Affinor Growers Inc. announced a non-brokered private placement of up to 1,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 50,000 on March 14, 2024. Each unit will consist of one common share in the capital of the company and one share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at a price of CAD 0.10 per warrant share for a period of 24 months from the date of distribution.

Closing of the Offering is expected to occur as soon as practicable and may occur in one or more tranches. The company may pay a finder?s fee in connection with the Offering to eligible arm?s length finders in accordance with the policies of the Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable Canadian securities laws.