MONTREAL, QUEBEC-(Marketwired - April 4, 2014)
- Affinor Resources (CSE:AFI) is pleased to
announce the closing of a first tranche of financing, previously
announced on March 28, 2014, of 4,030,636 units at $0.25 for a
gross proceeds of $1,007,659.
Under the terms, 4,030,636 shares are issued for a gross proceed
of $1,007,659. In connection with the financing, finder's fee of
$59,243 is payable to third parties as well as $15,875 and 63,500
broker warrants to Canaccord Genuity Corp., $5,000 and 20,000
broker warrants to PI Financial Corp., $1,500 and 6,000 broker
warrants to Mackie Research Capital Corp., $12,647 and 50,590
broker warrants to Global Securities Corp. The management and board
directors of Affinor participate for $65,000 in this financing and
Pro Group for $66,250.
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 within North America
as well as Affinor has a Mineral Exploration division. Affinor is
currently working towards becoming a premier Canadian Medical
Marijuana and Industrial Hemp company by consolidating fragmented
medical marijuana grower facilities and bringing industry expertise
to its advisory board.
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.