Affinor Growers

Affinor Growers is a diversified publicly traded company on the Canadian Securities Exchange under the symbol ("AFI"). We are also listed on the Frankfurt Exchange under the symbol 1AF with a WKN of A1W7FZ and on the US OTCQB under the symbol RSSFF.

Affinor Growers began as Affinor Resources, a company focused on finding mining projects in Colombia and Canada. Affinor recognized a major opportunity when they discovered a team that was developing a system to mass produce pesticide-free, non GMO plants, just as the medical marihuana frenzy was beginning in North America.

Affinor Growers is focused on mass producing, high quality, in-demand produce and pharmacy grade plants for global distribution. The team is currently working towards becoming a grower of premier Medical Marihuana and set to produce other major cash crops such as Romaine Lettuce and Strawberries while waiting for Health Canada licenses and approvals. Affinor is all about turning the plants we grow into (green) gold for our investors and shareholders.

Listing Details

Telephone

(514) 947-2272

Website

www.affinorgrowers.com

Stock Quote

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News

Latest News from Affinor Growers

Affinor Growers Closes $30 Million US Equity Line Facility With Dutchess Opportunity Fund II, LP

MONTREAL, CANADA--(Marketwired - Feb. 19, 2015) - Affinor Growers (CSE:AFI)(OTCQB:RSSFF)(FRANKFURT:1AF) ("Affinor" or the "Corporation") a company focused on mass producing, high quality, in-demand produce and high quality plants for global distribution, announced today that it has entered into a $30 million US equity line facility agreement with Dutchess Opportunity Fund II, LP, a Delaware limited partnership.

The Corporation has agreed to file a registration statement with the U.S. Securities & Exchange Commission ("SEC") covering the shares that may be issued to Dutchess under the terms of the investment agreement. After the SEC has declared the registration statement related to the transaction effective, the company has the right at its sole discretion over a period of three years to sell up to $30 million US of common stock under the terms set forth in the agreement.

Sebastien Plouffe, President and CEO of Affinor, comments: "We are very pleased to have completed this financing with the Dutchess group as we see them as a long term capital partner. This new financing will allow Affinor to achieve this significant milestone to complete the Quebec greenhouse facility in St-Chrysostome, Quebec, which is key to show to the world our model and final products using our own technology".

Douglas Leighton, managing partner at Dutchess, comments: "Dutchess is one of the more active institutional investors in cannabis-related enterprises, and we are delighted to add Affinor to our portfolio. We believe this funding will help the company continue with the Company's technological growth."

About Dutchess Opportunity Fund, II, LP

Dutchess Opportunity Fund II LP invests in special situations assisting growth-stage and mature companies alike. Founded in 1996, Dutchess Capital, through its investment funds, has managed over $2 billion in transactional value for companies, which span a wide array of sectors. With offices in Boston, New York, London, Beijing, and São Paulo, Dutchess Opportunity Fund II LP invests in global investment opportunities and has become a leading investor in cannabis-related businesses. For further information about Dutchess, please visit dutchesscapital.com.

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