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Affinor Settles Insider Debt With Equity Issue
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Affinor Settles Insider Debt With Equity Issue

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Affinor Growers (TSE:AFI) has released an update.

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Affinor Growers has settled a debt with insider Pavenham Development Corp. by issuing 158,466 common shares at $0.05 each, subject to a four-month hold. This strategic move aims to strengthen the company’s financial position and is compliant with securities regulations, avoiding the need for minority shareholder approval.

For further insights into TSE:AFI stock, check out TipRanks’ Stock Analysis page.

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