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Clean Seed Capital Group Ltd. shareholder base exercise warrants


Vancouver, British Columbia, Canada
November 19, 2015

The Company is pleased to announce that it has received total proceeds of $1,776,649 from the exercise of 4,257,776 share purchase warrants which were issued as part of its November 2013 private placement. The majority of these warrants were exercised during the 45 day period prior to the November 5, 2015 expiry date.
 
The Company has also agreed to issue an aggregate of 555,080 common shares (the "Shares") at a deemed price of $0.51 per share to settle certain outstanding debt in the amount of $283,091.25. The Shares issued by the Company pursuant to the shares for debt transaction will be subject to a four month hold period.
 
The Company wishes to thank its shareholders for their continued support; and is looking forward to bringing the CX-6 SMART Seeder to the marketplace in 2016.
 
About Clean Seed Capital Group
The common shares of Clean Seed are listed on the TSX Venture Exchange and trade under the symbol "CSX".  Clean Seed Capital Group Ltd is at the forefront of an agricultural shift to unparalleled high definition seeding technologies.
 
Clean Seed has developed an advanced precision no-till seeding system comprising several individually patented technologies, including in-ground openers, proprietary seed and fertilizer metering, and electronic control systems. Our most recent ground breaking achievement is also our most advanced and innovative to date: the award winning CX-6 SMART Seeder, which is an industry first!
 
The ground-breaking CX-6 SMART Seeder creates a new niche within the large-scale farm equipment market.



More news from: Clean Seed Capital Group Ltd.


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

Published: November 20, 2015

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