New Agreement Secures US$150,000 Licensing Fee Revenue for 2025–2026; Initial product order of 10.8T has already been placedVANCOUVER, BC and KIBBUTZ YIFAT, Israel, May 29, 2025 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) ("Beyond Oil" or the "Company"), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, is pleased to announce that it has signed an e ...

Core Insights - Beyond Oil Ltd. has successfully raised C$4,497,304.66 from the exercise of 3,399,271 warrants, indicating strong investor confidence and financial support for its global growth strategy [1][2][3] Financial Performance - The proceeds from the warrant exercises will bolster the company's financial position and support its expansion efforts, which have included new distribution agreements and product shipments [2][3] Business Development - Beyond Oil has secured Burger King Israel as an official customer following a successful pilot program, although this does not grant an exclusive agreement with Restaurant Brands International [4][5] - The company has expanded its US team by adding four members with significant industry experience, enhancing its operational capabilities and market penetration efforts [6] Product and Technology - Beyond Oil focuses on reducing health risks associated with reused frying oil, which is prevalent in the food service industry, and its patented technology has received regulatory clearances from the FDA and Health Canada [7]