Subject: AFI News Release
PDF Document
File: Attachment 2026 09 10 - AFI - News Release Announcing Closing of Shares for Debt Settlement.pdf
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
AFFINOR GROWERS CLOSES DEBT SETTLEMENT
VANCOUVER, British Columbia, September 10, 2026 - Affinor Growers Inc. ("Affinor" or the
"Company") (CSE: AFI) (OTC PINK: RSSFF) announces that further to its news release dated June 11,
2026 it has closed the debt settlement with a Karim Mohamedani (the "Creditor") to settle an aggregate of
$20,376.99 in debt (the "Debt"). In settlement of the Debt, the Company issued 407,540 common shares in
the capital of the Company (the "Settlement Shares") to the Creditor at a deemed price of $0.05 per
Settlement Share. The Settlement Shares are subject to a hold period of four months and one day in
accordance with applicable securities laws.
The issuance of Settlement Shares to Mr. Mohamedani 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 valuation requirement and minority approval
pursuant to subsection 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as the securities do not represent
more than 25% of the Company's market capitalization, as determined in accordance with MI 61-101.
About Affinor
Affinor is a publicly traded company listed on the CSE 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.
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
The securities of the Company referred to in this news release 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. Accordingly, the securities of the Company may not be offered or sold within the United States unless
registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from
the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release
does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any
jurisdiction in which such offer, solicitation or sale would be unlawful.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release includes certain statements that may be deemed "forward-looking statements". All
statements in this news release, other than statements of historical facts, that address events or developments
that the Company expects to occur, are forward-looking statements. Forward-looking statements are
statements that are not historical facts and are generally, but not always, identified by the words "expects",
"plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar
expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although
the Company believes the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance and actual results may
differ materially from those in the forward- looking statements. Factors that could cause the actual results
to differ materially from those in forward- looking statements include required market prices, continued
availability of capital and financing, and general economic, market or business conditions. Investors are
cautioned that any such statements are not guarantees of future performance and actual results or
developments may differ materially from those projected in the forward-looking statements. Forward-
looking statements are based on the beliefs, estimates and opinions of the Company's management on the
date the statements are made. Except as required by applicable securities laws, the Company undertakes
no obligation to update these forward- looking statements in the event that management's beliefs, estimates
or opinions, or other factors, should change.
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