News
-
-
-
-
PRESS RELEASE
Organto Confirms Amendments to Convertible Debentures and Cancellation of Debentureholder Meeting
Organto Foods Inc. announces approval of amendments to reduce debt and increase equity by converting 50% of debentures into common shares at $0.30 per share and extending maturity date. Debenture terms revision subject to TSX Venture Exchange acceptance -
PRESS RELEASE
Organto Announces Plans to Strengthen Balance Sheet and Provides Business Update
Organto Foods Inc., a leading provider of organic and non-GMO fruit and vegetable products, has announced plans to strengthen its balance sheet and achieve positive EBITDA in 2024. The company has experienced consistent sales growth over the past five years and sees numerous opportunities for further growth in the healthy eating market. Organto is working with its convertible note and debenture holders to reduce debt and increase equity, resulting in an improved balance sheet. Additionally, the company plans to complete a private placement -
-
PRESS RELEASE
Organto Announces Third Quarter 2023 Financial Results
Organto Foods Inc. announces largest third quarter sales and gross profit in its history, with $6,383,743 in sales and $549,982 in gross profit. Operating cost reductions and sales growth drive positive EBITDA expectations for fiscal 2024 -
-
PRESS RELEASE
Organto Announces Non-Brokered Private Placement
-