Tuesday, April 07, 2020

#Solar #Stock News: SinglePoint (OTCQB: $SING) Direct Solar rapidly expands national footprint, now covering 25 states, increasing residential solar coverage adding 9 (nine) additional states since implementing Virtual Solar Sales Platform

#Solar #Stock News: SinglePoint (OTCQB: $SING) Direct Solar rapidly expands national footprint, now covering 25 states, increasing residential solar coverage adding 9 (nine) additional states since implementing Virtual Solar Sales Platform

Virtual Solar Sales Platform successfully utilized to garner Sales, reducing and/or eliminating the sales cycle that primarily utilized in-person, in-home contact in a proactive response to COVID-19 safety precautions for our customers and employees. Battery Storage and Disaster preparedness continue to help drive consumer purchasing decisions



Phoenix, Arizona - April 7, 2020 (Investorideas.com Newswire) SinglePoint Inc. (OTCQB: SING) subsidiary Direct Solar America, a leading solar brokerage solution, has added 9 additional states, Colorado, New Mexico, Wisconsin, Minnesota, Pennsylvania, Georgia, South Carolina, New Jersey, and Connecticut since it recently repositioned it's salesforce to leverage technology platforms that enable the Company to initiate and close a solar transaction utilizing remote and virtual solar sales professionals. Shifting to a virtual sales force has been a primary focus of management since the acquisition of the company by SinglePoint in May 2019, as we believe that the ability to book sales without an in-home visit is an additional differentiator and competitive advantage in the industry where door-to-door sales of residential solar had been the common practice.





Unprecedented market conditions and temporary in-person safety concerns due to the global COVID-19 virus accelerated our timeline and adoption of this initiative. In the first week the company has closed multiple residential deals and continues to build a pipeline of homeowners interested in lessening their environmental impact while saving money by going solar. We have also seen an increase in homeowners concerned with disaster preparedness through solar and battery backup to ensure that they have access to power at home regardless of existing conditions. Home batteries store solar power so that customers can avoid expensive time-based utility rates and keep a home powered up during an outage, which solar by itself cannot do. Heightened consumer interest in clean backup power, following a wave of wildfire-related blackouts in California, spurred residential storage to its biggest-ever quarter at the close of 2019, when the industry installed 40.4 megawatts, according to data from Wood Mackenzie and the Energy Storage Association.

Direct Solar America now operates in 25 states. Partnering with top contractors across the nation has provided the company the ability to scale quickly and provide homeowners with the information needed to make an educated decision on going solar. From education to installation Direct Solar America works with our homeowners throughout the entire process.

"The Direct Solar America management team did a great job re-positioning the company quickly in these uncertain times. Across various industries, companies are being forced to transform and adapt critical components of their business model to accommodate social and physical distancing due to COVID-19, scrambling to implement solutions that allow them to continue to operate. We are fortunate that we had identified this as a strategic need at the acquisition and the foresight to begin working on implementing this type of solution. We are encouraged that we have been able to retain most of our top sales professionals and can now give them the tools to succeed in virtual sales. Ultimately we believe this is a significant improvement in the process and will continue to drive the company to new levels in the future", states Greg Lambrecht CEO SinglePoint.

To set an appointment call 844-830-1615 or visit https://directsolaramerica.com/appointment/

Our online solar process is a place for homeowners to feel comfortable and enjoy a no pressure sales environment. We look to educate homeowners on the available options in their local area encompassing product, installation and financing. We work with licensed, vetted contractors in multiple states and leverage that expertise to help homeowners make the best choice that brings the best value when selecting a solar system.
Direct Solar America is currently bringing on additional virtual agents. If you are interested in setting appointments or selling solar please contact 844-830-1615 and ask how you can start selling solar with Direct Solar America.

Recently announced SinglePoint Highlights
·        Full Year Revenue increased 189% to a record $3,343,833 million
·        Full Year Gross profit increased 269% to a record $990,777 thousand
·        Repaid Convertible note payable to investor (the "CVP Note") dated October 10, 2017
·        Launched Klen Hands - Hemp Seed Oil Infused Hand Sanitizer on March 13, 2020

About SinglePoint, Inc.
Founded in 2011 SinglePoint, Inc (OTCQB: SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand.

Connect on social media at:
For more information visit: www.SinglePoint.com

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Corporate Communication
SinglePoint Inc.
888-OTC-SING
investors@SinglePoint.com
SinglePoint.com



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Monday, April 06, 2020

Cleantech and #ClimateChange #Podcast - Senior Attorney with Center for Biological Diversity Discusses Environmental Impact of Government Funding TC Energy (NYSE: $TRP) Keystone XL Pipeline


 Cleantech and #ClimateChange #Podcast - Senior Attorney with Center for Biological Diversity Discusses Environmental Impact of Government Funding TC Energy (NYSE: $TRP) Keystone XL Pipeline



Point Roberts WA, Delta BC, April 6, 2020  – (Investorideas.com Newswire) -Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.comissues today’s edition of the Cleantech and Climate Change Podcast, talking about today's problems and solutions for the future.

Listen to the Podcast:


Podcast host: Dawn Van Zant, founder of Investorideas.com

Today  Investorideas.com is talking to Jared Margolis, Senior Attorney with the  Endangered Species Program  for the Center for Biological Diversity, discussing  Alberta’s Premier, Jason Kenny and his  recent announcement of financial investment and support for the Keystone XL pipeline  with TC Energy Corporation (NYSE:TRP) and the potential environmental consequences of such actions 

TC Energy announced on March 31 that it will proceed with construction of the Keystone XL Pipeline Project resulting in an investment of approximately US$8.0 billion into the North American economy.

Margolis says, looking at the current global pandemic, “The response to the coronavirus has been unprecedented. While the world is seeing this as something we need to deal with right away and taking actions, why are we not taking the same actions with climate change?”

“The coronavirus has economic impacts but it’s a time where we should be looking for solutions for climate change, a potentially large catastrophe. In 2020 the WEF ranked climate change as the biggest risk to the economy and society. “

“I think when people start making the connection between climate and health, then hopefully they will see there has to be some changes.”
Following the interview with Jared Margolis on April 1st,  on April 2nd the Edmonton Journal reported “ Alberta’s UCP government has suspended environmental reporting requirements during the COVID-19 pandemic with ministerial orders signed by Environment Minister Jason Nixon Tuesday.”
“For three months, industry does not need to report as required under the Environmental Protection and Enhancement Act, the Water Act and the Public Lands Act — with the exception of drinking water and wastewater facilities.”

If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following fuel cell stocks we do have a directory of publicly traded stocks – visit https://www.investorideas.com/membership/  to learn more

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.


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Visit the Cleantech and Climate Change Podcast page at Investorideas.com

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .
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#Agtech / #SustainableAgriculture #Stocks – Growth in Investment During #Coronavirus Pandemic (TSXV: $CSX.V) (NYSE: $AVD) (NYSE: $NTR) (TSX: $NTR.TO), (NYSE: $DIET) (NASDAQ: $BYND)


#Agtech / #SustainableAgriculture #Stocks – Growth in Investment During #Coronavirus Pandemic (TSXV: $CSX.V) (NYSE: $AVD) (NYSE: $NTR) (TSX: $NTR.TO), (NYSE: $DIET) (NASDAQ: $BYND)


Point Roberts WA, Delta BC  April 6,  2020 -Investorideas.com, a leading investor news resource releases a sustainable agriculture snapshot featuring Vancouver-based Clean Seed Capital Group Ltd. (TSX-V: CSX).


The sustainable agriculture and agtech sectors are seeing an influx of investment and support in the face of the coronavirus pandemic as the future of food supplies and how we grow food is being scrutinized.  

According to an article in TechAccel, Stunning growth in Ag Biotech Market investments, “Two years ago, we shared a map of the Ag Biotech Market that showed 245 startups working in plant and animal biotechnology. Since that original map, we’ve continued to track the market and, this year found a stunning doubling of investment dollars – $6.9 billion across 385 companies, compared to $3.4 billion in 245 companies in 2017. This investment is robust, despite the protracted negative agricultural cycle and massive impacts from trade tariffs.”

In a recent press release from Agriculture and Agri-Food Canada, Marie-Claude Bibeau, Minister said, while talking about a  federal investment of $560,000 for the CFA to develop the Canadian Agri-Food Sustainability Initiative: More and more, customers of Canada's high-quality food want to know that their food was produced ethically, with a minimized impact on the environment. Canada's farmers and processors are already leaders when it comes to the use of more green technologies and practices in our food production. This new initiative is an important tool to tell our story and build consumers trust for our producers."

Clean Seed Capital Group Ltd. (TSX-V: CSX) an agtech innovator and creater of the world’s first true variable-rate smart seeding technology, the SMART Seeder™,  recently made headlines in the sustainable agriculture sector. 

Clean Seed just announced a US $5M strategic license and investment agreement with US based AMVAC Chemical Corporation (“AMVAC”), a subsidiary of American Vanguard Corporation (NYSE: AVD).  ( News from AVD)

Graeme Lempriere, Chief Executive Officer and Chairman of Clean Seed states “Our aligned objectives, to deliver sustainable meaningful results for the agricultural sector through the precise application and control of inputs, are rooted in the stewardship of our soil structure. AMVAC’s leadership in the chemical business and Clean Seed’s cutting edge leadership in the multi product delivery systems and related SMART Seeder™ and SMART Planter™ technologies assures a mutually beneficial relationship that strengthens our collective efforts and protects our product offerings. It has been a pleasure working with this likeminded group. I am also delighted to welcome Dr. Ulrich (Bob) Trogele, PhD to our Board of Directors and look forward to collaborating with him and the AMVAC teams on multiple levels as we share in the drive for industry leadership and innovation.”

From the news: Founded in 1969, American Vanguard has five decades of sustainable, responsible growth. AMVAC delivers unique solutions for the broad array of challenges to enhance agricultural productivity and safeguard public health. AMVAC has earned a place among the world’s top specialty chemical providers in the world, with businesses in USA, Mexico, Central and Latin America, Europe, Brazil, Australia and Canada.

AMVAC is also recognized as an industry leader in closed delivery systems, like its SmartBox® closed delivery application system, which serves to reduce risk of exposure to users and applicators. Building on that expertise, AMVAC has developed a more advanced system called SIMPAS (Smart Integrated Multiproduct Prescriptive Application System). AMVAC’s patented SIMPAS system enables simultaneous variable precision rate application of multiple crop protection and nutritional inputs to maximize harvest yield, minimize grower costs, optimize soil health and benefit environmental sustainability.  This precision application of crop input segment runs parallel with Clean Seed’s patented development of its ground-breaking highly advanced SMART seeding and SMART planting technologies, creating a symbiotic opportunity for both parties.  

As part of this relationship Clean Seed will license AMVAC certain intellectual property rights for a US$2,500,000 upfront fee and an ongoing royalty of certain delivery systems.  Clean Seed will provide ongoing development support as the parties may mutually agree to for future growth and diversification opportunities.

AMVAC will also be investing an additional US$2,500,000 through the purchase of 6,250,000 common shares of the Company at a price of US$0.40 per share (the “Offering”), bringing the total up-front investment to US$5,000,000.

Clean Seed, bringing agtech to sustainable agriculture says on its website,  “Today, everything has advanced, just look at your new tablet, laptop and cellphone and it is clear, ‘things have changed.’ Clean Seed is at the forefront of the digital age of agriculture and is clearly focused on facilitating progress for the farmer and global food production as a whole.”

Nutrien Ltd. (NYSE: NTR) (TSX: NTR.TO), the world's largest provider of crop inputs and services, playing a critical role in helping growers increase food production in a sustainable manner, is optimistic about the coming season as other sectors face downsizing.

Nutrien recently announced that it continues to expect solid demand for crop inputs for the coming spring season and that its facilities continue to operate given its business is deemed an essential service by governments. Nutrien also announced that its annual meeting of shareholders will be held on Wednesday, May 6, 2020 at 5:30 p.m. (Eastern Time). This year, to proactively deal with the public health impact of COVID-19, Nutrien will hold the meeting in a virtual only format via live online webcast.

"Nutrien continues to expect solid demand for crop inputs for the spring season, despite some recent wet weather in the US, which has caused modest delays in field activity in some regions of the country. Our business is deemed essential by governments around the world, which underscores the criticality of the agriculture sector. Our facilities have continued to operate, under enhanced safety protocols, in order to ensure growers globally have the products and solutions they need to maximize crop production. Nutrien has a strong balance sheet, stable dividend and ample access to liquidity as we enter our peak period of demand," commented Chuck Magro, Nutrien’s President and CEO.

Reflecting the future of the sector was news of  the  launch of The Defiance Next Gen Food and Agriculture ETF (NYSE: DIET) late last year.

From the news: The DIET ETF provides exposure to companies that are focused on technologies like alternative plant-based sources of meat, such as Beyond Meat (NASDAQ: BYND), seed modification, sustainable farming and irrigation techniques.

 “One of the most important challenges facing the world right now is finding ways to massively increase global food supply in a way that also manages environmental impacts and meets the needs of an increasingly health-conscious consumer,” said Paul Dellaquila, President of Defiance ETFs.

GreenBIZ reported, “Amid the white noise of COVID-19 pandemic coverage last week, news about the $80 million funding round for alternative protein company Nature’s Fynd offered a bright beacon of positivity. While the financing revelation was delayed a week because of the crisis, the sizeable round extends the steady growth of funding for this particular niche of the overall agtech space.”

Agtech and sustainable agriculture are the wave of the future and not only in the face of the coronavirus pandemic but also as an ally in the fight against climate change moving forward.

Research more agriculture stocks at Investorideas.com stock directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring Clean Seed Capital Group Ltd.  is a paid for news release on Investorideas.com (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Friday, April 03, 2020

Breaking #Agriculture News; #Agtech Stock Clean Seed Capital Group (TSXV: $CSX.V) closes US$5M Strategic Agreement with American Vanguard Company (NYSE: $AVD)


Breaking #Agriculture News; #Agtech Stock Clean Seed Capital Group (TSXV: $CSX.V) closes US$5M Strategic Agreement with American Vanguard Company (NYSE: $AVD)

April 3, 2020 - Vancouver, British Columbia – (Investorideas.com Newswire) Clean Seed Capital Group Ltd. (“Clean Seed” or the “Company”) (TSX-V: CSX) is pleased to announce it has closed a strategic license and investment agreement with US based AMVAC Chemical Corporation (“AMVAC”), a subsidiary of American Vanguard Corporation (NYSE: AVD).


Founded in 1969, American Vanguard has five decades of sustainable, responsible growth. AMVAC delivers unique solutions for the broad array of challenges to enhance agricultural productivity and safeguard public health. AMVAC has earned a place among the world’s top specialty chemical providers in the world, with businesses in USA, Mexico, Central and Latin America, Europe, Brazil, Australia and Canada.

AMVAC is also recognized as an industry leader in closed delivery systems, like its SmartBox® closed delivery application system, which serves to reduce risk of exposure to users and applicators. Building on that expertise, AMVAC has developed a more advanced system called SIMPAS (Smart Integrated Multiproduct Prescriptive Application System). AMVAC’s patented SIMPAS system enables simultaneous variable precision rate application of multiple crop protection and nutritional inputs to maximize harvest yield, minimize grower costs, optimize soil health and benefit environmental sustainability.  This precision application of crop input segment runs parallel with Clean Seed’s patented development of its ground-breaking highly advanced SMART seeding and SMART planting technologies, creating a symbiotic opportunity for both parties.  

As part of this relationship Clean Seed will license AMVAC certain intellectual property rights for a US$2,500,000 upfront fee and an ongoing royalty of certain delivery systems.  Clean Seed will provide ongoing development support as the parties may mutually agree to for future growth and diversification opportunities.

AMVAC will also be investing an additional US$2,500,000 through the purchase of 6,250,000 common shares of the Company at a price of US$0.40 per share (the “Offering”), bringing the total up-front investment to US$5,000,000.



Graeme Lempriere, Chief Executive Officer and Chairman of Clean Seed states “Our aligned objectives, to deliver sustainable meaningful results for the agricultural sector through the precise application and control of inputs, are rooted in the stewardship of our soil structure. AMVAC’s leadership in the chemical business and Clean Seed’s cutting edge leadership in the multi product delivery systems and related SMART Seeder and Planting technologies assures a mutually beneficial relationship that strengthens our collective efforts and protects our product offerings. It has been a pleasure working with this likeminded group. I am also delighted to welcome Dr. Ulrich (Bob) Trogele, PhD to our Board of Directors and look forward to collaborating with him and the AMVAC teams on multiple levels as we share in the drive for industry leadership and innovation.”

Dr. Trogele, Chief Operating Officer and Executive Vice President of AMVAC states, “AMVAC is investing into this strategic technology relationship with Clean Seed, leveraging the superior at plant technology of both companies, as they are symbiotic in providing farmers globally with sustainable soil health and precision planting solutions. When combining the multiple functions of Clean Seed’s newest leading edge planter/seeder offering with the multiple precision at plant soil input potential of AMVAC’s SIMPAS system, a grower will have up to eight critical inputs deployable at planting – a precision technology set of capabilities that simply is not presently available to farmers. Further, both companies look forward to collaborating in ways that take advantage of each company’s technology for mutually beneficial business development. The timing is excellent, as we continue to see the precision agriculture application business growing and evolving to meet the changing demands of consumers and society. It’s an honor and pleasure to join the Clean Seed Board of Directors and work with such a talented professional management team to bring innovation into the Agribusiness space.”

Dr. Ulrich (Bob) Trogele, PhD
He has enjoyed a 34-year leadership career in Agribusiness, working for “large caps” such as Hoechst, Aventis and Bayer, and “mid-caps” such as Schering and FMC. He has working experience and knowledge in Europe, Asia and the Americas at all levels of Agribusiness (chemical, nutrient, seed and precision agriculture). In addition, he has worked at the country, regional and corporate general management level. Further, Dr. Trogele has been an Adjunct Professor at the Berlin School of Economics & Law for over 20 years, educating MBA’s as future leaders in global business and society.

Dr. Trogele is past Vice Chair & Treasurer of Crop Life of America, past executive board member & Treasurer of the Agricultural Retailer Association, past board member of RISE, and past member of a number of industry associations in Germany, Denmark, and Ireland. Currently, he is the Treasurer and Board Member of the Crop Life Foundation, is an active board member of the Agricultural Retailer Association and Farm Journal Foundation.



The Offering
The Company did not incur any finder’s fees in connection with the Offering. The Company intends to use the proceeds of the Offering for its contribution in introducing the SMART Seeder MAX-S™, its related development activities and general working capital.

Closing of the Offering is subject to approval of the TSX Venture Exchange (the “TSX-V”).  All securities issued will be subject to a regulatory hold period of four months and a day in accordance with the rules and policies of the TSX-V and applicable Canadian securities laws, and such other further restrictions as may apply under foreign securities laws.

ON BEHALF OF THE BOARD
“Graeme Lempriere”
Chief Executive Officer 


About Clean Seed Capital Group Ltd.
The common shares of Clean Seed Capital Group Ltd. are listed on the TSX Venture Exchange and trade under the symbol "CSX".

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 a 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 604-566-9895 and visit our website at http://www.cleanseedcapital.com. 

Neither the TSX Venture Exchange nor its 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 news 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.



CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release includes certain “forward-looking statements” as defined under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Specifically, there is no assurance the Offering will complete on the basis as outlined, or at all; or that the Company’s use of proceeds will not vary from that outlined above.  Clean Seed disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Paid news disclosure: Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Disclosure this news featuring Clean Seed Capital Group Ltd is a paid for news release on Investorideas.com .Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy:




Thursday, April 02, 2020

#ESG/ #Ag #Stock News- Clean Seed Capital Group (TSXV: $CSX.V) closes US$5M Strategic Agreement with US based AMVAC, an American Vanguard Company (NYSE: $AVD); @SmartSeeder


#ESG/ #Ag #Stock News- Clean Seed Capital Group (TSXV: $CSX.V) closes US$5M Strategic Agreement with US based AMVAC, an American Vanguard Company (NYSE: $AVD); @SmartSeeder


April 2, 2020 - Vancouver, British Columbia – (Investorideas.com Newswire) Clean Seed Capital Group Ltd. (“Clean Seed” or the “Company”) (TSX-V: CSX) is pleased to announce it has closed a strategic license and investment agreement with US based AMVAC Chemical Corporation (“AMVAC”), a subsidiary of American Vanguard Corporation (NYSE: AVD).


Founded in 1969, American Vanguard has five decades of sustainable, responsible growth. AMVAC delivers unique solutions for the broad array of challenges to enhance agricultural productivity and safeguard public health. AMVAC has earned a place among the world’s top specialty chemical providers in the world, with businesses in USA, Mexico, Central and Latin America, Europe, Brazil, Australia and Canada.

AMVAC is also recognized as an industry leader in closed delivery systems, like its SmartBox® closed delivery application system, which serves to reduce risk of exposure to users and applicators. Building on that expertise, AMVAC has developed a more advanced system called SIMPAS (Smart Integrated Multiproduct Prescriptive Application System). AMVAC’s patented SIMPAS system enables simultaneous variable precision rate application of multiple crop protection and nutritional inputs to maximize harvest yield, minimize grower costs, optimize soil health and benefit environmental sustainability.  This precision application of crop input segment runs parallel with Clean Seed’s patented development of its ground-breaking highly advanced SMART seeding and SMART planting technologies, creating a symbiotic opportunity for both parties.  

As part of this relationship Clean Seed will license AMVAC certain intellectual property rights for a US$2,500,000 upfront fee and an ongoing royalty of certain delivery systems.  Clean Seed will provide ongoing development support as the parties may mutually agree to for future growth and diversification opportunities.

AMVAC will also be investing an additional US$2,500,000 through the purchase of 6,250,000 common shares of the Company at a price of US$0.40 per share (the “Offering”), bringing the total up-front investment to US$5,000,000.



Graeme Lempriere, Chief Executive Officer and Chairman of Clean Seed states “Our aligned objectives, to deliver sustainable meaningful results for the agricultural sector through the precise application and control of inputs, are rooted in the stewardship of our soil structure. AMVAC’s leadership in the chemical business and Clean Seed’s cutting edge leadership in the multi product delivery systems and related SMART Seeder and Planting technologies assures a mutually beneficial relationship that strengthens our collective efforts and protects our product offerings. It has been a pleasure working with this likeminded group. I am also delighted to welcome Dr. Ulrich (Bob) Trogele, PhD to our Board of Directors and look forward to collaborating with him and the AMVAC teams on multiple levels as we share in the drive for industry leadership and innovation.”

Dr. Trogele, Chief Operating Officer and Executive Vice President of AMVAC states, “AMVAC is investing into this strategic technology relationship with Clean Seed, leveraging the superior at plant technology of both companies, as they are symbiotic in providing farmers globally with sustainable soil health and precision planting solutions. When combining the multiple functions of Clean Seed’s newest leading edge planter/seeder offering with the multiple precision at plant soil input potential of AMVAC’s SIMPAS system, a grower will have up to eight critical inputs deployable at planting – a precision technology set of capabilities that simply is not presently available to farmers. Further, both companies look forward to collaborating in ways that take advantage of each company’s technology for mutually beneficial business development. The timing is excellent, as we continue to see the precision agriculture application business growing and evolving to meet the changing demands of consumers and society. It’s an honor and pleasure to join the Clean Seed Board of Directors and work with such a talented professional management team to bring innovation into the Agribusiness space.”

Dr. Ulrich (Bob) Trogele, PhD
He has enjoyed a 34-year leadership career in Agribusiness, working for “large caps” such as Hoechst, Aventis and Bayer, and “mid-caps” such as Schering and FMC. He has working experience and knowledge in Europe, Asia and the Americas at all levels of Agribusiness (chemical, nutrient, seed and precision agriculture). In addition, he has worked at the country, regional and corporate general management level. Further, Dr. Trogele has been an Adjunct Professor at the Berlin School of Economics & Law for over 20 years, educating MBA’s as future leaders in global business and society.

Dr. Trogele is past Vice Chair & Treasurer of Crop Life of America, past executive board member & Treasurer of the Agricultural Retailer Association, past board member of RISE, and past member of a number of industry associations in Germany, Denmark, and Ireland. Currently, he is the Treasurer and Board Member of the Crop Life Foundation, is an active board member of the Agricultural Retailer Association and Farm Journal Foundation.



The Offering
The Company did not incur any finder’s fees in connection with the Offering. The Company intends to use the proceeds of the Offering for its contribution in introducing the SMART Seeder MAX-S™, its related development activities and general working capital.

Closing of the Offering is subject to approval of the TSX Venture Exchange (the “TSX-V”).  All securities issued will be subject to a regulatory hold period of four months and a day in accordance with the rules and policies of the TSX-V and applicable Canadian securities laws, and such other further restrictions as may apply under foreign securities laws.

ON BEHALF OF THE BOARD
“Graeme Lempriere”
Chief Executive Officer 


About Clean Seed Capital Group Ltd.
The common shares of Clean Seed Capital Group Ltd. are listed on the TSX Venture Exchange and trade under the symbol "CSX".

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 a 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 604-566-9895 and visit our website at http://www.cleanseedcapital.com. 

Neither the TSX Venture Exchange nor its 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 news 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.



CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release includes certain “forward-looking statements” as defined under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Specifically, there is no assurance the Offering will complete on the basis as outlined, or at all; or that the Company’s use of proceeds will not vary from that outlined above.  Clean Seed disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.


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