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 - Pilpel Hungary Kft. has become the exclusive distributor of Beyond Oil's products in Hungary, Austria, the Czech Republic, and Slovakia, with an initial order of 10,800 kg [1][3]. Distribution Agreements - The exclusive distribution rights are effective from September 4, 2025, for an initial term of five years, with automatic renewal options based on minimum purchase requirements [2]. - Pilpel is required to purchase a minimum of 75,600 kg in 2026, with increasing volume commitments throughout the agreement to maintain exclusivity [3]. - An annual royalty of 5% on total sales of Beyond Oil products to end users in the Territories will be paid by Pilpel to Beyond Oil [3]. Leadership and Operations - Pilpel has appointed a dedicated leadership team to manage the partnership, leveraging its established sales organization and logistics network to introduce Beyond Oil products [4]. - Pilpel currently supplies over 1,000 foodservice accounts in Hungary and is expanding operations across Central Europe [4]. Strategic Alignment - The partnership reflects Beyond Oil's strategy to align with exclusive partners capable of delivering sustainable long-term growth in Europe [5]. - Beyond Oil's CEO emphasized the validation of their technology and value proposition through this partnership with a leading European culinary company [6]. Company Background - Pilpel Hungary Kft. is a prominent culinary and food distribution company in Europe, offering a wide range of high-quality products [9]. - Beyond Oil Ltd. focuses on food-tech innovations aimed at reducing health risks associated with frying oil, with regulatory clearances from the FDA and Health Canada [10].

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 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 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 raised C$4,497,304.66 from the exercise of 3,399,271 warrants since January 1, 2025, indicating strong investor confidence and support for the company's growth strategy [1][3] - The company is expanding its global presence through new distribution agreements and product shipments, with a focus on international markets [2] - Beyond Oil has secured Burger King Israel as an official customer following a successful pilot program, although this does not grant exclusivity with Restaurant Brands International [4][5] Financial Position - The recent warrant exercises, combined with C$1.77 million raised from previous exercises, enhance the company's financial position for further expansion [3] Team Expansion - Beyond Oil has expanded its US team by adding four new members with industry-specific experience, which is expected to enhance the company's market penetration and pilot launches [6] Product and Technology - Beyond Oil's patented technology aims to reduce health risks associated with reused frying oil, addressing significant health concerns linked to cancer and cardiovascular diseases [7] - The company's solutions also focus on improving food quality, reducing operational costs, and minimizing environmental impact [7]