Organto Foods Announces C$1.0 M Private Placement Financing with a Strategic Investor

TORONTO, ON AND BREDA, THE NETHERLANDS / ACCESS Newswire / June 18, 2025 / Organto Foods Inc. (TSXV:OGO)(OTC PINK:OGOFF) ("Organto" or the "Company") today announced it plans to complete a non-brokered private placement of up to 4,000,000 units of the Company (the "Units") at a price of $0.25 per Unit (the "Private Placement"), with each Unit consisting of one Common Share in the capital of the Company (a "Common Share") and one-half common share purchase warrant of the Company (a "Warrant").

Each full Warrant shall entitle the holder thereof to acquire one Common Share (a" Warrant Share") at a price per Warrant Share of C$0.35 for a period of 18 months from the closing date of the Private Placement.

"We're very pleased with our operational performance, having realized first quarter sales growth of 193.5%, gross profit dollar growth of 298.1%, our lowest cash operating costs as a percentage of sales in our history and our first-ever positive EBITDA quarter. Our business has continued to accelerate through the second quarter, which is quite encouraging, and we believe is a reflection of the strong momentum in our business. These results are the direct outcome of the extensive restructuring and strategic realignment we've executed over the past 18 months, laying a solid foundation for sustained growth, stability, and a clear path to profitability. With our continued growth and improvement in our share price, we believe it is prudent to complete this Private Placement as we conservatively manage our balance sheet." commented Steve Bromley, Chair and Chief Executive Officer.

The Company may pay finders' fees in connection with the Private Placement. The net proceeds from the Private Placement will be used to fund general working capital.

Certain directors and officers of the Company may acquire securities under the Private Placement. Any such participation would be considered to be a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101"). The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any units issued to or the consideration paid by such persons will exceed 25% of the Company's market capitalization.

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