Hendrick Seeds Inc.
11451 Cameron Rd,
Inkerman, ON,
K0E 1J0

Tel: 613-989-5400
Fax: 613-989-2200 Canada

Atlantic Canada Innovation Fund announces support

03/14/11

“The announcement was made by the Honourable Gail Shea, Minister of Fisheries and Oceans, on behalf of the Honourable Keith Ashfield, Minister of National Revenue, Minister of the Atlantic Canada Opportunities Agency (ACOA) and Minister for the Atlantic Gateway, while touring MDS Coating Technologies Corporation (MCT) in Charlottetown on March 14, 2010.”

“Hendrick Agri-Foods Inc. and Hendrick Seeds Inc. (Murray River) Project: Commercialization of Genomics Based Oilseeds Hendrick Agri-Foods Inc. and Hendrick Seeds Inc. will employ advanced scientific techniques to identify genetic markers in soybeans. These markers will be used to develop non-genetically modified (non-GMO) soybeans varieties that will improve quality and yield when grown in the Atlantic Canadian climate and have nutritional benefits that target demand in Europe and Japan. This project, with total estimated costs of $5 million, will receive approximately $2.7 million from the Atlantic Innovation Fund over a five- year period.”

Official Announcement.