21:59:16 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



Affinor Growers Inc (2)
Symbol AFI
Shares Issued 36,626,026
Close 2025-06-18 C$ 0.05
Market Cap C$ 1,831,301
Recent Sedar+ Documents

Affinor Growers closes $33,000 2nd tranche of financing

2025-06-19 14:37 ET - News Release

Mr. Nick Brusatore reports

AFFINOR GROWERS ANNOUNCES CLOSING OF SECOND TRANCHE OF UNIT FINANCING

Further to its news releases dated April 30, 2025, and May 21, 2025, Affinor Growers Inc. has completed a second tranche of its non-brokered private placement of 600,003 units of the company at a price of 5.5 cents per unit for gross proceeds of $33,000.15.

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.

An officer of the company (the insider) participated in the second tranche and was issued an aggregate of 327,273 units for gross proceeds of $18,000. The issuance of the units to the insider constitutes a related party transaction, as defined in Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying on the exemption from valuation requirement and minority approval pursuant to subsections 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, the insider's participation does not represent more than 25 per cent of the company's market capitalization, as determined in accordance with MI 61-101.

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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