Beyond Oil Announces Non-Brokered Private Placement

Beyond Oil Ltd. (CSE: BOIL)(OTCQB: BEOLF), a company focused on food-tech innovations, has revealed its plan for a non-brokered private placement. The company aims to issue up to 1.8 million common shares at a price of C$1.50 each, targeting a total of C$2.7 million in gross proceeds.

The proceeds from this offering will be used for general corporate purposes. Eligible participants may receive a 6% cash commission. Issued securities will have a hold period of four months and one day, adhering to applicable laws. The completion of the offering is contingent on receiving customary approvals, including from the CSE.

The securities for this offering are not registered under the U.S. Securities Act of 1933 and are restricted from being offered or sold in the U.S. without proper registration or exemption.