(TheNewswire)
August 24, 2023 – TheNewswire - Vancouver, British Columbia– - Clean Seed Capital Group Ltd.(“ Clean Seed ” or the “ Company ”) (TSXV:CSX) is pleased to announcethe signing of a Memorandum of Understanding (the “MOU”) with Brad Technologies SAS (“ Brad ”), a Francebased AgriTech company, whose mission is to be the voice of soilhealth by providing farmers with enhanced real-time knowledge drivenby artificial intelligence (“ AI ”).
Brad is the creator of a decision-helping digitalsolution aimed at farmers transitioning towards agroecological andregenerative agriculture principles and promoting practices andcollaborating to restore and preserve soil health. Brad uses dataacquired and returned in real time coupled with AI to provide farmerswith an improved knowledge of the state of health of their soils. Formore information regarding Brad Technologies see their website at https://www.brad.ag/en/ .
The MOU outlines collaboration opportunities to achieveBrad’s underlying goal of commercializing its technology and CleanSeed’s goal of facilitating progress to support the implementationof agricultural technologies that improve the well-being of thefarmer, the land and food production on the ground in India. AgriTechis one of the prevailing solutions to mitigate climate change, satisfyconsumer demands to improve yields and restore the heath of the soil.
As collaborators the parties will work together underthis MOU to evaluate the business strategies for the Brad technology,manufacturing, distribution and marketing for entry into India andfurther technology collaboration opportunities between the parties toaccelerate growth for both organizations.
Graeme Lempriere, Chairman and CEO of Clean Seed,states:
“We continue to strengthen our relationships in Indiathrough a strong collaborative approach on the ground, our SMARTSeeder MINI-MAX™ technology has become the cornerstone of our effortto implement advancements in agriculture, our ongoing efforts toprepare for commercialization with Mahindra are on track. BradTechnologies is a welcomed additional opportunity to expand both ourimpact on the ground in India and other meaningful opportunities forboth parties.”
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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