|By Marketwired .||
|May 9, 2014 01:35 PM EDT||
MONTREAL, CANADA -- (Marketwired) -- 05/09/14 -- Affinor Resources (CSE:AFI)(PINKSHEETS:RSSFF)(Frankfurt:1AF) ("Affinor" or the "Corporation) nominates Mr. Nick Brusatore Executive Chairman of the Board of Directors.
Affinor is excited to announce the nomination of Mr. Nick Brusatore as Chairman of the Board of Directors. Mr. Brusatore is known globally as a top designer and leader in vertical farming technology. He was the Chairman of the Applied Research Committee for BCIT for several years, and was nominated for the AGRI award of excellence for Canada in 2012.
Mr. Brusatore is an authority in growing technologies and was a keynote speaker at the International Conference on Marijuana in New York City and head moderator at a similar event in San Francisco. He often sits on discussion panels as an expert in this industry.
Mr. Brusatore is the original designer of Terrasphere Systems, which started in 2001, and he is currently the major shareholder and designer of Vertical Designs Ltd., started in 2010. Mr. Brusatore brings over 14 years of experience in AGRI designs, plant physiology and expertise in the manipulation of metabolic pathways to achieve organic chemistry.
Mr. Brusatore recently worked in the biotech sector, growing transgenic tobacco for a large pharmaceutical giant as well as transgenic safflower to create insulin for medical use. The company has granted two hundred fifty thousand incentive stock options to Mr. Brusatore to purchase common shares of the company. The options are exercisable on or before May 9, 2019, at an exercise price of 45 cents per share.
Sebastien Plouffe, President and CEO of Affinor, comments: "I'm thrilled to welcome Nick as the Executive Chairman of the company. He brings experience, credibility and unique knowledge to Affinor and will be extremely helpful in achieving the company's goals. We can respond to market demands for crops such as strawberries, spinach, romaine lettuce as well as Medical Marijuana. I believe Nick is the best vertical farming expert in the world and this is a huge benefit for the company and our shareholders ".
All securities issued pursuant to the Issuance will be subject to a hold period ending fourth month a day after their issuance.
About Affinor Resources Inc.
Affinor Resources is a diversified publicly traded company on the Canadian Securities Exchange under the symbol ("AFI"). Affinor is focused on the Medical Marijuana industry as well as becoming a producer of other cash crops such as Romaine lettuce and Strawberries.
On Behalf of the Board of Directors
AFFINOR RESOURCES INC.
Sebastien Plouffe, 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.