22:02:52 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



Affinor Growers Inc (2)
Symbol AFI
Shares Issued 36,626,026
Close 2025-05-20 C$ 0.06
Market Cap C$ 2,197,562
Recent Sedar+ Documents

Affinor closes $38,500 first tranche of placement

2025-05-21 17:32 ET - News Release

Mr. Nick Brusatore reports

AFFINOR GROWERS ANNOUNCES CLOSING OF FIRST TRANCHE OF UNIT FINANCING

Further to the news release dated April 30, 2025, Affinor Growers Inc. has completed a first tranche of its non-brokered private placement of 700,000 units of the company at a price of 5.5 cents per unit for gross proceeds of $38,500. 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 eight 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 installation of all required for the new six-level production towers for the development of strawberries.

In connection with the first tranche, the company paid cash finders' fees in the amount of $3,850 to eligible finders and issued the same finders a total of 70,000 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 eight cents per share.

All securities issued in connection with the offering are subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable Canadian securities laws.

About Affinor Growers Inc.

Affinor is a publicly traded company listed on the Canadian Securities Exchange under the symbol AFI and on the OTC Pink 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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