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AFI Affinor Growers Inc

0.08
0.005 (6.67%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Affinor Growers Inc CSE:AFI CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.005 6.67% 0.08 0.08 0.085 0.08 0.075 0.075 4,400 16:57:32

Affinor Growers Completes 45-Acre Land and Facilities Acquisition in Quebec to Produce Strawberries

21/07/2014 4:38pm

Marketwired Canada


Affinor Growers (CSE:AFI)(OTCQB:RSSFF)(FRANKFURT:1AF) ("Affinor" or the
"Corporation) has purchased 45 Acres of agriculture property in St-Chrysostome,
Quebec, for $340,000.


An offer has been accepted on the 45 acres of prime land south of Montreal and
Affinor Growers plans to build a state-of-the-art, strawberry-growing facility
in St-Chrysostome, Quebec. 


Sebastien Plouffe, president and CEO, comments: "This acquisition is
strategically perfect for our distribution plans because it's located about 30
minutes from Montreal and only few kilometers from the New-York State Border.
We're proud to be able to build the facitliy in the Province of Quebec renowned
for it's agriculture experts and know-how. The Quebec provincial government has
incentives for investment into agriculture and job creation, and the Affinor
Growers team is excited to explore ways to best collaborate and expand into such
a unique culture in Canada. We will be very proactive to begin construction of
this facility to satisfy our future clients." 


Update on Affinor Growers:

After completion of due diligence, the Affinor Growers board of directors have
decided not to proceed with the LOI signed and announced on June 9, 2014.
Fab-All will still continue to build parts for the Vertical Design equipment as
Fab-All produces excellent, high quality products.


Affinor Growers will also not complete the land acquistion in Saskatchewan and
will instead concentrate it's effort on building a facility in St-Chrysostome,
Quebec and to complete the acquisition of the Vancouver rooftop garden.


About Affinor Growers Inc.

Affinor Growers is a diversified publicly traded company on the Canadian
Securities Exchange under the symbol ("AFI"). Affinor is focused on growing high
quality crops such as romaine lettuce, spinach, strawberries and high quality
medical Marijuana. Affinor is committed to becoming a pre-eminent grower, using
exclusive vertical farming techniques. 




On Behalf of the Board of Directors                                         
AFFINOR GROWERS INC.                                                        
"Sebastien Plouffe"                                                         
President & CEO                                                             



The CSE has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release


FORWARD LOOKING INFORMATION

This News Release contains forward-looking statements. The use of any of the
words "anticipate", "continue", "estimate", "expect", "may", "will", "project",
"should", "believe" and similar expressions are intended to identify
forward-looking statements. Although the Company believes that the expectations
and assumptions on which the forward-looking statements are based are
reasonable, undue reliance should not be placed on the forward-looking
statements because the Company can give no assurance that they will prove to be
correct. Since forward-looking statements address future events and conditions,
by their very nature they involve inherent risks and uncertainties. These
statements speak only as of the date of this News Release. Actual results could
differ materially from those currently anticipated due to a number of factors
and risks including various risk factors discussed in the Company's disclosure
documents which can be found under the Company's profile on www.sedar.com. This
News Release contains "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E the Securities
Exchange Act of 1934, as amended and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Contact Information
Sebastien Plouffe
President & CEO
(514) 947-2272
splouffe@affinorgrowers.com
http://www.affinorgrowers.com/en


Contact Information
Momentum PR Inc
Max Gagne, President
(514) 913-0351
max@momentumpr.com


Contact Information, spokesperson
Vertical Designs Ltd
Nick Brusatore, CEO
(604) 356-0411
nbrusatore@gmail.com

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