Affinor Growers Inc. announced that it has signed a letter of intent with Freshbay Inc. with respect to a deep earth geothermal agricultural site located in Hinton, Alberta. Freshbay currently intends to build a geothermal agricultural site over 19 acres and comprised of over 800,000 square feet of greenhouse facilities located in Hinton, Alberta where it intends to produce an array of fruits and vegetables, including strawberries. The LOI sets out the general terms and conditions pursuant to which Affinor will (i) supply its newly designed 3-level vertical farming rotating towers, (ii) Provide Freshbay with all 800,000 square feet of the "New" Atlantis Greenhouses for use at the Project Site, and (iii) assist Freshbay with production of strawberries and provide off take agreement for all products grown in the Affinor tech Pursuant to the LOI, the parties will enter into a purchase and sale agreement, license agreement, or other similar agreement by no later than March 30, 2023.