News
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PRESS RELEASE
Beyond Oil Closes Final Tranche of Non-Brokered Private Placement With Lead Order from West Coast Reduction Ltd.
Beyond Oil Ltd. (CSE:BOIL)(OTCQB:BEOLF) has successfully closed the second and final tranche of its non-brokered private placement, raising an aggregate of C$2,635,642.50 at C$0.75 per unit. The funding will further position Beyond Oil for its strategic objectives in the food-tech industry. The net proceeds raised will be used for general corporate purposes, and the Company has also approved the grant of options to acquire shares. Beyond Oil's innovative product extends the usable life of frying oil, reduces costs, and ensures food safety. The Company has received certifications from the US Food & Drug Administration and Health Canada, and is permitted to sell its product in the Israeli market. For more information, visit the Beyond Oil website at www.beyondoil.co. -
PRESS RELEASE
Beyond Oil Enters Into Strategic Opportunities & Distribution Agreement with West Coast Reduction Ltd.
Beyond Oil Ltd. and West Coast Reduction Ltd. have entered into a Strategic Opportunities & Distribution Agreement, allowing WCRL to market and sell Beyond Oil's products in Canada and Washington State. The agreement includes distribution rights for food service and the industrial food industry, as well as collaboration on research and development programs. The innovative Beyond Oil Product is designed to extend the usable life of frying oil, improve product quality, and reduce health risks, while also offering potential cost-savings and sustainable impact. The Product is patent-protected and has received necessary regulatory approvals, making it a promising solution for the food industry. This partnership signifies a significant development in extending the reach of Beyond Oil's innovative solutions in North America. -
PRESS RELEASE
Beyond Oil Strengthens Leadership Team with Appointment of Michael Nemirow as Strategic Advisor
Beyond Oil Ltd. appoints Michael Nemirow as Strategic Advisor to lead the Company's expansion in North America. Nemirow's extensive experience in business development and scaling businesses aligns perfectly with Beyond Oil's growth objectives. The appointment underscores the company's commitment to assembling a high-caliber team dedicated to advancing its innovative solutions and contributing to a more sustainable future. -
PRESS RELEASE
Beyond Oil Outlines 2023 Year in Review
Beyond Oil Ltd., a food-tech innovation company focused on extending the life of frying oil while reducing costs, waste, and health risks, is set to leverage its success in 2023 and accelerate growth in 2024. The company has achieved significant milestones, including exceptional product performance, a growing customer base, robust production capabilities, and validation from university and hospital experts. Beyond Oil has gained the interest of top global food chains, fried food manufacturers, and potential strategic distributors. The company plans to expand -
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PRESS RELEASE
Beyond Oil Announces Non-Brokered Private Placement