(TheNewswire)
June 13, 2023 – TheNewswire - Vancouver, BritishColumbia - Clean Seed Capital Group Ltd.(“ Clean Seed ” or the “ Company ”) (TSXV:CSX) is pleased to announcethe successful completion of the next phase of commitments within theMOU with Mahindra & Mahindra Limited (“Mahindra”) announcedFebruary 13, 2023.
Clean Seed and Mahindra recently completed thedevelopment, production, and assembly of the first pre-productionMINI-MAX™ Alpha units for India. This milestone highlights thecommitment of both parties to deliver SMART Seeder™ technologieswith specifications required for its customer base in the region.
A pre-production MINI-MAX™ Alpha unit was dispatchedto various farms in the Punjab and Haryana region to complete thefinal stage of trials with the Northern Farmer Mega FPO. These conclusive trials were a complete success whilefocusing on direct seeding rice, one of India’s leading crops. MINI-MAX™ is positioned toaddress wheat, rice, maize, pulses and millets which makes up the bulkof the Indian crop production.
In addition, the validation processes, successes, andstability of our technology has allowed for the pre-productionMINI-MAX™ to continue to be operated by the FPO without on-groundsupport from Clean Seed or Mahindra.
We are also proud to announce that from June 15, 2023,to June 17, 2023, Canada’s Agriculture Minister, The HonourableMarie-Claude Bibeau, is travelling to India for the upcoming G20Agriculture Minister’s Meeting in Hyderabad. Following her visit toHyderabad, the Minister will be attending a MINI-MAX™ demonstrationat an on-farm site in Sonepat, outside of Delhi.
Chairman and CEO of Clean Seed, Graeme Lempriere,states:
“The completion of this phase of our MOU with ouresteemed partner Mahindra & Mahindra demonstrates our mutualvision, commitment, and ambitions to have a meaningful impact on theglobal agriculture system.
I would like to again thank the Canadian Provincial andFederal Governments and Agencies, our shareholders, and the farmingcommunity for your support, as well as all the parties on the groundin India that have worked tirelessly to bring this opportunity tofruition. Our experiences in India to date has beentremendous.”
ON BEHALF OF THE BOARD
“Graeme Lempriere”
Chairman and CEO
About Clean Seed Capital Group Ltd.
The common shares of Clean Seed Capital Group Ltd. arelisted on the TSX Venture Exchange and trade under the symbol"CSX”.
We are a team of innovators and business managementprofessionals with a proven track record of game changing innovationand production of patented agricultural technologies at an incrediblyhigh level. We pride ourselves as progress facilitators that turnsolutions for modern agricultural problem into commercially viableproducts to fulfill new demand.
Clean Seed’s SMART Seeder MAX™ technologies arerevolutionary seeding tools that utilize the unique synergy ofsophisticated electronic metering and intuitive software controlputting row-by-row variable rate technology at the forefront ofagricultural innovation. Our innovations create a new class ofhighly accurate seeding equipment designed specifically for today’sfarmer.
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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