VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 16, 2016) - Affinor Growers (CSE:AFI)(CSE:AFI.CN)(CNSX:AFI)(OTCQB:RSSFF)(FRANKFURT:1AF) ("Affinor" or the "Corporation), a diversified agriculture and biotechnology company with proprietary vertical farming systems, is pleased to announce the results of the Annual General Meeting held November 9, 2016.
The Directors of Affinor including Dr. Alan Boyco, Mr. Brian Whitlock, Mr. David Mack and Mr. Rick Easthom were re-elected for the ensuring year. Mr. Jarrett Malnarick, President and CEO commented that "Affinor is excited to have an experienced and committed board to help execute its goals and long term vision." The shareholders also re-appointed the Company's auditors DeVisser Gray LLP at the meeting. A presentation, including achievements in the prior year and goals and objectives for 2017, was given by the CEO at the meeting. For more information about the board and management team, please visit our website, www.affinorgrowers.com.
Affinor is also pleased to announce that is has received over $500,000 due to the recent exercise of warrants, finders' warrants and options by the Company's early investors. These funds will help Affinor continue to execute its goals and objectives as outlined at the AGM and announced in the shareholders update news release issued on October 14, 2016.
About Affinor Growers Inc.
Affinor Growers is a 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 using its vertical farming techniques. Affinor is committed to becoming a pre-eminent supplier and grower, using exclusive vertical farming techniques.
On Behalf of the Board of Directors
AFFINOR GROWERS INC.
President & CEO
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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.