Gatcliffe has over 20 years of investment banking and capital markets experience at top-tier bank-owned dealers and independent platforms.
READ: Clean Seed Capital Group sees C$2.1M profit in FY2020 thanks to landmark agreement for its SMART Seeder intellectual property
While at BMO, Gatcliffe covered a broad range of diversified companies including consumer and industrial products and was also Group Head for the global coverage of the firm's fertilizers and agriculture practice. He has a broad range of financial and strategic advisory experience to public and private companies including M&A advisory, equity financings, lending, and public debt in North America, Europe, Asia and South America.
"It is my distinct pleasure to welcome Glenn Gatcliffe to our board of directors, Glenn brings a wealth of knowledge and value to Clean Seed as an independent board member," said CEO Graeme Lempriere in a statement. "As we ramp up production and continue to evaluate M&A activities, Glenn will be a valued participant."
Gatcliffe said: "I am delighted to be joining the board at such an exciting time. I have been following Clean Seed for a few years and have been impressed with the industry-leading technology and top caliber management team that has been put in place. I look forward to assisting the Company in becoming a global leader in its sector."
Clean Seed said that Chantal Schutz is stepping down from the board to facilitate the appointment Gatcliffe and to accommodate the expected increased time commitment for her role as Chief Financial Officer and Executive Vice President of mCloud Technologies Corp (CVE:MCLD) (OTCMKT:MCLDF).
"It has been my privilege to serve as an Independent Director at Clean Seed over the last six years. As an organization on the leading edge of agricultural technology, I know the group's brightest days are still to come. I look forward to Clean Seed's continued growth and success," Schutz said.
The company said it has granted Gatcliffe incentive stock options to acquire 200,000 shares of common stock at $0.30 each until December 31, 2023.
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