Organto Foods to Resume Trading on the TSX Venture Exchange
Organto Foods Inc. (TSX-V:OGO)(OTC PINK:OGOFF) has announced the resumption of trading of its common shares on the TSX Venture Exchange, effective March 12, 2025. The company's stock will return to trading after completing all necessary requirements for reinstatement.
According to Chair and CEO Steve Bromley, despite the absence of a liquid market for several months, the company has focused on turning around its business operations, as detailed in their March 7, 2025 news release. With the completion of financial and related filings, Organto plans to recapitalize the company to strengthen its position and build on current business momentum.
Organto Foods Inc. (TSX-V:OGO)(OTC PINK:OGOFF) ha annunciato la ripresa della negoziazione delle sue azioni ordinarie sulla TSX Venture Exchange, a partire dal 12 marzo 2025. Le azioni della società torneranno a essere negoziate dopo aver completato tutti i requisiti necessari per la reintegrazione.
Secondo il Presidente e CEO Steve Bromley, nonostante l'assenza di un mercato liquido per diversi mesi, la società si è concentrata sul rilancio delle sue operazioni commerciali, come dettagliato nel comunicato stampa del 7 marzo 2025. Con il completamento delle pratiche finanziarie e correlate, Organto prevede di ricapitalizzare l'azienda per rafforzare la sua posizione e costruire sul momento attuale del business.
Organto Foods Inc. (TSX-V:OGO)(OTC PINK:OGOFF) ha anunciado la reanudación de la negociación de sus acciones comunes en la TSX Venture Exchange, a partir del 12 de marzo de 2025. Las acciones de la compañía volverán a negociarse después de completar todos los requisitos necesarios para la reinstalación.
Según el presidente y CEO Steve Bromley, a pesar de la ausencia de un mercado líquido durante varios meses, la compañía se ha enfocado en recuperar sus operaciones comerciales, como se detalla en su comunicado de prensa del 7 de marzo de 2025. Con la finalización de los trámites financieros y relacionados, Organto planea recapitalizar la empresa para fortalecer su posición y aprovechar el impulso actual del negocio.
Organto Foods Inc. (TSX-V:OGO)(OTC PINK:OGOFF)는 2025년 3월 12일부터 TSX 벤처 거래소에서 보통주 거래 재개를 발표했습니다. 회사의 주식이 거래를 재개합니다 모든 재가입 요구 사항을 완료한 후에.
의장 겸 CEO인 Steve Bromley에 따르면, 수개월간 유동 시장이 없었음에도 불구하고 회사는 2025년 3월 7일 보도자료에 자세히 설명된 대로 사업 운영을 회복하는 데 집중했습니다. 재무 및 관련 서류의 완료와 함께 Organto는 회사를 재자본화할 계획이며, 이를 통해 현재의 비즈니스 모멘텀을 강화하고 구축할 것입니다.
Organto Foods Inc. (TSX-V:OGO)(OTC PINK:OGOFF) a annoncé la reprise de la négociation de ses actions ordinaires sur la TSX Venture Exchange, à compter du 12 mars 2025. Les actions de la société reprendront la négociation après avoir rempli toutes les exigences nécessaires à la réintégration.
Selon le président et PDG Steve Bromley, malgré l'absence d'un marché liquide pendant plusieurs mois, la société s'est concentrée sur le redressement de ses opérations commerciales, comme détaillé dans leur communiqué de presse du 7 mars 2025. Avec l'achèvement des dépôts financiers et connexes, Organto prévoit de recapitaliser l'entreprise pour renforcer sa position et capitaliser sur l'élan commercial actuel.
Organto Foods Inc. (TSX-V:OGO)(OTC PINK:OGOFF) hat die Wiederaufnahme des Handels mit ihren Stammaktien an der TSX Venture Exchange bekannt gegeben, die am 12. März 2025 wirksam wird. Die Aktien des Unternehmens werden wieder gehandelt, nachdem alle erforderlichen Anforderungen für die Wiederherstellung erfüllt wurden.
Laut dem Vorsitzenden und CEO Steve Bromley hat sich das Unternehmen trotz der Abwesenheit eines liquiden Marktes über mehrere Monate darauf konzentriert, seine Geschäftsabläufe zu verbessern, wie in ihrer Pressemitteilung vom 7. März 2025 detailliert beschrieben. Mit dem Abschluss der finanziellen und damit verbundenen Einreichungen plant Organto, das Unternehmen zu rekapitalisieren, um seine Position zu stärken und auf dem aktuellen Geschäftsmomentum aufzubauen.
- Trading resumption on TSX Venture Exchange indicates compliance with listing requirements
- Company reports successful business turnaround efforts
- Plans for recapitalization to strengthen financial position
- Extended period without trading liquidity may have impacted shareholders
- Need for recapitalization suggests potential capital requirements
TORONTO, ON AND BREDA, NETHERLANDS / ACCESS Newswire / March 11, 2025 / Organto Foods Inc. (TSX-V:OGO)(OTC PINK:OGOFF) ("Organto" or the "Company"), is pleased to announce that its common shares will resume trading on the TSX Venture Exchange effective at the market open on Wednesday March, 12, 2025.
Steve Bromley, Chair and CEO of the Company commented, "I am very happy to announce to our shareholders that we have finally completed all steps required to have our stock reinstated for trading. We appreciate the support and understanding of our shareholders and our team members who have supported us during this reinstatement process, and we look forward to continuing to build our business focused on serving healthy food products to health-conscious consumers. Even though we have not had the benefit of a liquid market for many months, we have worked very hard to turn around the business operations of the Company (see news release of March 7, 2025). Now that we have brought the Company up to date with its financial and related filings, we fully intend to recapitalize the Company and put it in a solid position to build on the business momentum we have achieved."
ON BEHALF OF THE BOARD
Steve Bromley
Chair and CEO
For more information contact:
Investor Relations
John Rathwell, Senior Vice President, Investor Relations & Corporate Development
647 629 0018
info@organto.com
ABOUT ORGANTO
Organto is an integrated provider of branded, private label, and distributed organic and non-GMO fruit and vegetable products using a strategic asset-lighter business model to serve a growing socially responsible and health-conscious consumer around the globe. 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.
FORWARD LOOKING STATEMENTS
This news release may include certain forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act ("forward-looking statements"). In particular, and without limitation, this news release contains forward-looking statements respecting the reinstatement of the Company's common shares for trading on the TSXV and the goal to continue to build the Company's healthy foods business including the recapitalization of the business. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including without limitation, the assumption that no unforeseen circumstances will arise that would cause the Company's common shares not to be reinstated for trading on the TSXV and the changes that have been implemented in the business will have the desired outcome. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. For further information on these and other risks and uncertainties that may affect the Company's business, see the "Risks and Uncertainties" and "Forward-Looking Statements" sections of the Company's annual and interim management's discussion and analysis filings with the Canadian securities regulators, which are available under the Company's profile at www.sedarplus.ca. Except as required by law, Organto does not assume any obligation to release publicly any revisions to forward-looking statements contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
SOURCE: Organto Foods, Inc.
View the original press release on ACCESS Newswire
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