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.