VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 28, 2017) - Affinor Growers Inc. (CSE:AFI)(CSE:AFI.CN)(FRANKFURT:1AF)(OTCQB:RSSFF) ("Affinor" or the "Corporation), is pleased to announce the signing of a research and development Test Agreement with a large strawberry production company headquartered in California, USA.
The Test Agreement is a collaboration of Affinor's vertical farming tower technology, proprietary strawberry seedlings from California, and the new greenhouse facility in Abbotsford, B.C. currently under construction by Vertical Designs Ltd. Under the terms of the agreement, specific strains of strawberry seedlings will be supplied for testing to optimize production within the unique environment created by Affinor's greenhouse tower technology. In return, Affinor will share the testing and production results, and collect a portion of revenue from berry sales to the local market.
Strawberries will be produced within a technically advanced light-diffused polycarbonate greenhouse. Vertical Designs Ltd. will operate the facility to grow and test the various strawberry strains in partnership with Affinor. It is anticipated the facility will be operational and planting will begin in late 2017. Affinor is working directly with the Californian strawberry producer over the next several months sharing information and collaborating on growing protocols to ensure the best varieties for vertical applications are identified.
Jarrett Malnarick, President and CEO said that "This is a great opportunity for Affinor to work with a company that has a long history in strawberry development and can offer strain specific seedlings to optimize production for our vertical farming equipment. It is one more step in bringing our technology to market with solid production testing data."
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 and 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.
Jarrett Malnarick, 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.