Feb 18 (Reuters) - Organic Garage Ltd OG.V :
* ORGANIC GARAGE ANNOUNCES EXECUTION OF DEFINITIVE AGREEMENT FOR THE ACQUISITION OF PLANT-BASED CHEESE COMPANY
* ORGANIC GARAGE LTD - UNDER TERMS, CO WILL ACQUIRE ALL OF ISSUED AND OUTSTANDING SHARES OF FOC BY ISSUING 13.3 MILLION COMMON SHARES TO SHAREHOLDERS OF FOC
* ORGANIC GARAGE LTD - 690,000 COMMON SHARES WILL ALSO BE ISSUED TO AN ARM'S LENGTH FINDER IN CONNECTION WITH ACQUISITION
* ORGANIC GARAGE LTD - PURSUANT TO TERMS OF DEFINITIVE AGREEMENT, RESULTING COMPANY INTENDS TO CHANGE ITS NAME TO " FUTURE OF CHEESE INC."
* ORGANIC GARAGE LTD - FUTURE OF CHEESE INC., WILL REMAIN A WHOLLY OWNED SUBSIDIARY OF ORGANIC GARAGE
* ORGANIC GARAGE - CURRENT DIRECTORS & OFFICERS OF FOC, CRAIG HARDING, JENNIFER WOJTASZEK, WILL REMAIN IN THEIR RESPECTIVE ROLES FOLLOWING COMPLETION