Affinor Growers Update on Acquisition of Vancouver Rooftop Assets
(firmenpresse) - MONTREAL, CANADA -- (Marketwired) -- 09/29/14 -- (CSE: AFI)(FRANKFURT: 1AF)(OTCQB: RSSFF) ("Affinor" or the "Corporation) is pleased to announce that, further to its press release dated September 11, 2014, it expects to complete its previously announced acquisition of all the issued and outstanding securities of 0993341 BC Ltd. ("RoofTop"), pursuant to the definitive agreement dated September 11, 2014, in exchange for a cash payment of $500,000 and the issuance of 1,636,363 common share of the Corporation, as soon as the City of Vancouver executes the lease assignment. This unforeseen delay obliged the parties to enter into an amending agreement extending the closing date until October 3, 2014.
The IP from this acquisition is very important to Affinor and will be useful in future development and production aspects in the United States.
About Affinor Growers Inc.
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 . 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.
Contacts:
Sebastien Plouffe
President & CEO
(514) 947-2272
Contact Information, spokesperson
Affinor Growers
Nick Brusatore, Executive Chairman
(604) 356-0411
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 29.09.2014 - 21:33 Uhr
Sprache: Deutsch
News-ID 339784
Anzahl Zeichen: 0
contact information:
Town:
MONTREAL, CANADA
Kategorie:
Farming
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"Affinor Growers Update on Acquisition of Vancouver Rooftop Assets"
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