Off-market insider buying at Affinor Growers (AFI)

Off-market insider buying at Affinor Growers (C:AFI)

Updated Tuesday Feb 13, 2024 02:17 AM EDT
Nicholas Gordon Brusatore, a Director and 10% Holder, acquired 4,387,862 Common Shares on a direct ownership basis at a price of $0.080 through a prospectus or prospectus exempt offering on February 12th, 2024. The insider also acquired 4,387,862 Warrants with an exercise price of $0.100 through granting of warrants on February 12th, 2024. This represents a $351,029 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Bernard Gerard Hogervorst, a Senior Officer and Director, acquired 1,336,025 Common Shares and 1,336,025 Warrants on an indirect ownership basis for registered holder 1825864 Ontario Inc. This represents a $106,882 investment into the company's shares and an account share holdings change of greater than 100%.

Affinor Growers is in the Fishing & Farming Sub Industry Group under the Consumer Non-Cyclicals Sector.

Affinor Growers Inc. is a Canada-based vertical farming technology company. The Company is a patented technology developer and supplier of turnkey vertical farming facilities, including greenhouse, growing towers, automation and cultivation processes. It has designed and developed the vertical farming tower for soil-based growing for strawberry production. The Company has vertically integrated growing systems that can offer automated mechanical pollination for fruiting crops and vertical solutions for the vertical farming industry. It is growing strawberries at four levels in a 15,000 square foot leased greenhouse in Abbotsford British Columbia. The rotating towers have been specifically designed to increase plant density and overall production within a greenhouse, an indoor growing operation and outdoors. It has also developed and patented its own growing towers in Canada, the United States, Colombia and Aruba.


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