Organto Foods Completes Warrant Exercise Incentive Program

Executive Summary

• Organto Foods completed its early warrant exercise incentive program, issuing 7,760,000 common shares for gross proceeds of C$5.82 million.
• The company will also issue 2,588,667 incentive warrants (one additional warrant for every three exercised) with a C$1.00 exercise price and a one‑year term.
• Net proceeds are earmarked to fund growth initiatives, general corporate purposes, and potential strategic acquisitions.

Key Details

• Incentive Program Scope: Applied to 8,000,000 warrants issued on September 10 2025; 7,760,000 were exercised under the program.
• Gross Proceeds: C$5,820,000 from exercise of 7,760,000 warrants at C$0.75 per share.
• Remaining Warrants: 240,000 warrants remain exercisable at C$0.75 until March 10 2027 (subject to acceleration).
• Incentive Warrants Issued: 2,588,667 incentive warrants; each grants the holder one additional common share at C$1.00 per share for a period of one year from issuance.
• Hold Periods:
• Shares issued on warrant exercise subject to a statutory hold period expiring September 10 2026.
• All incentive warrants and any shares issued upon their future exercise are subject to an additional four‑month statutory hold period under Canadian securities law.
• Use of Proceeds: Funding growth, general corporate, and working capital purposes; also supporting strategic acquisition opportunities.
• CEO Statement: Steve Bromley highlighted that the $5.8 M strengthens Organto’s balance sheet, enabling accelerated expansion of core operations and pursuit of synergistic acquisitions.

Notable Quotes

“The additional $5.8 million places Organto in a strong financial position, enabling us to accelerate the ongoing expansion of our core operations while also pursuing strategic acquisition opportunities.” – Steve Bromley, CEO & Co‑Chair

All forward‑looking statements are subject to risks and uncertainties detailed in the release.