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May 12, 2022, 7:33 a.m. EDT

ORAGIN’s Plant-Based Cheese Brand ‘Future of Cheese’ Obtains Organic Certification Recognized by Canadian, US and EU Regulatory Bodies

Future of Cheese products have been audited and issued Organic Certification allowing for national sales to commence in Canada, the United States and EU markets.

TORONTO, (BUSINESS WIRE) -- ORAGIN Foods Inc. (“ ORAGIN ” or the “ Company ”) ( TSXV: OG ) ( OTCQX: OGGFF ) ( FRA: 9CW ) is excited to announce that its wholly owned subsidiary, Future of Cheese Inc. (“Future of Cheese” or the “Company”), has obtained Organic Certification through Ecocert allowing the Company to market Organic claims on its products in the Canadian, United States and European Union markets. Through Ecocert, the Company’s products have been certified in accordance with the terms of Canadian Organic Regime (CRO), the US - Canada Organic Equivalency Arrangement (USCOEA), and the European Union- Canada Organic Equivalency Arrangement (EUCOEA).

“This is a huge milestone for us and the shareholders of ORAGIN as it means that not only are our products recognized by an international regulatory body to be of the highest quality by using organic ingredients but also ensures the absence of GMO, chemical and synthetic ingredients, further proving our commitment to health, wellness and the protection of our environment,” stated Jen Wojtaszek, President of Future of Cheese. “Additionally, we have now been officially granted the green light to proudly market these claims in various international markets as we plan for our anticipated ecommerce launch.”

Ecocert has an international network in more than 130 countries to verify the conformity of practices with Organic specifications. The entire supply chain is audited, from the raw material to the finished product. Ecocert carries out at least one annual on-site inspection, supplemented by additional unannounced audits during the year. The audit reports are then independently verified in order to certify organic products.

In addition, the certification will allow the Company to expand into retail chains that have strict organic, non-GMO, and sustainable policies on any products they offer to their trusted customer bases.

About ORAGIN Foods

ORAGIN Foods Inc. /zigman2/quotes/205617165/delayed CA:OG 0.00% (otcqx:OGGFF) (fra:9CW) is a Canadian multi-pronged food company, where new and innovative food and beverage brands are developed, acquired, grown and commercialized through a Consumer Packaged Goods (CPG) Division. The company also houses 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.com .

About Future of Cheese

The Future of Cheese Inc. is a Canadian plant-based cheese innovator and manufacturer led by one of the world's best and recognized cheese makers, along with one of Canada's top chefs, and supported by a team of science minds and sustainability experts. Utilizing unique aging and manufacturing processes, a well-established distribution network and high-profile marketing channels, the Company is set 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 .

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-looking Statements

This news 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 present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "may", "will", "project", "should" or similar words, including negatives thereof, suggesting future outcomes.

Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of Oragin Foods Inc. (“Oragin”), that may cause the actual results, level of activity, performance or achievements of Oragin to be materially different from those expressed or implied by such forward looking statements. Although Oragin has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Oragin’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, Oragin assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220512005400/en/

SOURCE: ORAGIN Foods Inc.

Bill Mitoulas
T: (416) 479-9547
E: ir@oragin.com
W: www.oragin.com

COMTEX_407091814/2456/2022-05-12T07:33:19

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Copyright Business Wire 2022

/zigman2/quotes/205617165/delayed
CA : Canada: TSX Venture
$ 0.12
0.00 0.00%
Volume: 6,910
Aug. 9, 2022 11:08a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$7.11 million
Rev. per Employee
$195,438
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