Vancouver, British Columbia, Canada
March 24, 2021

Clean Seed Capital Group Ltd. (“Clean Seed” or the “Company”) (TSX-V: CSX) announces the Company has entered into an agreement to lease a new custom build facility in Saskatoon, Saskatchewan.  This 16,000 square foot facility and its surrounding grounds will be the cornerstone for the early commercialization plans of the SMART Seeder MAX/MAX-S™. Centrally located in Western Canada, this flagship facility will be home to the assembly of the SMART Seeder MAX-S™ and related electronics systems, sales and customer experience infrastructure, dealer support and related research and development activities. Clean Seed will be hiring new skilled workers during the next twelve months for this facility to scale to customer demand for the new SMART Seeder MAX/MAX-S™.

Related to initiating operations in Saskatchewan, Clean Seed: 

• has become a member of the Saskatchewan Trade and Export Partnership (STEP).  STEP champions Saskatchewan’s export industry and assists provincial businesses in realizing global marketing opportunities. STEP offers its members a variety of services and programs that can help diversify customer bases and grow business around the globe.
• will have the ability to initiate its benefit under the Saskatchewan Commercial Innovation Incentive (SCII) program.  Clean Seed was the first Company approved for the patent box SCII program as approved by the Saskatchewan Ministry of the Economy. The incentive will allow the Company to reduce its provincial income tax rate from 12% to 6% per cent for 15 years commencing anytime at the Company’s discretion.

Graeme Lempriere, Chief Executive Officer, states “We look forward to setting up operations in the heart of the Canadian prairies, providing a central location for our operations team on the ground. This latest milestone further demonstrates our unwavering commitment to the launch of our award-winning smart seeding and planting technologies and is representative of a dynamic and highly productive time for our organization.”
 

Website: http://www.cleanseedcapital.com/

Published: March 24, 2021