Mr. Easthom has been an advisor for the Corporation since June 2014. Mr. Easthom’s previous experience as Director of Corporate Brands for the Overwaitea Food Group, and Manager of Retail Development for Choices Markets, will give Affinor Growers an instant advantage in the development and distribution of its products. Mr. Easthom has extensive produce retail experience and is an authority in developing products, packaging, launching and merchandising them at retail while maximizing sales and profit. He has a comprehensive background in management and brings superior skills as an analyst, negotiator and planner.
Mr. Jarrett Malnarick, President and CEO, commented that, “We are pleased to have the experience Rick brings to Affinor and fortunate to have him on our Board as we continue to develop, expand and commercialize Affinor’s growing technology and products.”
Mr. Nick Brusatore has resigned from the Board of Directors of the Corporation. Mr. Brusatore has been a valuable contributor to the Corporation since February 2014 and the shareholders have benefited from his insights and experience as the inventor of the technology. Mr. Brusatore will continue to work closely with Affinor as Vice President of Corporate Development.
Mr. Nick Brusatore comments, “Though I am sad to step off the board I am happy to have been able to help set the company up for success with strong minds and direction. I look forward to continuing to serve management, the board and shareholders and bringing solutions in food production with vertical farming.”
Stock Option Grant
The Board of Directors of Affinor has also granted 200,000 stock options with an exercise price of $0.10 for a period of three years.
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.
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 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.
Affinor Growers Inc.
President and CEO