AFFINOR RESOURCES (RSSFF)

RSSFF
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Affinor Growers is a publicly traded vertical farming technology company on the Canadian Securities Exchange under the symbol AFI and on the US OTCQB under the symbol RSSFF.

Affinor Growers began as Affinor Resources focused on mining projects in Columbia and Canada. Realizing that agriculture will always be a major part of our global economy, it has transitioned into a leading biotechnology company acquiring, patenting and commercializing vertical farming technology for both the indoor controlled environment and outdoor greenhouse agriculture industry. Fresh food organic produce is a $33.8 billion industry and is expected to nearly double by 2020. In continental North America, there are over 17,000 hectares of greenhouse farms*. Affinor is the only company positioned to offer patented vertical farming technology to both the indoor controlled environment and outdoor greenhouse industries. *Update on the North American Greenhouse Vegetable Industry – Farm Credit Canada 2011.

The world’s population has created challenges in food security and pressure on natural resources creating problems that can only be solved through technological advancement. As a practice, traditional farming is not going to disappear, but it is crucial that alternative agricultural practices be devised to alleviate the innate limits of conventional farming methods. As a solution, Affinor Growers Inc. offers patented agricultural technology and proprietary cultivation systems for vertical farming and controlled environment agriculture. Compared to conventional farms, our technology is significantly more efficient in terms of usage of space and reliance on water. Our vertical farming systems also enables products to be grown in soils without the use of pesticides, and free from chemical contaminates. Because it can be implemented virtually anywhere, Affinor’s Vertical Farming systems can serve communities where certain foods are not normally grown or areas suitable for agriculture revitalization.

Mission
To use Affinor’s patented vertical growing technology in an ethical, environmentally friendly and energy efficient way to increase food production, thereby making an economic return for our partners and shareholders.

Vision
Affinor Growers is a vertical farming technology company that is committed to increase agriculture production with proprietary growing and cultivation systems.

Breaking News Arrows

Breaking News

  • Affinor Growers Announces Unsecured Convertible Debenture OfferingNovember 1, 2019Affinor Growers Inc. (the “Company” or “Affinor Growers”) (CSE:AFI, OTC:RSSFF, Frankfurt:1AF) is pleased to announce that it has closed its previously announced non-brokered financing of unsecured convertible debentures (the “Debentures”) in the principal amount of $500,000 (the “Offering” or “Principal Amount”). The Debentures will mature on November 1, 2020 (the “Maturity Date”) that is twelve months from the date of issuance (the “Issue Date”) and bear interest at a rate of 15% per annum, accrued and paid annually, with such interest rate being calculated on the basis of 30 days per month and 360 days per year. Repayment of the Principal Amount, together with the interest accrued but unpaid, will be made on or prior to 5:00 p.m. (Vancouver time), on the Maturity Date.
  • Affinor to Defend Notice of Civil ClaimAugust 2, 2019VANCOUVER, British Columbia, Aug. 02, 2019 — Affinor Growers Inc. (“AFI” or the “Company”) (CSE:AFI, OTC:RSSFF, Frankfurt:1AF) reports that it has been served with a notice of.
  • Acquisition of Manufacturing AssetsApril 18, 2019Affinor Growers Inc. (“AFI” or the “Company”) (CSE:AFI, OTC:RSSFF, Frankfurt:1AF) is very pleased to announce that it has entered into a letter of intent to acquire manufacturing assets that make up the Cobotix Manufacturing Inc.’s (“Cobotix”) business, undertakings and goodwill in Port Coquitlam (the “Acquisition”). The Company and Cobotix will have thirty (30) days to complete the due diligence process and determine a closing date for the Acquisition.  In consideration for the assets, the Company will pay to Cobotix up to $2,900,000, subject to a valuation of the assets (the “Consideration”). The Consideration will be satisfied by certain cash payments and the issuance of up to 38,000,000 common shares (the “Common Shares”) in the capital of the Company at a deemed price of $0.05 per Common Share.
  • Affinor Issues Correction to Press ReleaseFebruary 28, 2019VANCOUVER, British Columbia, Feb. 27, 2019 — Affinor Growers Inc. (“AFI” or the “Company”) (CSE:AFI, OTC:RSSFF, Frankfurt:1AF) issues a correction to the press release issued.
  • Affinor Growers Inc. – Corporate UpdateFebruary 27, 2019Affinor Growers Inc. (“AFI” or the “Company”) (CSE:AFI, OTC:RSSFF, Frankfurt:1AF) is pleased to provide an update on its operations.  Over the past four months, the Company has been working on several fronts in order to broaden the Company’s operations and build a strong foundation for future success.  In doing so, the Company is extremely pleased to announce the development of three new tower designs, two significant agreements, as well as an invitation to the BC Tech Summit 2019 from the BC Ministry of Agriculture in order to showcase our new towers. Since October 2018, the Company has been working aggressively with our manufacturing partner, Cobotix Manufacturing Inc. (“Cobotix”), to develop new tower designs and new technologies.  The result of this work is three new tower designs.  We have a newly designed vertical farming tower for soiled-based growing, a new hydroponic version of the vertical farming tower and a newly designed vertical farming tower that is a hybrid of hydroponic and aeroponic growing.