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Affinor Growers Inc (2)
Symbol AFI
Shares Issued 47,310,458
Close 2026-08-28 C$ 0.04
Market Cap C$ 1,892,418
Recent Sedar+ Documents

Affinor Growers closes $30,000 1st tranche of financing

2026-09-01 16:17 ET - News Release

Mr. Nick Brusatore reports

AFFINOR GROWERS ANNOUNCES CLOSING OF FIRST TRANCHE OF UNIT FINANCING

Further to its news release dated Aug. 10, 2026, Affinor Growers Inc. has completed a first tranche of its non-brokered private placement issuing 750,000 units of the company at a price of four cents per unit for gross proceeds of $30,000. Each unit consists of one common share in the capital of the company and one share purchase warrant. Each warrant will entitle 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 private placement for general working capital purposes.

No finders' fees were paid in connection with the closing of the first tranche.

All securities issued in connection with the private placement will be 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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