Organto implements early warrant exercise program

Executive Summary

• Organto Foods Inc. has received conditional acceptance from the TSX Venture Exchange for an early exercise incentive program regarding 8 million warrants issued in a previous private placement.
• The program offers a bonus warrant (1 for every 3 exercised) to holders who voluntarily exercise their warrants between January 20, 2026, and February 19, 2026.
• If all warrants are exercised during the incentive period, the company could issue up to 2,666,666 incentive warrants, generating up to $6 million in gross proceeds.

Key Details

• Warrant Structure: The underlying warrants were issued on Sept. 10, 2025, via a non-brokered private placement. Each entitles the holder to purchase one common share at an exercise price of $0.75 until March 10, 2027.
• Incentive Period: The 30-day window for the incentive program runs from January 20, 2026, to 4:30 p.m. Vancouver time on February 19, 2026.
• Bonus Terms: For every three warrants exercised during the incentive period, holders receive one additional common share purchase warrant.
• Incentive Warrant Terms: The bonus warrants have an exercise price of $1.00 per share and a term of one year from the date of issuance. They are not subject to acceleration.
• Maximum Proceeds: If all 8 million underlying warrants are exercised, up to 2,666,666 incentive warrants may be issued, resulting in gross proceeds of up to $6 million.
• Rounding Policy: No fractional incentive warrants will be issued; fractional entitlements are rounded down to the nearest whole number.
• Hold Periods: Common shares issued upon exercise are subject to original statutory hold periods. Incentive warrants and resulting shares are subject to applicable statutory hold periods and TSX-V exchange hold periods.
• Insider Participation: No insiders of the company are expected to participate in the incentive program.
• Regulatory Status: The program remains subject to final acceptance by the TSX Venture Exchange.

Notable Quotes

• None provided in the text.