Beyond Oil Announces Meeting of Shareholders
Globenewswire·2026-02-23 13:00

Core Viewpoint - Beyond Oil Ltd. is focused on food-tech innovations aimed at reducing health risks associated with fried food while enhancing sustainability and operational efficiency [1][3]. Company Overview - Beyond Oil Ltd. is dedicated to creating solutions that mitigate health risks, reduce costs for food service companies, and improve sustainability [3]. - The company's patented technology has received regulatory clearances from the FDA and Health Canada, significantly reducing harmful compounds in frying oil [3]. - Beyond Oil addresses the widespread practice of reusing frying oil, which is common in various food service settings, including restaurants, hotels, and institutions [3]. - The product is backed by extensive research highlighting its effectiveness in reducing health risks linked to reused oil, such as cancer and cardiovascular diseases [3]. - Additional benefits of Beyond Oil's solution include improved food quality, operational cost savings, and reduced environmental impact [3]. Upcoming Shareholder Meeting - Beyond Oil will hold a Special Meeting of Shareholders on March 12, 2026, at 8:00 a.m. Pacific time [1]. - The meeting will discuss the company's intention to transition from the Business Corporations Act (British Columbia) to the Ontario Business Corporations Act for administrative purposes, pending shareholder approval [2].