08:12:22 EDT Fri 29 Mar 2024
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or Name
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Organto Foods Inc
Symbol OGO
Shares Issued 76,816,187
Close 2017-03-28 C$ 0.19
Market Cap C$ 14,595,076
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Organto reaches commercial production of organic beans

2017-03-29 09:12 ET - News Release

Mr. Peter Gianulis reports

ORGANTO REACHES COMMERCIAL PRODUCTION OF ORGANIC BEANS IN GUATEMALA

Organto Foods Inc. has reached commercial production of organic green beans (haricot verts) produced from its integrated operations in Guatemala.

"Over the past year and a half, we have been fine-tuning and perfecting our growing techniques and logistical processes for our Monjas operation in Guatemala, having now reached approximately 15,000 pounds of production per week. Achieving commercial production is an important milestone for Organto, and we plan on increasing our production of organic value added vegetables as we expand our operations," commented Peter Gianulis, founder and chief executive officer of Organto. "These organic green beans are currently being sold in some of the leading retailers in Europe, and we expect to add organic sugar snaps and snow peas in the near term," added Mr. Gianulis.

About Organto Foods Inc.

Organto Foods is a leading vertically integrated provider of value-added fresh-cut, branded organic produce serving a growing socially responsible and health-conscious consumer around the globe. The company employs a business model that is integrated from the table to the field. Driven by consumer demand for healthy and organic food products, the company operates an integrated business model with extensive logistical, processing and growing capabilities, providing complete traceability from the table back to the field. The company currently has operations in Guatemala, Argentina, the Netherlands and the United States, with plans to continue to expand its year-round supply capabilities.

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