VANCOUVER, British Columbia and KIBBUTZ YIFAT, Israel, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (TSX:BOIL) (OTCQB:BEOLF) (“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, announced that its common shares will commence trading on the Toronto Stock Exchange (“TSX”) as of the opening of trading today under the Company’s current trading symbol, “B ...

Core Insights - Beyond Oil Ltd. has appointed Michael Nemirow as President of North America to accelerate growth and scale operations in the region [1][2][3] - The company aims to enhance its market presence in North America, particularly the U.S., which is identified as a strategic growth market [2][3] - Nemirow's previous experience as a Strategic Advisor has been pivotal in shaping the company's North American go-to-market strategy [2][3] Company Strategy - The appointment of Nemirow reflects a sharpened focus on commercial activities, including sales, customer success, and distributor partnerships in North America [2] - Beyond Oil is already serving paying customers across the U.S. and has established a dedicated team for sales and customer success [3] - The company has launched pilot programs with prominent foodservice brands and secured a strategic partnership with West Coast Reduction Ltd. to enhance its commercial presence [2][3] Leadership and Experience - Michael Nemirow brings extensive experience from various sectors, including distribution and manufacturing, and has a proven track record in scaling businesses [4] - His leadership at Greenstar Plant Products, Inc. involved transforming the company and establishing it as a recognized manufacturer in the plant nutrients sector [4] - Nemirow's understanding of the company's product and market potential is expected to drive significant growth in North America [3][4] Company Overview - Beyond Oil Ltd. focuses on food-tech innovations aimed at reducing health risks associated with fried food while improving sustainability and reducing operational costs [7] - The company's patented technology addresses health concerns related to reused frying oil, which is prevalent in the food industry [7] - Beyond Oil's solutions are backed by extensive research highlighting their benefits in mitigating health risks and improving food quality [7]

Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food while lowering operational costs and enhancing sustainability [3] - The company has over 15 years of experience in creating solutions that mitigate health risks, reduce costs for food service companies, and improve sustainability [3] - Beyond Oil's patented technology has received regulatory clearances from the FDA and Health Canada, significantly reducing harmful compounds in frying oil [3] Industry Context - The company addresses a global issue in the food industry related to the widespread practice of reusing frying oil for hundreds of cycles, which is common in various food service settings [3] - The practice of reusing frying oil is linked to critical health concerns, including cancer and cardiovascular diseases, highlighting the importance of Beyond Oil's solutions [3] Upcoming Events - Management will participate in the Sidoti Small Cap Conference on September 17-18, 2025, and will present virtually on September 18 at approximately 8:30 a.m. Eastern Time [1][2] - A live webcast of the presentation will be available on the company's Investor Relations website [2]

Core Insights - Beyond Oil Ltd. reported a revenue increase of over 30 times compared to Q2 2024, driven by strong demand following its global launch in early 2025 [2][3] - The company's gross margin improved to 56.3%, up from 45.7% in the same period last year, indicating enhanced operational efficiency [3][5] - Net loss decreased by 43% year-over-year, with comprehensive loss down by 91%, reflecting better market adoption and operational improvements [3][5] Financial Performance - Revenue for Q2 2025 reached $1.1 million, compared to $35 thousand in Q2 2024 and $1.0 million in Q1 2025, showcasing ongoing commercial expansion [5] - Gross profit increased to $615 thousand in Q2 2025, a significant rise from $16 thousand in Q2 2024, with a gross profit margin of 56.3% [5] - Cash position strengthened to $12.9 million as of June 30, 2025, compared to $4.5 million at the end of Q1 2025 [5] Business Strategy - The company emphasizes building sustainable, long-term partnerships rather than pursuing short-term gains, which is expected to yield recurring revenue [3] - Significant investments are being made in sales and marketing initiatives in new territories to drive future growth [4] - The company is in advanced discussions with major food brands for strategic partnerships, which are anticipated to enhance its market presence [3] Recent Developments - Beyond Oil received conditional listing approval from the Toronto Stock Exchange for uplisting its common shares [9] - The company secured a supplier agreement with Sodexo Israel, expanding its reach in the catering services sector [9] - A new VP of Global Strategy was appointed to enhance international partnerships and accelerate global growth initiatives [9]

Core Insights - 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] - The company held its annual and special meeting on July 18, 2025, where 35.07% of outstanding shares were represented, and all items of business were approved by shareholders [1][2] Company Developments - The company has appointed Yaffa Brizinov to its board of directors, who brings extensive experience in enterprise IT and digital transformation [2] - Beyond Oil has applied to uplist its shares on the Toronto Stock Exchange and will provide updates as they become available [2] Technology and Market Position - Beyond Oil's patented technology significantly reduces harmful compounds in frying oil, addressing health concerns linked to reused frying oil, which is common in various food service settings [3] - The company's solutions aim to mitigate health risks associated with reused oil, which has been linked to cancer and cardiovascular diseases, while also improving food quality and reducing operational costs [3]

Core Insights - Beyond Oil Ltd. has engaged ICR, Inc. to enhance its investor relations and corporate communications in North America, reflecting the company's accelerating commercial momentum [1][5] - The agreement with ICR includes a monthly retainer of US$15,000 for a 12-month term, focusing on developing an annual investor relations plan and managing corporate communications [3] - Additionally, Beyond Oil has partnered with Gotlive Investor Relations Consulting for investor relations services in Israel, with a monthly retainer of 10,000 New Israeli Shekels [4][5] Company Overview - Beyond Oil Ltd. is a food-tech innovation company dedicated to reducing health risks associated with fried food while improving sustainability and lowering operational costs [1][6] - The company's patented technology significantly reduces harmful compounds in frying oil, addressing health concerns linked to reused oil, which is common in various food service settings [6] - Beyond Oil's solutions aim to mitigate health risks, improve food quality, and reduce environmental impact, supported by extensive research [6]

Core Viewpoint - Beyond Oil Ltd. has clarified its promotional activities in response to a review by the British Columbia Securities Commission, emphasizing its commitment to oversight and compliance in future marketing efforts [1][3][5]. Promotional Activities - German-language promotional materials referencing Beyond Oil were published by BullVestor Medien GmbH from January 2025 until May 8, 2025 [2]. - The content was removed due to concerns about its overly promotional nature and lack of company oversight [3]. Company Response - Beyond Oil has implemented additional internal controls and policies to ensure proper oversight of future promotional activities, whether conducted directly or through third parties [4]. - The company cooperated fully with the BCSC review and disclosed that the Media Provider received approximately EUR250,000 for media-buying and related services [5]. Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on creating solutions to mitigate health risks, improve sustainability, and reduce costs for food service companies [6]. - The company's patented technology significantly reduces harmful compounds in frying oil, addressing health concerns linked to reused frying oil, which is common in various food service settings [6]. - Beyond Oil's product aims to improve food quality, operational cost savings, and reduce environmental impact while tackling critical health risks associated with reused oil [6].

Core Insights - The first quarter of 2025 for Beyond Oil Ltd. saw record revenues of US$1.01 million, marking a 660% year-over-year growth and 216% sequential growth from Q4 2024, driven by global commercialization efforts and market adoption [2][4]. Financial Highlights - Revenue increased to $1.01 million in Q1 2025 from $0.13 million in Q1 2024, and $0.32 million in Q4 2024, surpassing the total revenue for the entire financial year 2024 [4]. - Gross profit rose to $513 thousand in Q1 2025, a 1176% increase from $41 thousand in Q1 2024, and a 266% increase from $140 thousand in Q4 2024 [4]. - Cash position improved to $4.49 million as of March 31, 2025, a 24% increase from $3.62 million as of December 31, 2024 [4]. - Operating expenses were $2.21 million in Q1 2025, up from $0.75 million in Q1 2024, reflecting strategic investments in global expansion and marketing [4]. - Net loss for Q1 2025 was $11.01 million, compared to $0.71 million in Q1 2024, primarily due to non-cash expenses [4]. Strategic Developments - The company announced a C$10.64 million private placement led by Clal Insurance, aimed at supporting growth initiatives, which was completed in Q2 2025 [4]. - Approximately C$7.2 million was raised through warrant exercises, indicating strong investor confidence [4]. - A Master Distribution Agreement was executed with Latitude Ltd. for the U.S. market, with initial shipments already completed [5][4]. Market Expansion - Beyond Oil expanded its distribution network in Europe with new agreements in multiple countries including the Netherlands, France, Spain, Hungary, Belgium, Portugal, Sweden, and Greece [8]. - The company entered into a five-year distribution agreement in Australia and a distribution agreement in India, further enhancing its global market presence [8].

Core Viewpoint - Beyond Oil Ltd. successfully closed a brokered private placement, raising gross proceeds of C$10,641,615.60, which will be used to support global expansion initiatives and enhance product distribution [1][3]. Group 1: Investment Details - The private placement was led by Clal Insurance Company Ltd., a major institutional investor in Israel, along with an Israeli-based investment fund [2]. - A total of 3,042,200 units were issued at a price of C$3.498 per unit, with each unit consisting of one common share and warrants [3][9]. - The company paid aggregate cash compensation of C$224,641.56 in connection with the offering [4]. Group 2: Strategic Implications - The investment from Clal validates Beyond Oil's technology and business model, providing necessary capital for expansion [3]. - Beyond Oil has committed to completing an uplisting to a senior exchange in Canada or the United States within the next six months [6]. Group 3: Company Overview - Beyond Oil Ltd. focuses on food-tech innovations aimed at reducing health risks associated with fried food, improving sustainability, and lowering operational costs [1][7]. - The company's patented technology significantly reduces harmful compounds in frying oil, addressing health concerns linked to reused oil in various food service settings [7].

Core Insights - Beyond Oil Ltd. has received C$2.166 million from the exercise of 1,836,766 warrants by the Or family, contributing to a total of C$7,007,043.12 in warrant exercise proceeds since January 1, 2025 [1][3] - Clal Financial Management has purchased the resulting common shares from the Or family at C$3.498 per share, totaling C$6,421,509.47 [2] - The company expects to close a brokered private placement of up to C$10.85 million, led by Clal, by May 20, 2025 [3] Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food while enhancing sustainability and lowering operational costs [4] - The company's patented technology significantly reduces harmful compounds in frying oil, addressing health concerns linked to reused frying oil, which is common in various food service settings [4] - Beyond Oil's solutions aim to mitigate health risks, improve food quality, and reduce environmental impact, backed by extensive research [4]