14:39:21 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Clean Seed Capital Group Ltd
Symbol CSX
Shares Issued 35,514,166
Close 2015-01-27 C$ 0.55
Market Cap C$ 19,532,791
Recent Sedar Documents

Clean Seed to sell CX-6 seeder through Rocky Mountain

2015-01-28 09:08 ET - News Release

Also News Release (C-RME) Rocky Mountain Dealerships Inc

Mr. Graeme Lempriere of Clean Seed reports

CLEAN SEED CAPITAL (TSX-V: CSX) ANNOUNCES DISTRIBUTION PARTNERSHIP WITH ROCKY MOUNTAIN DEALERSHIPS INC. (TSX: RME, OTCQX: RCKXF)

Clean Seed Capital Group Ltd. has entered into a distribution partnership agreement with Rocky Mountain Dealerships Inc. (RME). RME is one of Canada's largest agriculture and construction equipment dealership networks with branches located throughout Alberta, Saskatchewan and Manitoba. Over a three-year renewable period starting in 2016, RME will manage exclusive sales areas with agreed-upon sales commitments for the company's CX-6 SMART Seeder.

RME's initial CX-6 order commitments for 2016 delivery are for key locations in Alberta, Saskatchewan and Manitoba, in preparation for initial sales of 2016 product, as well as spring 2016 demonstrations by RME, with a commitment for all 33 RME agricultural retail locations in Western Canada to sell and demonstrate the CX-6 SMART Seeder starting in 2017 and beyond.

Clean Seed and RME will work collaboratively to determine the sales volume commitments and the launch plan of the CX-6 SMART Seeder over the coming months for RME's agricultural retail locations across Western Canada.

Through its dealership network, RME sells, rents and leases new and used agriculture equipment and offers product support and finance to its customers. Clean Seed believes that, by partnering with RME, the company's CX-6 SMART Seeder can be sold into the Western Canadian agricultural seeding equipment market as a leading, high-technology, value-added precision seeding unit.

Graeme Lempriere, chief executive officer of Clean Seed, stated: "We are delighted that Rocky has agreed to partner with us. We view the CX-6 SMART Seeder as the next generation of seeding technology. The CX-6 SMART Seeder and its unique high-definition technology creates an entirely new classification within the large-scale agricultural equipment markets. Rocky is the ideal partner for Clean Seed by providing the respected network and expertise to propel our sales efforts. We look forward to working closely with Rocky in the coming years to roll out our technology across Canada."

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