Financings
News Release
Clean Seed Capital Group Ltd.

Executive Summary
- Jason Schultz and JDS Farms Ltd. filed an early warning report disclosing an increased beneficial ownership stake in Clean Seed Capital Group Ltd. following a subscription for 3,000,000 common shares and 3,000,000 warrants in a recent private placement.
- Upon issuance, the Joint Actors' ownership will increase to 19.8% of outstanding voting shares (24,520,355 shares) and 10,121,000 warrants, with potential dilution impact reaching 25.9% if all warrants are exercised.
- The Joint Actors explicitly stated they have no present intentions to acquire or sell additional securities, change the board or management, alter capitalization or dividend policies, or pursue any corporate transactions or material changes to the company.
- This filing follows the May 29, 2026 announcement of a $605,971 non-brokered private placement at $0.10 per unit, where an insider purchased 3,000,000 units.
- Recent corporate updates include a $420,371 accounts payable restructuring with acceleration triggers tied to future financing milestones ($3M to $6M).
- A strategic partnership with ClimateDoor to launch the Soil and Sky Alliance (SASA) was announced, granting Clean Seed a 25% equity stake and focusing initial deployments in Brazil.
Material Impact
- The insider purchase is a routine follow-up to the previously announced May 29 financing. It confirms insider confidence but does not alter the company's operational trajectory or financial position materially.
- The extreme discount of the private placement ($0.10 per unit versus a current market price of $46.44) indicates severe liquidity distress and will cause significant future dilution upon warrant exercise.
- The accounts payable restructuring provides temporary relief but introduces near-term cash flow risks if the company fails to raise the $3M to $6M required to avoid acceleration.
- The SASA partnership is incremental and aligns with the capital-light expansion strategy, but commercialization timelines remain uncertain.
- Overall, the news is positive for insider alignment but does not mitigate the fundamental going concern risk or the massive warrant overhang.
CSX · Price
Company Overview
- Clean Seed Capital Group Ltd. is a pre-revenue agricultural technology company focused on precision seeding solutions.
- Flagship Project: SMART Seeder MAX and Mini-MAX platforms. The Mini-MAX is a no-till, multi-crop seed drill manufactured by Mahindra & Mahindra.
- The company employs a capital-light global expansion model, leveraging dealer networks in Mexico, Brazil, and India.
- Recent developments include the launch of an Advanced Mini-MAX with electronic singulation and a US patent grant for a bulk transfer delivery system.
- The company aims to graduate to the TSX Venture Exchange and expand distribution into Canada, the United States, and Europe.
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Jun 16, 2026 · 09:00