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Bullboard - Stock Discussion Forum Affinor Growers Inc C.AFI

Alternate Symbol(s):  RSSFF

Affinor Growers Inc. is a Canada-based vertical farming technology company. The Company is a patented technology developer and supplier of turnkey vertical farming facilities, including greenhouse, growing towers, automation and cultivation processes. It has designed and developed the vertical farming tower for soil-based growing for strawberry production. The Company has vertically integrated... see more

CSE:AFI - Post Discussion

Affinor Growers Inc > 20 Cent Placement__Repriced to 15__Now Repriced to 8 Cents !
View:
Post by Red_Deer on Jan 25, 2024 3:31pm

20 Cent Placement__Repriced to 15__Now Repriced to 8 Cents !

WoWee__Is THIS a GONG SHOW of EPIC Porportions eh !!!!!!!!

First Nicky has NEVER Revealed in the Financials HOW MUCH REVENUE did
he GET From the MUCH HYPED StrawBerry Grow Op and SALE

Nicky is ALSO NOW Facing the DECISION by End of February by the BC Securities
Commission on his CULPABILITY as CEO in the InFamous BRIDGEMARK Scandal

And NOW Nicky Comes OUT With This DISASTEROUS__HIGHLY DILUTIVE
Financing__Which HAD to Be RePRICED 3 TIMES__JUST to PAY OFF a
$620K so Called ""DEBT""

WHAT the HECK Should WE ALL EXPECT NEXT eh !!!!!!!! ??????



AFFINOR GROWERS ANNOUNCES FURTHER REVISED
TERMS OF UNIT FINANCING
 
VANCOUVER, British Columbia, January 24, 2024

Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI; OTCQB: RSSFF) announces, further to its news release on January 9, 2024 and January 16, 2024, that the Company has revised the terms of its previously announced non-brokered private placement. The Company will now be conducting a non-brokered private placement of up to 12,500,000 units of the Company (“Units”) at a price of $0.08 per Unit for gross proceeds of up to $1,000,000 (the “Offering”).

A significant portion of the Offering, approximately $620,000, is anticipated to be the distribution of Units in settlement of existing debt. Each Unit will consist of one common share in the capital of the Company (a “Share”) and one Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to acquire one additional Share (a “Warrant Share”) at a price of $0.10 per Warrant Share for a period of 24 months from the date of distribution.
 
The Company intends to use the net proceeds from the Offering for the production and development of strawberries. Closing of the Offering is expected to occur as soon as practicable and may occur in one or more tranches.
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