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Beyond Oil Announces Conditional Approval of Uplisting to the Toronto Stock Exchange
Globenewswire· 2025-08-25 12:00
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 has over 15 years of experience in creating solutions that mitigate health risks, improve sustainability, and reduce costs for food service companies [4] - Beyond Oil's patented technology has received regulatory clearances from the FDA and Health Canada, significantly reducing harmful compounds in frying oil [4] Recent Developments - Beyond Oil has received conditional approval from the Toronto Stock Exchange (TSX) for the uplisting of its common shares, which is seen as a significant milestone for the company [1][2] - The uplisting is expected to enhance access to institutional investors and capital markets, supporting the company's global expansion efforts [2] - Final approval of the listing is contingent upon the company meeting all TSX requirements, and the common shares will be delisted from the Canadian Securities Exchange upon completion [3] Market Position and Strategy - Beyond Oil aims to establish its technology as the global standard in frying operations, addressing critical health concerns linked to the reuse of frying oil [2][4] - The company is positioned to drive widespread adoption of its technology across influential foodservice brands globally [2] - Beyond Oil's solutions tackle a global issue in the food industry, particularly the practice of reusing frying oil, which is common in various food service settings [4]
Beyond Oil Strengthens Leadership with the Addition of Giora BarDea, Former CEO of Strauss Group
Globenewswire· 2025-07-09 12:30
Core Insights - Beyond Oil Ltd. has appointed Giora BarDea as VP of Global Strategy to enhance its global growth strategy in the foodservice and food industries [1][2][3] Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, lowering operational costs, minimizing waste, and enhancing sustainability [1][5] - The company has developed patented technology that significantly reduces harmful compounds in frying oil, addressing health concerns linked to reused oil [5] Leadership Appointment - Giora BarDea brings over 30 years of leadership experience in the food and beverage industry, including significant roles at Strauss Group, where he expanded its global footprint [2][4] - His appointment is expected to strengthen Beyond Oil's leadership team and support its ambitious growth strategy [2][3] Strategic Focus - In his new role, BarDea will concentrate on long-term strategic planning, expanding international partnerships, and strengthening the distribution network [1][2] - The company aims to scale its impact across the global food sector by leveraging BarDea's expertise in operational efficiency and sustainability [3][4]