Harvest International’s unfounded claim against Clean Seed dismissed
Vancouver, British Columbia, Canada
January 13, 2020
Clean Seed Capital Group Ltd. (TSX-V: CSX) (“Clean Seed” or the “Company”) has successfully addressed the complaint filed against it by Harvest International Inc. in the US District Court for the Northern District of Iowa on July 16, 2019. In response to the lawsuit, the Company filed a Motion to Dismiss the key claims asserted. Before the court ruled on the Company’s motion, Harvest agreed to dismiss the lawsuit in its entirety with prejudice, ensuring that this matter is over and cannot be brought back to court in any form.
Graeme Lempriere, CEO of Clean Seed stated, “Clean Seed Capital Group will always defend its technology and the integrity of its team. This unfortunate litigation brought by Harvest International is now dismissed, and behind us. We look forward to rewarding our shareholders’ perseverance in 2020 with some exciting new developments.”
About Clean Seed Capital Group Ltd.
The common shares of Clean Seed are listed on the TSX Venture Exchange and trade under the symbol "CSX".
We are a team of innovators and business management professionals with a proven track record of game changing innovation and production of patented agricultural technologies at an incredibly high level. We pride ourselves as progress facilitators that turn solutions for modern agricultural problem into commercially viable products to fulfill new demand.
The CX-6 SMART Seeder™ is a revolutionary seeding tool that utilizes the unique synergy of sophisticated electronic metering and intuitive software control putting row-by-row six-meter variable rate technology at the forefront of agricultural innovation. Our innovations create a new class of highly accurate seeding equipment designed specifically for today’s farmer.
For further information please contact Clean Seed at 604-566-9895 and visit our website at http://www.cleanseedcapital.com
ON BEHALF OF THE BOARD
“Graeme Lempriere”
Chief Executive Officer
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Website: http://www.cleanseedcapital.com/ Published: January 13, 2020 |
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