VANCOUVER, British Columbia and KIBBUTZ YIFAT, Israel, Sept. 30, 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, enhancing sustainability, and improving food quality and West Coast Reduction Ltd. (“WCRL”), Western Canada’s largest used cooking oil collection, recycling and rendering company, toda ...

Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried foods while enhancing sustainability and lowering operational costs [6][7] - The company has developed patented technology that significantly reduces harmful compounds in frying oil, addressing critical health concerns related to reused frying oil [7] Health Risks and Findings - A Medical Opinion by Professor Dr. Ilan Ron highlights the health risks associated with repeated use of frying oil, including the formation of hazardous chemical byproducts that can lead to various cancers, particularly gastrointestinal cancers [2][4] - The Medical Opinion specifically identifies acrylamide as a hazardous compound formed during frying, which has the potential to cause gastrointestinal inflammation and carcinogenesis [3][4] - Controlled experiments demonstrated that Beyond Oil's product effectively preserves critical parameters in frying oil, such as total polar materials (TPM), free fatty acids (FFA), acrylamide (AA), polycyclic aromatic hydrocarbons (PAHs), and oxidation levels, even after multiple frying cycles [5][6] Recommendations and Implications - The findings suggest a strong rationale for integrating Beyond Oil's technology in high-risk settings, such as schools, hospitals, and industrial kitchens, to mitigate exposure to carcinogens [5] - The company aims to improve global food safety and enhance the well-being of consumers and kitchen workers by addressing the health hazards associated with reused frying oils [5][6]

Core Viewpoint - Eat & Beyond Global Holdings Inc. is proposing a name change to "Digital Asset Technologies Inc." to reflect its strategic shift towards digital and blockchain technologies while continuing to invest in innovative businesses [2][4]. Proposed Name Change - The name change is subject to shareholder approval and aims to better represent the company's focus on emerging digital technologies [2][4]. - The trading symbol on the Canadian Securities Exchange will change to "DATT" upon completion of the name change [3]. Updates to Investment Policy - The company has historically focused on food technology and sustainability investments, which will remain part of its foundation [5]. - The updated Investment Policy now includes a focus on blockchain and related technologies, targeting investments in AI, Blockchain, Web3, Fintech, and ICT sectors [5][6]. - The company aims to support ventures that demonstrate solid technical foundations, ethical practices, and long-term societal benefits [5]. Investment Strategy - The company is committed to identifying ventures that combine technological advancement with practical impact, targeting both early-stage and growth-stage investments [6]. - The focus includes real-world asset tokenization, decentralized infrastructure, and advanced trading analytics [10].