- Affinor (AFI) has appointed a new CFO and will undertake a share consolidation
- The consolidation will be on a 10-1 basis
- Founder and CEO Nick Brusatore will serve as Interim CFO effective immediately
- Brusatore sat down with Coreena Robertson to discuss the news
- Affinor develops vertical farming technologies to grow sustainable fruits and vegetables
- Affinor (AFI) opened trading at C$0.02
Affinor (AFI) has appointed a new CFO and will undertake a share consolidation.
The consolidation will be on the basis of one post-consolidated share for each ten pre-consolidated shares, subject to the approval of the CSE.
After the consolidation, Affinor will have approximately 22,146,362 shares issued and outstanding.
The company is also reporting that Founder and CEO Nick Brusatore will serve as Interim CFO effective immediately. He replaces Sarj Dhaliwal.
Brusatore is a design expert focused on commercial production plants using vertical growing technology. He has over two decades of experience in the space and was nominated for the 2012 award of excellence in Canadian agriculture.
He sat down with Coreena Robertson to discuss the news.
Affinor develops vertical farming technologies to grow sustainable fruits and vegetables. It grows strawberries for local markets out of its 15,000 sq. ft. greenhouse in Abbotsford, B.C.
Affinor (AFI) opened at C$0.02.