VANCOUVER, British Columbia, August 10, 2026 – Affinor Growers Inc. intends to complete a non-brokered private placement of up to five million units of the company at a price of four cents per unit for gross proceeds of up to $200,000. Each unit will consist 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 offering for general working capital purposes.
The company may pay finders’ fees in connection with the offering to eligible arm’s-length finders in accordance with the policies of the Canadian Securities Exchange. All securities issued in connection with the offering 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.
To learn more about Affinor, visit: www.affinorgrowers.com
On behalf of the Board of Directors,
Affinor Growers Inc.
Nick Brusatore Director /CEO
nick@affinorgrowers.com
Tel: 604-356-0411
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements in this news release include, without limitation, statements related to the completion of the Offering and the anticipated use of proceeds therefrom. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.