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Affinor Growers Inc C.AFI

Alternate Symbol(s):  RSSFF

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

Post by Red_Deeron Jan 25, 2024 3:31pm
170 Views
Post# 35845725

20 Cent Placement__Repriced to 15__Now Repriced to 8 Cents !

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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