
Organto Extends Private Placement Offering
Vancouver, B.C. (FSCwire) - Organto Foods Inc. (TSX-V: OGO, OTC: OGOFF) (“Organto”). The Company has applied for and received consent from the TSXV Venture Exchange to extend the closing date for the balance of its private placement (as detailed in a news release dated May 11, 2017) until August 26, 2017. The Company has previously closed a first tranche of the private placement on June 20, 2017 for proceeds of $1,904,000.
About Organto Foods Inc.
Organto 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. 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 extensive logistical, processing and growing capabilities, providing complete traceability from the table back to the field. Operations are currently located in Guatemala, Argentina, the Netherlands and the USA, as well as secured third party supplies in Uganda, Peru and Argentina with plans to continue to expand year-round supply capabilities via strategic third party growers and processors into the African and Asian markets. Organto’s business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people and its shareholders.
ON BEHALF OF THE BOARD,
Arnoud Maas
CEO
Neither the TSX Venture Exchange (the “TSX-V”) nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release.
For more information contact:
Investor Relations
604-634-0970
1-888-818-1364
info@organto.com
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/organto08022017.pdf
Source: Organto Foods Inc. (TSX Venture:OGO, OTC Pink:OGOFF)
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