Vancouver, British Columbia / January 28, 2015 / Clean Seed Capital Group Ltd. (the “Company” or “CSC”) (TSXV: CSX), announces that it has entered into a Distribution Partnership Agreement with Rocky Mountain Dealerships Inc. (“Rocky” or “RME”). Rocky is one of Canada’s largest agriculture and construction equipment dealership networks with branches located throughout Alberta, Saskatchewan, and Manitoba. Over a three year renewable period starting in 2016, Rocky will manage exclusive sales areas with agreed-upon sales commitments for the Company’s CX-6 SMART Seeder.
Rocky’s initial CX-6 order commitments for 2016 delivery are for key locations in Alberta, Saskatchewan, and Manitoba, in preparation for initial sales of 2016 product, as well as spring 2016 demonstrations by RME, with a commitment for all 33 RME agricultural retail locations in Western Canada to sell and demonstrate the CX-6 SMART Seeder starting in 2017 and beyond.
CSC and Rocky will work collaboratively to determine the sales volume commitments and the launch plan of the CX-6 SMART Seeder over the coming months for Rocky’s agricultural retail locations across Western Canada.
Through its dealership network, Rocky sells, rents, and leases new and used agriculture equipment and offers product support and finance to its customers. CSC believes that by partnering with Rocky, the Company’s CX-6 SMART Seeder can be sold into the Western Canadian agricultural seeding equipment market as a leading, high technology, value-added precision seeding unit.
Graeme Lempriere -CEO of the Company stated: “We are delighted that Rocky has agreed to partner with us. We view the CX-6 SMART Seeder as the next generation of seeding technology. The CX-6 SMART Seeder and its unique high definition technology creates an entirely new classification within the large-scale agricultural equipment markets. Rocky is the ideal partner for Clean Seed by providing the respected network and expertise to propel our sales efforts. We look forward to working closely with Rocky in the coming years to roll out our technology across Canada.”
ON BEHALF OF THE BOARD
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer