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Vertical Designs Receives Permits to Build Vertical Farm for Strawberry Production in Abbotsford BC with Affinor Growers Patented Vertical Farming Technology

2016-10-23 21:06 ET - News Release

ABBOTSFORD, BC, Oct. 23, 2016 /PRNewswire/ - Vertical Designs Ltd is very pleased to announce that we have just received our permits to build out what will be one of the most technically advanced facilities producing strawberries in North America under the licence agreement with Affinor Growers a publicly traded company on the CSE:AFI, OTCQB:RSSFF and FRA:1AF. Construction will begin in early 2017 and currently in the process of finalizing purchase orders required to begin construction and ordering the vertical farming equipment.

Vertical Designs has also approved the purchase of Pomphrey Industries Corporations' 25 kW dual axis solar tracker, the largest movable solar power system in the world, to offset strawberry photoperiod energy consumption. In addition, they will be installing an 11 parameter weather station and remote monitoring package to confirm location specific energy requirements for Vertical Designs' 11,320 sqft. Commercial scale facility.  The facility will consist of a minimum of 24 towers purchased from Affinor Growers for roughly $800,000 that will transfer into significant revenue and profits for the project and further royalties' revenue to Affinor Growers under the current licence agreement. Vertical Designs would like to publicly thank the City of Abbotsford for the wonderful assistance by city staff and look forward to working with you to turn Abbotsford into the strawberry hub of Canada.

Amanda Weber Comments: as the largest single shareholder of Affinor Growers and the designers of the growing technology We are 100% committed to this showcase and have no doubt this will be a huge success for the world to see as we only see expansion in the very near future and will likely increase our position in AFI as we move forward.

SOURCE Vertical Designs Ltd.

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