|By Marketwired .||
|May 26, 2014 07:05 PM EDT||
MONTREAL, CANADA -- (Marketwired) -- 05/26/14 -- Affinor Resources (CSE: AFI)(FRANKFURT: 1AF)(PINKSHEETS: RSSFF) ("Affinor" or the "Corporation) announces resumption of trading and corporate updates.
Affinor is very pleased to confirm that further to the issuance of the Canadian Securities Exchange ("CSE") Fundamental Change Bulletin this day, the common shares of the Corporation will resume trading on the CSE at the opening of trading on May 27, 2014.
In connection with the change of business, 16,200,000 common shares of the Corporation controlled by Mr. Nick Brusatore, Chairman and a principal of the Corporation, have been subjected to an escrow agreement in accordance to Form 46-201F1 as required by National Policy 46-201. Furthermore, and as reflected in the Corporation's listing statement dated May 23, 2014, an aggregate of 2,250,000 options were re-priced as follows in compliance with CSE policies: 400,000 from $0.25 to $0.33, 600,000 from $0.25 to $0.35, 1,000,000 from $0.25 to $0.42 and 250,000 from $0.45 to $0.49. All exercise periods and mandatory holds remain unchanged.
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.
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.
President & CEO
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Max Gagne, President
Contact Information, spokesperson
Vertical Designs Ltd
Nick Brusatore, CEO