(TheNewswire)
November 5, 2020 - TheNewswire- Vancouver, British Columbia - Clean SeedCapital Group Ltd. ("Clean Seed" or the "Company")(TSXV:CSX) has appointed Mr. Glenn Gatcliffe to its Board ofDirectors.
Glenn Gatcliffe has over 20 years of investment bankingand capital markets experience at top-tier bank-owned dealers andindependent platforms. He was at Raymond James from 2015 to 2020 asManaging Director, Head of Consumer, Agriculture, Chemicals andManufacturing; and at BMO Capital Markets from 2000 to 2015. While atBMO, Mr. Gatcliffe covered a broad range of diversified companiesincluding consumer and industrial products and was also Group Head forthe global coverage of the firm's fertilizers and agriculturepractice. He has a broad range of financial and strategic advisoryexperience to public and private companies including M&A advisory,equity financings, lending, and public debt in North America, Europe,Asia and South America.
Mr. Gatcliffe earned his Bachelor of Science andBusiness Administration from Babson College in Boston and went on toearn his Master of Business Administration (Finance) from McGillUniversity.
Mr. Lempriere states "It is my distinct pleasureto welcome Glenn Gatcliffe to our board of directors, Glenn brings awealth of knowledge and value to Clean Seed as an independent boardmember. As we ramp up production and continue to evaluate M&Aactivities, Glenn will be a valued participant"
Mr. Gatcliffe states "I am delighted to be joiningthe board at such an exciting time. I have been following Clean Seedfor a few years and have been impressed with the industry leadingtechnology and top caliber management team that has been put in place.I look forward to assisting the Company in becoming a global leader inits sector."
Ms. Chantal Schutz is kindly stepping down from theBoard of Directors of the Company to facilitate the appointment Mr.Gatcliffe and to accommodate the expected increased time commitmentfor her role as Chief Financial Officer and Executive Vice Presidentof mCloud Technologies Corp.
Ms. Schutz states "It has been my privilege toserve as an Independent Director at Clean Seed over the last sixyears. As an organization on the leading edge ofagricultural technology, I know the group's brightest days are stillto come. I look forward to Clean Seed's continued growth andsuccess."
Mr. Lempriere states "I would like to thankChantal for supporting our board and organization over the last 6years, here independent views and industry insight was greatlyappreciated. We all wish her the very best as she grows her mandatewith mCloud."
The Company has granted Mr. Gatcliffe incentive stockoptions to acquire 200,000 shares of common stock at a price of $0.30per share until December 31, 2023.
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(TM) 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 of highlyaccurate seeding equipment designed specifically for today'sfarmer.
For further information please contact Clean Seed at604-566-9895 and visit our website at http://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.
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