Business
Organto Foods Inc. Announces Proposed Early Warrant Exercise Incentive
Not for distribution to U.S. news wire services or dissemination in the United States. VANCO...
About this update from Organto Foods, Inc.
[{"type":"text","content":"Organto Foods Inc. Announces Proposed Early Warrant Exercise IncentiveNot for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, BC AND BREDA, THE NETHERLANDS / ACCESS Newswire / January 13, 2026 / Organto Foods Inc. (TSXV:OGO)(OTCQX:OGOFF)(FSE:OGF0), (\"Organto\" or the\"Company\") today announced that it intends to implement an early exercise incentive program (the \"Incentive Program\") relating to an aggregate of 8,000,000 warrants (the \"Warrants\"), subject to acceptance by the TSX Venture Exchange (the \"TSXV\").The Warrants were issued on September 10, 2025, in connection with the completion of a non-brokered private placement of units (the \"Private Placement\"). Each Warrant entitles the holder to purchase one common share in the capital of the Company (a \"Common Share\") at an exercise price of C$0.75 until March 10, 2027, subject to acceleration in accordance with its terms.Under the proposed Incentive Program and subject to TSXV approval, holders of Warrants who voluntarily exercise their Warrants during a 30-day period (the \"Incentive Period\") commencing on the date on which TSXV conditional approval is obtained in respect of the Incentive Program] and expiring at [4:30 pm (Vancouver time)] on the date that is 30 days thereafter] (the \"Incentive Program Expiry Time\"), will be entitled to receive one additional common share purchase warrant for every three (3) Warrants exercised (the \"Incentive Warrants\"). Each Incentive Warrant would entitle the holder to purchase one Common Share at an exercise price of C$1.00 for a period of one (1) year from the date of issuance. The Incentive Warrants will not be subject to acceleration.The Incentive Program is intended to encourage the early exercise of the Warrants during the Incentive Period. Any Warrants that are not exercised prior to the Incentive Program Expiry Time will continue to be exercisable on their original terms until their original expiry date.If all outstanding Warrants issued pursuant to the Private Placement are exercised prior to the Incentive Program Expiry Time, a maximum of up to 2,666,666 Incentive Warrants could be issued pursuant to the Incentive Program for gross proceeds of up to $6,000,000. No fractional Incentive Warrants will be issued, and any fractional entitlements will be rounded down to the neare...