Mr. Steve Bromley reports
ORGANTO ANNOUNCES REVOCATION OF CEASE TRADE ORDER
Organto Foods Inc. has received a full revocation of a failure-to-file cease trade order (FFCTO) issued by the British Columbia Securities Commission, effective on Jan. 2, 2025. The FFCTO prohibited the trading by any person or company of any securities of the company in Canada, except pursuant to limited exceptions under the FFCTO.
The FFCTO was issued by the BCSC on July 16, 2024, due to the company's failure to file its annual audited financial statements, management discussion and analysis, and related officer certifications for the fiscal year ended Dec. 31, 2023, as well as the company's interim financial statements, management discussion and analysis, and related officer certifications for the three months ended March 31, 2024, as required under parts 4 and 5 of National Instrument 51-102, Continuous Disclosure Obligations, and pursuant to National Instrument 52-109, Certification of Disclosure in Issuer's Annual and Interim Filings. The company submitted the filings on Oct. 9, 2024, and Oct. 24, 2024, all of which are available for review on SEDAR+.
The company has submitted a written application to the TSX Venture Exchange in order to commence the process to reinstate trading of the company's common shares on the exchange.
About Organto Foods Inc.
Organto is an integrated provider of branded, private label and distributed organic and non-GMO (genetically modified organism) 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.
We seek Safe Harbor.
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