Following the successful launch of the company’s first plant-based CPG brand, Future of Cheese, and the continued year-over-year growth of the company’s Organic Garage retailer, the parent company changed its name for ORAGIN Foods Inc. and will now evolve both its Retail division and its CPG division, each with the resources and expertise to provide streamlined growth and expansion for both areas of the business.

TORONTO, February 22, 2022–(BUSINESS WIRE)–Oragin Foods Inc., (formerly Organic Garage Ltd.) (TSXV:OG) (OTCQX: OGGFF) (ENG: 9CW1) (“ORIGIN“or the”Company“) is pleased to announce that it has changed the company name from Organic Garage Ltd. to ORAGIN Foods Inc. This follows the successful growth of its retailer Organic Garage, one of the leading independent organic grocers in the Canada, and the company’s newly acquired plant Cheese company Future of Cheese, which successfully launched its first product line in the last quarter of 2021 and garnered tremendous consumer interest and popularity, including its latest product, a plant-based ripened brie, which was recently named “the most realistic in the world. Vegan Brie!” – by US-based VegNews.

“This is a very exciting time for our company and our shareholders as we move towards ORAGIN,” said Matt Lurie, President of ORAGIN. “Our vertically integrated ecosystem will allow us to develop, acquire and market new and existing CPG brands, led by what we consider to be some of the brightest minds in the industry, and put those products directly into the hands consumers through our own wholly-owned retail outlets, as well as through third-party distributors and retailers worldwide.”

The company plans to allocate additional resources, capital and expertise to the rapidly growing CPG side of the business, with a focus on the U.S. retail and herbal market, as part of of a new CPG division which will be operated through a wholly owned subsidiary and will include the Company’s existing plant-based brand, Future of Cheese. The Company also plans to continue the expansion of Organic Garage, its wholly-owned retail subsidiary.

The story continues

At the opening of business on February 24, 2022, the common shares of the Company will begin trading under the new name ORAGIN FOODS INC. The Company’s stock symbols “OG” and “OGGFF” will remain unchanged. The Company’s new CUSIP number will be 684022106 and its new ISIN number will be CA6840221064. Shareholders will not be required to exchange existing share certificates for new certificates bearing the new name of the Company. The name change does not affect the share structure of the Company or the rights of shareholders of the Company, and no further action is required from existing shareholders.

This press release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States. The Securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “United States Securities Act”) or any state securities law and may not be offered or sold in the United States or to US persons unless registered under United States securities law and applicable state securities laws or an exemption from such registration is available.

About Oragin Foods Inc.

Oragin Foods Inc. (TSXV: OG) (OTCQX: OGGFF) (FRA: 9CW1) is a multi-pronged Canadian food company, where innovative new food and beverage brands are developed, acquired, grown and marketed through a consumer packaged goods (CPG) group, the company is also home to a retail division, which owns and operates one of Canada’s leading natural and organic food retailers, Organic Garage. For more information, please visit the Oragin website at www.oragin.webflow.io.

About the future of cheese

The Future of Cheese Inc is a Canadian plant-based cheese innovator and maker led by one of the world’s recognized top cheesemakers, as well as one of Canada’s top chefs, and supported by a team of scientific minds and experts. sustainability experts. Utilizing unique aging and manufacturing processes, a well-established distribution network and industry-leading marketing channels, the company is poised to disrupt the rapidly growing plant-based dairy alternatives market, paving the way for the future of plant-based dairy alternatives! For more information, please visit the Future of Cheese website at www.futureofcheese.com.

About Garage Bio

Organic Garage is one of Canada’s leading independent organic grocers and is committed to providing customers with a wide selection of healthy, natural products at everyday affordable prices. The Company’s stores are located in premier retail locations designed to provide customers with an inclusive, unique and value-driven grocery experience. Founded in 2005 by a fourth-generation grocer, Organic Garage is headquartered in Toronto. The company is focused on continuing to expand its business footprint in the Greater Toronto Area. For more information, please visit the Organic Garage website at www.organicgarage.com.

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 release.

Caution Regarding Forward-Looking Statements

This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of current or historical facts are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “may”, “believe”, “plan”, “intend”, “objective”, “continuing”, “in progress”, “estimate”, “prospect”, “expect”, “may”, “will”, “plan”, “should” or similar words, including their negative forms, suggesting future results.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control, which may cause actual results, level of activity, performance or achievements of the Company are materially different from those expressed or implied by such forward-looking statements. In this press release, the Company makes forward-looking statements regarding, including, but not limited to: the date on which trading will commence under the name; actions that must or must not be taken by existing shareholders; the intended direction and business plan of the Company, including the expansion of the Company’s business to include CPG, and related matters, such as resource allocation and growth, and their impact on the Company . Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause results not to be those anticipated, estimated or expected.

Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, some of which are described here. These forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the actual performance and results of the Company to differ materially from the projections of future performance or results expressed or implied by these forward-looking statements. All forward-looking statements are made as of the date hereof and, except as required by law, the Company undertakes no obligation to publicly update or revise such statements to reflect new information, whether subsequent or not.

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contacts

Bill Mitoulas
Phone. : (416) 479-9547
E: [email protected]