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Affinor Growers (CSE:AFI) to become first on CSE, OTC to accommodate crypto private placement

Agriculture, Market News
CSE:AFI
20 April 2021 16:00 (EDT)

Affinor Growers (AFI) will become the first CSE and OTC-listed company to accommodate a private placement with cryptocurrency.

The company will accept payments for licensing and building facilities globally at deposit date prices in Bitcoin, Dogecoin, Stablecoin and others determined to follow SEC and IIROC regulations.

Affinor will accept Bitcoin by direct transfer into the domain wallet ‘affinor.crypto’.

The company will convert the cryptocurrency into legal tender upon completion of the private placement.

Affinor believes cryptocurrency will help less fortunate economies create sustainable growth like wealthier nations, as well as facilitate technology transfer, sustainable food and cannabis production, and increased employment and education in clean agriculture technology.

The company joins the ranks of Tesla and Amazon in accepting Bitcoin as payment.

Nick Brusatore, Affinor’s CEO, commented,

“I am absolutely thrilled Affinor Growers will be the first on the CSE to accept Bitcoin. We plan to move as fast as we can to take advantage of the glut of capital sitting in unused crypto profits, and blaze the trail in the cleantech vertical farming space worldwide.”

Affinor Growers develops vertical farming technologies to grow fruits, vegetables and cannabis in a sustainable manner.

Affinor Growers (AFI) is trading flat at C$0.04 per share as of 1:24 pm ET.

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