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Organto Foods Inc (2)
Symbol OGO
Shares Issued 34,318,382
Close 2025-03-12 C$ 0.09
Market Cap C$ 3,088,654
Recent Sedar Documents

Organto shareholders approve all matters at AGM

2025-03-12 18:07 ET - News Release

Mr. Steve Bromley reports

ORGANTO FOODS ANNOUNCES ANNUAL GENERAL MEETING RESULTS

Organto Foods Inc. has released the results of its annual general meeting of shareholders, which was held earlier today.

A total of 10,337,706 common shares, representing approximately 30.1 per cent of eligible outstanding shares, were voted at the meeting, with all matters receiving in excess of 99-per-cent support.

At the meeting, shareholders received the financial statements for the years ended Dec. 31, 2023, and 2022, together with the auditor's report thereon. In addition, shareholders elected five directors: Steve Bromley, Peter Damouni, Peter Gianulis, Alejandro Maldonado and Joe Riz. Mr. Damouni, Mr. Gianulis, Mr. Maldonado and Mr. Riz were elected as independent directors, representing 80.0 per cent of the directors elected to the board.

The shareholders also approved the appointment of Dale Matheson Carr-Hilton Labonte LLP, chartered professional accountants, as Organto's independent auditor for the ensuing year, and approved the company's share option and restricted share unit plans for continuation until the company's next annual general meeting.

About Organto Foods Inc.

Organto is an integrated provider of branded, private label, and distributed organic and non-genetically modified fruit and vegetable products using a strategic asset-light 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.

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