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Clean Seed Capital ( ($TSE:CSX.H) ) just unveiled an update.
Clean Seed Capital Group Ltd. has completed a non-brokered private placement, raising $1,250,000 through the issuance of 12,500,000 units, each consisting of one common share and one share purchase warrant. The funds will be used for working capital, inventory purchase, and debt reduction, while a shares-for-debt transaction will settle $250,000 of non-cash payables. This financial maneuvering is expected to strengthen Clean Seed’s operational capabilities and support its strategic initiatives in the agricultural technology sector.
More about Clean Seed Capital
Clean Seed Capital Group Ltd. is an agricultural technology company focused on commercializing its SMART Seeder™ technologies, which aim to enhance sustainable farming by reducing fertilizer usage and improving crop performance. The company is partnered with Mahindra, the world’s largest tractor manufacturer, to facilitate global market penetration.
Average Trading Volume: 46,799
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$8.08M
Find detailed analytics on CSX.H stock on TipRanks’ Stock Analysis page.