0 seconds of 3 minutes, 21 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
03:21
03:21
 
  • Affinor (AFI) has appointed a new CFO and will undertake a share consolidation
  • The consolidation will be on a 10-1 basis
  • Founder and CEO Nick Brusatore will serve as Interim CFO effective immediately
  • Brusatore sat down with Coreena Robertson to discuss the news
  • Affinor develops vertical farming technologies to grow sustainable fruits and vegetables
  • Affinor (AFI) opened trading at C$0.02

Affinor (AFI) has appointed a new CFO and will undertake a share consolidation.

The consolidation will be on the basis of one post-consolidated share for each ten pre-consolidated shares, subject to the approval of the CSE.

After the consolidation, Affinor will have approximately 22,146,362 shares issued and outstanding.

The company is also reporting that Founder and CEO Nick Brusatore will serve as Interim CFO effective immediately. He replaces Sarj Dhaliwal.

Brusatore is a design expert focused on commercial production plants using vertical growing technology. He has over two decades of experience in the space and was nominated for the 2012 award of excellence in Canadian agriculture.

He sat down with Coreena Robertson to discuss the news.

Affinor develops vertical farming technologies to grow sustainable fruits and vegetables. It grows strawberries for local markets out of its 15,000 sq. ft. greenhouse in Abbotsford, B.C.

Affinor (AFI) opened at C$0.02.

Latest News
More C.SCRN news on Stockhouse »
Latest Bullboard Posts
More bullboard posts for C.SCRN on Stockhouse »
More From The Market Online
AI generated stock image,

@ the Bell: Markets pop on copper price and geopolitical tensions

Canada’s main stock index increased on Tuesday, driven by geopolitical tensions and uncertainties surrounding tariffs, which boosted copper.
AI generated stock image Canadian Maple Leaf on top of stock market graph, with people on the floor looking upward

@ the Bell: TSX starts week strong

The TSX kicked off the week with a strong rally, reflecting gains seen on Wall Street as the US might adopt a moderate tariff…
ai generated stock image.

@ the Bell: Did markets grow on the first day of spring?

TSX growth was driven by strong performances in the energy and financial sectors, supported by rising oil prices.