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Affinor Growers to Accommodate Private Placement With Cryptocurrency

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Affinor Growers Inc. (CSE: AFI; OTCQB: RSSFF) is set to accept cryptocurrency payments, including Bitcoin, for global licensing and facility development. This initiative positions Affinor as the first publicly listed company on CSE and OTC to accept Bitcoin in private placements, converting crypto payments into legal tender. CEO Nick Brusatore expressed enthusiasm for leveraging unused crypto capital to advance vertical farming technologies and support sustainable food production in developing nations.

Positive
  • Becomes the first CSE and OTC listed company to accept Bitcoin in private placements, enhancing market position.
  • Aims to leverage unused crypto capital for growth in vertical farming technology.
Negative
  • None.

VANCOUVER, British Columbia, April 20, 2021 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI; OTCQB: RSSFF) is pleased to announce it will be supporting the cryptocurrency markets and accepting payments for licensing and building facilities globally at deposit date prices in BITCOIN, DOGECOIN, STABLECOIN and others that are determined to follow SEC and IIROC regulations. Affinor will also be the first CSE and OTC listed company to accept BITCOIN in its private placements with direct transfer into the domain wallet ‘affinor.crypto’. Affinor will convert the crypto currency into legal tender for completion of the private placement.

Affinor believes many currencies around the world in less fortunate economies have a huge disadvantage. They cannot attract or create sustainable growth like wealthier nations. Affinor Growers believes that cryptocurrency will enable easier technology transfer, and will help developing nations sustainably produce food and cannabis along with increased employment and education supported by clean agriculture technology. Affinor looks forward to joining the upper ranks of some of the large cap sector companies that have announced the acceptance of BITCOIN such as TESLA and AMAZON.

Nick Brusatore CEO: “I am absolutely thrilled Affinor Growers will be the first on the CSE to accept BITCOIN. We plan to move as fast as we can to take advantage of the glut of capital sitting in unused crypto profits, and blaze the trail in the Cleantech Vertical Farming space worldwide. Once again I would like to thank the shareholders of Affinor Growers for their continued support and patience while we work to launch fruit and vegetable production, and our cannabis micro cultivation license application this summer in Abbotsford BC.”

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: https://www.affinorgrowers.com/en

On behalf of the Board of Directors,
Affinor Growers Inc.
Nick Brusatore
Director /CEO nick@affinorgrowers.com
Renmark Financial Communications Inc.
Joshua Lavers: jlavers@renmarkfinancial.com
Tel: (416) 644-2020 or (212) 812-7680
www.renmarkfinancial.com

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. 


FAQ

What is Affinor Growers' new payment policy regarding cryptocurrencies?

Affinor Growers will accept payments in Bitcoin, Dogecoin, Stablecoin, and other cryptocurrencies for licensing and facility construction globally.

When did Affinor Growers announce its cryptocurrency payment acceptance?

The announcement was made on April 20, 2021.

What will Affinor Growers do with the cryptocurrency payments?

The company plans to convert cryptocurrency into legal tender for private placements.

How does Affinor Growers aim to improve developing nations?

Affinor believes that cryptocurrency can enable sustainable food production and job creation in less fortunate economies.

AFFINOR GROWERS INC

OTC:RSSFF

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