Beyond Oil Announces Non-Brokered Private Placement

Beyond Oil Ltd. (CSE:BOIL)(OTCQB:BEOLF), a food-tech innovation company, has announced a non-brokered private placement of up to 2,380,952 units at C$1.05 per unit, aiming to raise C$2.5 million in gross proceeds.

Each unit includes one common share and one-half of a share purchase warrant. The warrant grants the right to purchase a share at C$1.75 for one year post-closing. Proceeds will be used for general corporate purposes.

The company may provide a 6% cash commission and warrants to eligible participants. All securities are subject to a hold period of four months and one day. Insiders may participate up to 15% of the offering. The closing is conditioned upon regulatory approvals, including CSE acceptance.

Securities issued in this offering are not registered under the U.S. Securities Act and cannot be sold in the U.S. without proper registration or exemption.