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]

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 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].

Beyond Oil Receives C$2.166M in Warrant Exercise Proceeds from 1,836,766 WarrantsVANCOUVER, BC and KIBBUTZ YIFAT, Israel, May 12, 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, today announced that members of the Or family have exercised a total of 1,836,766 warrant ...