on Organto Foods Inc. (CVE:OGO)
Organto Foods Announces Early Warrant Exercise Incentive Program
Organto Foods Inc., headquartered in Vancouver and Breda, has introduced a proposed early warrant exercise incentive program, pending approval by the TSX Venture Exchange (TSXV). This initiative applies to 8 million warrants issued during a private placement in September 2025. Each warrant allows the holder to purchase a common share at C$0.75 until March 2027.
During a 30-day period, warrant holders are encouraged to exercise their warrants early to receive additional warrants. For every three exercised, one new warrant is issued, allowing the purchase of a share at C$1.00 within a year. This does not affect the original terms if the warrants remain unexercised.
Should all outstanding warrants be exercised, the company could see gross proceeds of up to $6 million. The final execution of this program is subject to TSXV's approval.
R. P.
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