Affinor Announces Stock Option Grants

VANCOUVER, British Columbia, July 26, 2021 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) announces that it has granted an aggregate of 6,500,000 stock options (the “Options”) to directors, consultants, and an officer of the Company to purchase 6,500,000 common shares (the “Shares”) in the capital of the Company pursuant to the Company’s share option plan. The Options are exercisable at an exercise price of $0.04 per Share for a period of ten (10) years from the date of grant. The Options are subject to vesting periods over the course of the term of the Options.

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GlobeNewswire, Inc.

Retrieved on:

Monday, July 26, 2021

Information

Tags:

Options, Private law, Law, Inheritance, Labour law, Property law, Vesting, OTC Markets Group, Exercise, Cannabis, Articles

Geotags:

Vancouver, Bc, BRITISH COLUMBIA

Organisation:

AFFINOR GROWERS INC.

Summary

Key Points:

The Options are exercisable at an exercise price of $0.04 per Share for a period of ten (10) years from the date of grant.
The Options are subject to vesting periods over the course of the term of the Options.
Affinor is a publicly traded company listed on the CSE under the symbol AFI and on the OTCQB under the symbol RSSFF.
Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits, vegetables, and cannabis in a sustainable manner.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

VANCOUVER, British Columbia, July 26, 2021 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) announces that it has granted an aggregate of 6,500,000 stock options (the “Options”) to directors, consultants, and an officer of the Company to purchase 6,500,000 common shares (the “Shares”) in the capital of the Company pursuant to the Company’s share option plan. The Options are exercisable at an exercise price of $0.04 per Share for a period of ten (10) years from the date of grant. The Options are subject to vesting periods over the course of the term of the Options.

About Affinor

Affinor is a publicly traded company listed on the CSE under the symbol “AFI” and on the OTCQB under the symbol “RSSFF”. Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits, vegetables, and cannabis in a sustainable manner.

To learn more about Affinor, visit: www.affinorgrowers.com

Renmark Financial Communications Inc.
Joshua Lavers: [email protected]
Tel: (416) 644-2020 or (212) 812-7680
www.renmarkfinancial.com

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.

The securities of the Company referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.