MONTREAL, QUEBEC--(Marketwired - Aug. 1, 2013) - The management of Affinor Resources Inc. ("Affinor" or "Company") (CNSX:AFI) is pleased to announce that is has closed the second tranche a non brokered private placement in the amount of $ 32,500, through the sale of 2,150,000 common shares priced at 0.015 $ each. Approximately 23 % of the common shares were acquired by a related party member of the Company. The Company was granted an exemption to the CNSX minimum price rule.

The Company announces that it has entered into an agreement to satisfy outstanding indebtedness of $ 310,666 by the issuance of 6,213,320 common shares at a deemed price of  $ 0.05 per share. The indebtedness consists of the convertible debenture of $ 295,751 and $ 14,915 accrued interest as of July 31, 2013.

The Company also announces that its board of directors approved the granting of incentive stock options under its stock options plan to its directors to acquire up to an aggregate of 2.5 million common shares. All common shares are exercisable for a period of five years at a price of 10 cents.

About Affinor:

Affinor is a mineral exploration company with interests in various mineral properties in the Province of Quebec and whose objective is to develop mining projects.

Forward looking Statements: The statements contained in this release that describe objectives and expectations, may constitute forward-looking statements within the meaning of securities legislation. The Company cautions that, by their very nature, forward-looking statements involve risks and uncertainties and, therefore, a project or goal could not be achieved.

Neither the CNSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CNSX exchange) accepts responsibility for the adequacy or accuracy of this release.