VANCOUVER, BRITISH COLUMBIA – Affinor Growers (CSE:AFI)(OTCQB:RSSFF)(FRANKFURT:1AF) ("Affinor" or the "Corporation), a diversified agriculture and biotechnology company with proprietary vertical farming systems, is pleased to announce it has signed an MOU to install two automated residential vertical growing towers in new BIO POD greenhouses slated for construction in Surrey, British Columbia. This installation will allow Affinor Growers to implement an innovative residential design and begin scaling operations for wholesale production, packaging, and international distribution of clean, safe, fresh food.
The partnership represents the start of a new era in agriculture production. Affinor is proud to partner with UFV and believes the combination will result in the mass production of fruit and vegetables for consumers, while enhancing sustainability and adding to the global agricultural knowledge-base.
Jarrett Malnarick, President and CEO "It is a great honor to work with the University of the Fraser Valley in this exciting new frontier of agriculture. I believe UFV will become the world's first high-tech training centre for this type of agriculture and will be viewed as a leader amongst universities around the world in this field."
Garry Fehr, Director of the Agriculture Centre of Excellence, University of the Fraser Valley. "This is a tremendous opportunity for UFV to partner with Affinor Growers in developing a new generation of technology that has the potential to tremendously increase food security without the need to develop more agricultural land resources. The project will also provide valuable learning and research opportunities for students and researchers."
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.
Jarrett Malnarick
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 www.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.
Source: Affinor Growers
