04:10:21 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



Affinor Growers Inc (2)
Symbol AFI
Shares Issued 22,146,362
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Affinor Growers enters tentative class settlement

2023-08-16 17:39 ET - News Release

Subject: Affinor Growers Inc. - News Release Word Document File: '\\swfile\EmailIn\20230816 143138 Attachment Affinor - News Release - Settlement Agreement.DOCX' LEGAL_42064942.1 AFFINOR GROWERS ENTERS INTO SETTLEMENT AGREEMENT IN CLASS ACTION PROCEEDINGS VANCOUVER, British Columbia, August 16, 2023 (GLOBE NEWSWIRE) -- Affinor Growers Inc. ("Affinor" or the "Company") (CSE: AFI; OTCQB: RSSFF) announces that, further to its news release dated August 2, 2019, is has entered into a settlement agreement (the "Settlement Agreement") with the class plaintiffs of the putative class proceedings, Tietz and others v. Bridgemark Financial and others, filed against it and two officers of the Company in 2019. The completion of the settlement as contemplated by the Settlement Agreement, is subject to the approval of the B.C. Supreme Court. Details of the settlement will be released in connection with the court approval process. About Affinor Affinor is a publicly traded company listed on the CSE under the symbol "AFI" and on the OTCQB under the symbol "RSSFF". Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner. To learn more about Affinor, visit: www.affinorgrowers.com On behalf of the Board of Directors, Affinor Growers Inc. Nick Brusatore Director /CEO nick@affinorgrowers.com Tel: 604-356-0411 Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. CAUTION REGARDING FORWARD-LOOKING INFORMATION This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the words "will", "intends", "expects" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.

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