Beyond Oil Announces Voting Results of Annual and Special Meeting of Shareholders

VANCOUVER, B.C. and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / April 26, 2024 – Beyond Oil Ltd., a company focusing on food-tech innovations that extend the lifespan of frying oil, recently disclosed the outcomes of its annual and special meeting of shareholders held on April 25, 2024. The company, which trades under the tickers CSE:BOIL and OTCQB:BEOLF, reported that 54.83% of its outstanding shares were represented at the meeting.

During the meeting, shareholders approved all agenda items, which included electing directors, appointing an auditor for the upcoming year, and approving amendments to the Company's equity incentive plan and deferred purchase price agreement. Additionally, extensions for the expiry dates of certain company warrants received the necessary approval, including the "minority approval" required for special transactions under the applicable regulatory instrument.