in February 2018 and the Company has two sets ofdivisional applications in the US to expand its patent claims, thefirst of which was granted in 2020. This new second divisionalapplication has now been accepted for grant, further expanding thecoverage of this patent.
Brazil - FlowControl Patent
Flow control is one of the core innovations in theCompany’s on-demand air system for the SMART Seeder™ technology.The flow control patent dovetails the innovations and processesbetween the Company’s staged air transfer system and its variableratio metering system. The on-demand air system is a key piece to theSMART Seeder™ technology portfolio and a cornerstone to the VariableRate Metering technology in seeding and planting equipment. This flowcontrol patent family was filed subsequently and therefore,strengthens our Variable Rate Metering patent family, whicheffectively extends the overall life of that patent portfolio. Weexpect to receive additional similar approvals from other countriesapplied to in the coming months.
Graeme Lempriere, Chairman & CEO states: “Theserecent approvals to our patent expansions is an ongoing testament tothe uniqueness of our technology and is further evidence that CleanSeed is at the forefront of agricultural innovation. The SMART SeederMAX™, a true variable rate input application technology, is wellsecured as it prepares to enter the US$25B planting and seedingsegment.”
ON BEHALF OF THE BOARD
“Graeme Lempriere”
Chairman and CEO
For further information please contact Clean Seed at604-566-9895 and visit our website at www.cleanseedcapital.com .
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this news release .
This press release is not an offer or a solicitation ofan offer of securities for sale in the United States. The commonshares of Clean Seed Capital Group Ltd. have not been and will not beregistered under the U.S. Securities Act of 1933, as amended, and maynot be offered or sold in the United States absent registration or anapplicable exemption from registration.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKINGINFORMATION:
This news release includes certain “forward-lookingstatements” as defined under applicable Canadian securitieslegislation. All information and statements contained herein that arenot clearly historical in nature constitute forward-lookinginformation, and the words “anticipate”, “estimate”,“believe”, “continue”, “could”, “expects”,“intend”, “plans”, "postulates","predict", “will”, “may” or similar expressionssuggesting future conditions or events or the negative of these termsare generally intended to identify forward-looking information.Forward-looking statements are necessarily based upon a number ofestimates and assumptions that, while considered reasonable, aresubject to known and unknown risks, uncertainties, and other factorswhich may cause the actual results and future events to differmaterially from those expressed or implied by such forward-lookingstatements. There can be no assurance that such statements will proveto be accurate, as actual results and future events could differmaterially from those anticipated in such statements. Clean Seeddisclaims any intention or obligation to update or revise anyforward-looking statements, whether as a result of new information,future events or otherwise, except as required by law.
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