Mr. Graeme Lempriere reports
Clean Seed Capital Group Ltd. has amended a secured convertible debenture in the principal amount of $300,000, whereby: (i) the maturity date has been changed from Aug. 31, 2027, to Dec. 31, 2026; (ii) the payment schedule has been amended, whereby the principal of $300,000 and unpaid interest of $61,343.73 will be due at maturity; and (iii) all interest that will accrue until maturity will be due at maturity. No additional consideration will be provided for the amendments to the secured convertible debenture. The secured convertible debenture was issued in August, 2022, as announced in the news release dated Aug. 24, 2022.
About Clean Seed Capital Group Ltd.
The common shares of Clean Seed Capital are listed on the NEX branch of the TSX Venture Exchange and trade under the symbol CSX.H.
Clean Seed is a team of innovators and business management professionals with a proven record of game-changing innovation and production of patented agricultural technologies at an incredibly high level. The company prides itself as a progress facilitator that turns 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. Clean Seed's innovations create a new class of highly accurate seeding equipment designed specifically for today's farmer.
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