VANCOUVER, British Columbia, May 02, 2018 (GLOBE NEWSWIRE) — AFFINOR GROWERS INC. (CSE:AFI) (OTCQB:RSSFF) (www.affinorgrowers.com) (the “Company”) is pleased to announce that the Company has appointed Randy Minhas, C.Dir, CPA, CA, BBA as the Company’s new Chief Financial Officer effective immediately. Mr. Minhas is a Chartered Professional Accountant with extensive finance experience in the technology, manufacturing and resources industries. Mr. Minhas has served as Director, Chief Financial Officer and Controller for several publicly traded companies since 2011 focusing on forecasting, business development, development of internal controls and complete financial reporting services. Mr. Minhas currently serves as the Lead Independent Director and Audit Committee Chair of Clean Seed Capital Corp., a publicly listed entity in the agriculture industry. In addition, Mr. Minhas is currently serving as the Group Controller for Rye Patch Gold Corp., a role he will transition out of once Rye Patch completes its merger with Alio Gold Inc. Mr. Minhas has helped Rye Patch transition from an exploration stage Company to a Company with a fully producing gold mine. During this time, the Company has raised in excess of $75 million dollars in equity financings and over US$25 million dollars in debt financing. Prior to joining Rye Patch, Mr. Minhas served as the Financial Reporting and SOX specialist for Golden Queen Mining Inc., helping take the Company from the exploration stage to a fully producing gold mine.
Mr. Minhas holds a Bachelor of Business Administration from Simon Fraser University and completed his Chartered Accountant designation in 2008. More recently, he completed his Chartered Director designation through The Directors College in June 2017. The Directors College is a joint venture between McMaster University and the Conference Board of Canada focusing on corporate governance and risk management.
Nick Brusatore, president and CEO of Affinor commented, “We are very fortunate to welcome Randy as the new CFO of Affinor. Randy brings a wealth of experience and knowledge to Affinor which in turn will create ongoing shareholder value as we continue to build the Company.”
In order to make way for Mr. Minhas, Mr. Sam Chaudhry has resigned as Chief Financial Officer of the Company. The Company and its Board of Directors would like to thank Mr. Chaudhry for his leadership and direction during his tenure as CFO and director.
About Affinor Growers
Affinor Growers is a publicly traded company on the Canadian Securities Exchange under the symbol (“AFI”). Affinor is focused on growing high quality crops such as romaine lettuce, spinach, strawberries and Cannabis using its vertical farming techniques. Affinor is committed to becoming a pre-eminent supplier and grower, using exclusive vertical farming techniques.
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company’s control that may cause actual results or performance to differ materially from those currently anticipated in such statements.
AFFINOR GROWERS INC.
For More Information, please contact:
Nicholas Brusatore, CEO