17:14:35 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Affinor Growers Inc (2)
Symbol AFI
Shares Issued 34,626,026
Close 2024-03-20 C$ 0.08
Market Cap C$ 2,770,082
Recent Sedar Documents

Affinor closes $65,000 private placement

2024-03-21 16:08 ET - News Release

Mr. Nick Brusatore reports

AFFINOR GROWERS ANNOUNCES CLOSING OF OVERSUBSCRIBED UNIT FINANCING

Further to the news release dated March 14, 2024, Affinor Growers Inc. has completed a non-brokered private placement of 1.3 million units of the company at a price of five cents per unit for gross proceeds of $65,000. Each unit consists of one common share in the capital of the company and one share purchase warrant. Each warrant entitles the holder thereof to acquire one additional share at a price of 10 cents 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 administration fees and the production and development of strawberries.

In connection with the offering, the company paid cash finders' fees in the amount of $6,500 to eligible finders and issued the same finders a total of 130,000 non-transferable share purchase warrants with each finder's warrant exercisable into a share for a period of 24 months from the date of issuance at a price of 10 cents per share.

About Affinor Growers Inc.

Affinor is a publicly traded company listed on the Canadian Securities Exchange 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.

We seek Safe Harbor.

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