Affinor Growers Inc C.AFI

Alternate Symbol(s): RSSFF

Industrials

Affinor Growers Inc. is a Canada-based vertical farming technology and greenhouse operations company. The Company is a patented technology developer and supplier of turnkey vertical farming facilities, including proprietary greenhouse, growing towers, automation and cultivation processes. It is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner. The Company has vertically integrated growing systems that can offer automated mechanical pollination for fruiting crops and vertical solutions for the vertical farming industry. It has an expansion plan to grow strawberries, romaine lettuce, kale and spinach across Western Canada. It is growing strawberries at four levels in a 15,000 square foot leased greenhouse in Abbotsford, British Columbia. It has developed and patented its own growing towers in Canada, the United States, Colombia and Aruba.

CSE:AFI - Post by User

Affinor Growers Inc > $$$$$$$$$$,,,,,,,,,NEWS,,,,,,,,,,,,$$$$$$$$$$$

<< Previous

Bullboard Posts

Next >>

Comment by Red_Deeron Jan 17, 2022 1:18pm

79 Views

Post# 34325077

RE:$$$$$$$$$$,,,,,,,,,NEWS,,,,,,,,,,,,$$$$$$$$$$$

Red_Deer wrote: Now THIS IS Truly a ""PRIVATE"" Private Placement eh !!!!!!!!__as there WAS NO PRIOR Announcement of IT as PER NORMAL PROTOCOLs

VANCOUVER, British Columbia, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) is pleased to announce that the Company has closed a non-brokered private placement of 10,430,005 units of the Company (the “Units”) at a price of $0.035 per Unit for gross proceeds of $365,050.18 (the “Offering”).

Each Unit consists of one common share in the capital of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire one additional Share (a “Warrant Share”) at a price of $0.05 per Warrant Share, on or before January 14, 2024.

The Company intends to use the proceeds from the Offering to finalize its greenhouse operations and begin building the permitting newly designed Atlantis greenhouse to further increase its strawberry production in 2022.

All securities issued in the Offering are subject to a four-month hold period expiring on May 15, 2022.