Mr. Nick Brusatore reports

AFFINOR GROWERS ANNOUNCES CLOSING OF UNIT FINANCING

Affinor Growers Inc., further to its news release dated April 26, 2024, has completed a non-brokered private placement of 700,000 units of the company at a price of seven cents per unit for gross proceeds of $49,000. Each Unit consists of one common share in the capital of the Company (a "Share") and one Share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to acquire one additional Share (a "Warrant Share") at a price of $0.10 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 finder's fees in the amount of $3,920 to eligible finders.

The sole subscriber in the Offering was a corporation wholly-owned by a shareholder of the Company who beneficially owns more than 10% of the Company's issued and outstanding shares (the "Insider"). The Insider's participation in the Offering constitutes a "related party transaction" as defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions ("MI 61-101"). The Company is relying on the exemption from the valuation requirement and minority approval pursuant to subsection 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, for the Insider's participation in the Offering, as the value of the Units subscribed for do not represent more than 25% of the Company's market capitalization, as determined in accordance with MI 61-101.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful. Such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and, accordingly, may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as those terms are defined in Regulation S under the U.S. Securities Act) absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

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.

We seek Safe Harbor.