(via TheNewswire)
December 17, 2025 – TheNewswire - Vancouver, British Columbia – Clean Seed Capital Group Ltd. (NEX: CSX.H) has closed the issuances of the secured convertible debenture, shares for interest and share purchase warrants announced in the news release dated December 10, 2025, under the same terms as announced and as disclosed herein.
Secured Convertible Debenture
The secured convertible debenture in the principal amount of $330,000 (the “ Debenture ”) shall bear interest of 11%, shall mature on December 31, 2026, is convertible into 1,650,000 common shares of the Company (the “ Shares ”) at a price of $0.20 per share, and is secured by a general charge against all of the assets of the Company and its subsidiaries. Interest on the Debenture shall be due upon maturity, excluding for the shares for debt transaction described below. The Company issued the Debenture to replace a secured convertible debenture which matured August 2025.
Share Purchase Warrants
In connection with the Debenture, the Company has issued 500,000 detachable share purchase warrants whereby each share purchase warrant is exercisable into one common share of the Company at a price of $0.12 per share for a term of one year (the “ Warrants ”).
Shares for Interest
The Company has issued 500,000 Shares at a price of $0.10 per share to extinguish $50,000 of accrued interest related to the Debenture (the “ Shares for Interest ”).
These transactions are with an arms’ length party. All securities to be issued in connection with the Debenture, Shares for Interest and Warrants will be subject to a regulatory hold period of four months and a day in accordance with the rules and policies of the TSX Venture Exchange and applicable Canadian securities laws, and such other further restrictions as may apply under foreign securities.
ON BEHALF OF THE BOARD
“Graeme Lempriere”
Chairman and CEO
About Clean Seed Capital Group Ltd.
The common shares of Clean Seed Capital Group Ltd. are listed on the NEX branch of the TSX Venture Exchange and trade under the symbol "CSX.H".
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.
Clean Seed’s SMART Seeder technologies are revolutionary seeding tools that utilize the unique synergy of sophisticated electronic metering and intuitive software control putting row-by-row 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 info@cleanseedcapital.com and visit our website at www.cleanseedcapital.com .
Neither the TSX Venture Exchange, the NEX nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release is not an offer or a solicitation of an offer of securities for sale in the United States. The common shares of Clean Seed Capital Group Ltd. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
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