Organic Garage Provides Corporate Update



Organic Garage Ltd.

Toronto, Canada / TheNewswire / May 17, 2017 - Organic Garage Ltd. (TSX-V:OG) (“the “Company”), today provided an update on its recent corporate activities.

On April 13, 2017, the Company’s common shares commenced trading on the TSX-V as a Tier 1 Issuer, which is reserved for the TSX-V’s most advanced issuers with the most significant financial resources. The Company has been extremely pleased with the team at the TMX throughout this process and will continue to work closely with the exchange and associated IR and PR resources to ensure maximum shareholder value is achieved.

Organic Garage has been selected by the TSX to open the market on Tuesday May 23, 2017.

The Company is also pleased to provide an update on the progress at its newest location currently being completed in Toronto’s west-end Junction neighbourhood. Construction is now complete and merchandising and finishing is underway. The Company anticipates a June 21, 2017 opening. Store planning has also commenced for the Company’s future Leaside location, northeast of Toronto’s downtown core.

The Company has engaged Paracom Realty Corporation to actively pursue sites for new store locations in the Toronto Market. Jordan Karp, SVP Retail Advisory services at Paracom Realty commented, “We are thrilled to be representing Organic Garage. We firmly believe Organic Garage is a real game changer in the specialty grocer category whose brand and wide range of competitively priced organic products will dramatically enhance the retail landscape of every property and neighbourhood they choose to invest in.”

The Company recently participated in the Green Living Show in Toronto, April 7 – 9, 2017, considered Canada’s largest “green” themed trade show. Organic Garage represented 18 vendors at the show, which attracted more than 32,000+ attendees over the three-day period. The Company is focused on expanding its trade show program, which is a profitable marketing initiative.  

About Organic Garage Ltd.

Organic Garage (TSX-V:OG) is one of Canada’s leading independent organic grocers committed to offering its customers a wide selection of healthy and natural products at everyday affordable prices. The company’s stores are in prime retail locations designed to give customers an inclusive, unique and value-focused grocery shopping experience. Founded in 2005 by a fourth generation grocer, Organic Garage is headquartered in Toronto and operates a highly efficient supply chain through its centralized distribution centre. The company is focused on continuing to expand its retail footprint within the Greater Toronto Area. For more information please visit the Organic Garage website at www.organicgarage.com.

For further information please contact:

Evan Clifford, Director

T: (416) 201-9390

E: investor_relations@organicgarage.com

W: www.organicgarage.com

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS 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 Organic Garage, that may cause the actual results, level of activity, performance or achievements of Organic Garage to be materially different from those expressed or implied by such forward looking statements, including but not limited to: the use of proceeds of the offering, receipt of all necessary approvals of the offering, general business, economic, competitive, political and social uncertainties; negotiation uncertainties and other risks of the grocery industry. Although Organic Garage 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 Organic Garage'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, neither Organic Garage assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.