Organto Completes Fee Payment to Jaluca Limited

  • VANCOUVER, BC AND BREDA, THE NETHERLANDS / ACCESS Newswire / July 17, 2025 / Organto Foods Inc. (TSXV:OGO)(OTC PINK:OGOFF) ("Organto" or the "Company") announces that it has completed the issuance of a total of 4,380,000 common shares (the "Shares") to Jaluca Limited ("Jaluca") at a deemed issue price of $0.10 per share following receipt of disinterested shareholder approval and TSX Venture Exchange ("TSX-V") approval. As disclosed in the Company's March 20, 2025 and June 20, 2025 news releases, the Company retained Jaluca pursuant to a corporate finance advisory agreement to provide guidance and assistance in the negotiation and implementation of the overall restructuring of the Company, including the reduction of the Company's substantial debts and refinancing (see news release dated March 20, 2025) and the restructuring and settlement of its convertible debentures (see news release dated June 20, 2025).