An undisclosed buyer entered into a definitive agreement to acquire Organto Europe BV and Fresh Organic Choice B.V. and BeeOrganic BV from Organto Foods Inc. (TSXV:OGO) for ?1 on June 5, 2024.

Completion of the transaction is subject to certain customary conditions, including the final acceptance by the TSX Venture Exchange and received the conditional approval from the TSX Venture Exchange.

Evans & Evans, Inc. acted as fairness opinion provider to Organto Foods Inc.