Mr. Steve Bromley reports

ORGANTO CLOSES $1.1 MILLION PRIVATE PLACEMENT

Organto Foods Inc. has closed its previously announced non-brokered private placement. The placement was fully subscribed with gross proceeds of $1.1-million being raised from the sale of 11 million units of Organto at a price of 10 cents per unit.

Each unit consisted of one common share and one-half warrant, with each full warrant exercisable to purchase one additional Organto common share at a price of 20 cents for a period of 18 months after the closing date. The exercise date of the warrants issued is subject to acceleration in the event that the closing price of Organto's common shares on the TSX Venture Exchange is greater than or equal to 25 cents per share for a period of 10 consecutive trading days and such acceleration event occurs any time after the expiration of a four-month hold period applicable to the securities issued.

Organto intends to use the proceeds of the private placement to finance continuing operations, to meet working capital requirements and for general corporate purposes. Organto reserves the right to reallocate funds from time to time in accordance with company requirements.

All securities issued pursuant to the private placement are expected to be subject to a four-month hold period.

About Organto Foods Inc.

Organto is an integrated provider of year-round value-added branded organic vegetables and seasonal organic and non-GMO-(genetically modified organism) fruit and vegetable products, serving an increasingly socially responsible and health-conscious consumer around the globe. Organto employs a business model that is integrated from the table to the field. Driven by consumer demand for healthy and organic food products, it operates an integrated business model with sourcing, logistical and processing capabilities, providing complete traceability from the table back to the field. Operations are currently located in Guatemala, the Netherlands and the United States, as well as third party supply from a variety of regions, with plans to continue to expand supply capabilities through strategic third party growers and processors in Africa, Mexico and other growing regions.