tiprankstipranks

Affinor Settles Insider Debt With Equity Issue

Story Highlights
Affinor Settles Insider Debt With Equity Issue

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

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App