Clean Seed Capital Group Ltd. announces that Clean Seed Agricultural Technologies Ltd. has entered into a Financial Contribution Agreement with the Government of Canada whereby it will receive a zero interest loan of up to $1,825,000 to support the commercialization, production and distribution of the Company’s CX-6 Smart Seeder. This repayable contribution supports our Canadian based production and will lead to the creation of skilled Canadian based employment.
“We would like to express our appreciation to Canada’s Agriculture Minister Mr. Lawrence MacAulay for supporting the commercialization of the CX-6 Smart Seeder. The sustained support by various government agencies over the years has played an important role in our evolution. We proudly welcome the resolute financial support of our government to launch our Canadian designed and developed CX-6 Smart Seeder both here at home and abroad” said Graeme Lempriere, CEO of Clean Seed.