21:58:27 EST Fri 20 Feb 2026
Enter Symbol
or Name
USA
CA



Organto Foods Inc (2)
Symbol OGO
Shares Issued 141,299,412
Close 2026-02-20 C$ 0.88
Market Cap C$ 124,343,483
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Organto Foods closes warrant exercise incentive program

2026-02-20 18:25 ET - News Release

Mr. Steve Bromley reports

ORGANTO FOODS COMPLETES WARRANT EXERCISE INCENTIVE PROGRAM

Organto Foods Inc., further to its news releases dated Jan. 2, 2026, and Jan. 19, 2026, regarding its early warrant exercise incentive program, has now completed the incentive program. The company will now issue 7.76 million common shares for aggregate gross proceeds of $5.82-million from the exercise of 7.76 million previously issued and outstanding common share purchase warrants.

The incentive program applied to an aggregate of eight million warrants originally issued on Sept. 10, 2025, as part of the non-brokered private placement of units completed by the company on that date. The 240,000 warrants that were not exercised under the incentive program remain exercisable at 75 cents per common share until March 10, 2027, subject to acceleration in accordance with their original terms.

Steve Bromley, chief executive officer and co-chair, stated: "We sincerely thank our shareholders for the early exercise of their warrants, demonstrating continued support and confidence in the company. 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. We are focused on identifying transactions that are highly synergistic, enhance our platform, and deliver meaningful long-term value creation for the company and its shareholders. With this strengthened balance sheet, we believe we are well positioned to execute on our growth strategy and capitalize on emerging opportunities within our sector."

Under the terms of the incentive program, holders who exercised warrants during the incentive period, which expired on Feb. 19, 2026, receive, for every three warrants exercised, one additional common share purchase warrant.

On completion of the incentive program, the company will now issue a total of 2,588,667 incentive warrants. Each incentive warrant entitles the holder to acquire one additional common share of the company at an exercise price of $1 per share for a period of one year from the date of issuance. The 7.76 million shares to be issued on the exercise of the warrants are subject to a hold period expiring on Sept. 10, 2026.

All incentive warrants issued, and any common shares issued upon exercise thereof, are subject to a four-month statutory hold period as required under Canadian securities laws and policies of the TSX Venture Exchange.

The net proceeds from the incentive program will be used to finance growth and for general corporate and working capital purposes.

About Organto Foods Inc.

Organto Foods is a Canadian-headquartered company supplying certified organic and fair trade produce to leading international retailers. Organto manages global sourcing, logistics and distribution through an integrated, capital-efficient model that connects growers and consumers with transparency, sustainability and operational excellence.

We seek Safe Harbor.

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