FarmPure creditors take Pickseed’s offer

Officials from Pickseed were able to provide producers and others “with a greater comfort level” Unsecured creditors of FarmPure Seeds have agreed to take a deal that may see them get back six cents on every dollar they’re owed by the Regina firm. Pickseed, a well-known Ontario forage seed and turf-grass company that plans to

FarmPure /from age 1

the column at left, then click on “FarmPure Seeds Inc.”) Pickseed discovered the depth of FarmPure Seeds’ indebtedness during its due diligence for the purchase of the company’s forage and grass business, Kornuta said in an interview last week. The proposal, she wrote, will allow FarmPure Seeds to be sold as “a going concern with


FarmPure’s creditors to vote on deal

Manitoba seed growers and others owed money by FarmPure Seeds could recoup about six cents on the dollar out of a deal with the company’s proposed new owner. A preliminary list of almost 500 potential unsecured creditors of the Regina seed marketing and distribution company includes over 100 names of Manitobabased businesses and agencies –