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Affinor Growers (CSE:AFI) announces securities for debt transactions

Agriculture
CSE:AFI
03 August 2022 09:00 (EDT)

Source: Affinor Growers Inc.

Affinor Growers (AFI) has announced debt settlement agreements with creditors to settle C$229,355 in debt.

The company will issue a total of 2,293,550 units at a deemed price of $0.10 per unit. Each unit will include one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional share for $0.15 per warrant share for twelve months.

All securities issued are subject to a statutory four-month hold period.

Affinor is focused on developing vertical farming technologies to grow fruits, vegetables, and cannabis in a sustainable manner.

Affinor Growers Inc. (AFI) opened trading at C$0.11.


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