|By Marketwired .||
|April 14, 2014 12:51 PM EDT||
MONTREAL, CANADA -- (Marketwired) -- 04/14/14 -- Affinor Resources Inc. (the "Company") (CSE:AFI) is pleased to announce the appointment of Nick Brusatore to it's Advisory Board of Directors.
Nick Brusatore is known globally for being 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. Nick was a keynote speaker at the International Conference on Marijuana in New York City and the moderator in San Francisco and regularly sits on discussion panels as an expert in this industry.
Nick is the original designer of Terrasphere Systems started in 2001 and currently the major shareholder and designer of Vertical Designs Ltd started in 2010. Nick brings over 14 years experience in AGRI Designs, plant physiology and the manipulation of metabolic pathways to achieve organic chemistry. No current expert or company compares to Brusatore or his ability. It will be hard to compete with the quality and depth of knowledge to automate, industrialize and drive the marijuana markets in Canada and the USA.
Nick recently worked in the Biotech sector growing transgenic Tobacco for a large pharmaceutical giant as well as transgenic Safflower to create insulin's for medical use along with sitting on the board of Abattis Biocueticals as a director for one year. Nick was instrumental in helping strategize and positioning ATT with his connections to in the public markets and installing COO and CFO for the company's meteoric success.
Under the Affinor agreement, the Company is immediately issuing Nick Brusatore ten million shares to prepare and execute the business model and financial plan required for the full scale, mass production of marijuana for medical purposes. Nick Brusatore will also receive an additional five million shares when the Company is granted it's license for production. With an LP in it's final stages of application, Brusatore will set up the production facility that, subject to regulatory approval, will immediately begin producing the highest quality product using his incredibly low cost efficiency model. The Company has granted one million incentive stock options to Mr. Brusatore to purchase common shares of the company. The options are exercisable on or before April 14, 2019 at an exercise price of $0.25 per share. Affinor has agreed to release a ten percent finder's fee, payable in shares, subject to regulatory approval, to Michael Flowerdew for facilitating the agreement with Nick Brusatore.
Sebastien Plouffe, President & CEO, comments: "We are extremely proud to have concluded our agreement with Nick as we believe he is definitely the best in his field. He will add tremendous credibility and unique knowledge to Affinor in helping us to achieve our goal of becoming the leader in the Medical Marijuana and Industrial Hemp industry. Nick has already shown amazing dedication during his collaboration with Affinor. Nick and his private company Vertical Designs Ltd. bought more than ten percent of Affinor on the open market, which shows a huge commitment and his interest in building Affinor as a leading company. I just want to say thank you to Nick for getting so heavily involved with Affinor. I believe the time is now to do this and with Nick involved, we will achieve our goal for the good of our shareholders!"
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. Affinor also 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.
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
Momentum PR Inc
Max Gagne, President
Contact Information, spokesperson
Vertical Designs Ltd
Nick Brusatore, CEO
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