Beyond Oil Announces Conditional Approval of Uplisting to the Toronto Stock Exchange
Beyond Oil (OTCQB:BEOLF), a food-tech innovation company, has received conditional approval to uplist its common shares from the Canadian Securities Exchange to the Toronto Stock Exchange (TSX). The company, which develops technology to reduce health risks in fried food while improving operational efficiency, views this as a significant milestone to enhance access to institutional investors and capital markets.
CEO Jonathan Or highlighted this achievement as reflective of the company's progress in food-tech innovation, noting their patented technology's adoption in North America and plans for global expansion. The uplisting process awaits final TSX approval, with no required action from current shareholders as the trading symbol and CUSIP will remain unchanged.
Beyond Oil (OTCQB:BEOLF), società attiva nel food-tech, ha ottenuto l'approvazione condizionata per trasferire le proprie azioni ordinarie dalla Canadian Securities Exchange alla Toronto Stock Exchange (TSX). L'azienda, che sviluppa tecnologie per ridurre i rischi per la salute nei cibi fritti migliorando al contempo l'efficienza operativa, considera questa tappa un passo importante per favorire l'accesso a investitori istituzionali e ai mercati dei capitali.
Il CEO Jonathan Or ha sottolineato che il risultato riflette i progressi nell'innovazione food-tech dell'azienda, citando l'adozione della tecnologia brevettata in Nord America e i piani di espansione globale. L'operazione è soggetta all'approvazione finale della TSX e non richiederà alcuna azione da parte degli azionisti attuali: simbolo di negoziazione e CUSIP rimarranno invariati.
Beyond Oil (OTCQB:BEOLF), una empresa de tecnología alimentaria, ha recibido la aprobación condicional para trasladar sus acciones ordinarias desde la Canadian Securities Exchange a la Toronto Stock Exchange (TSX). La compañía, que desarrolla tecnología para reducir los riesgos sanitarios de los alimentos fritos y mejorar la eficiencia operativa, considera este avance un hito importante para acceder a inversores institucionales y a los mercados de capitales.
El CEO Jonathan Or destacó que este logro refleja el progreso en la innovación food-tech de la empresa, mencionando la adopción de su tecnología patentada en Norteamérica y sus planes de expansión global. El proceso de uplisting está pendiente de la aprobación final de la TSX y no exige ninguna acción por parte de los accionistas actuales: el símbolo de cotización y el CUSIP permanecerán igual.
Beyond Oil (OTCQB:BEOLF)는 푸드테크 기업으로서 보통주를 Canadian Securities Exchange에서 Toronto Stock Exchange (TSX)로 이전하기 위한 조건부 승인을 받았습니다. 이 회사는 튀긴 음식의 건강 위험을 줄이면서 운영 효율을 높이는 기술을 개발하며, 이를 통해 기관 투자자와 자본시장 접근성을 강화하는 중요한 이정표로 보고 있습니다.
CEO Jonathan Or는 이번 성과가 회사의 푸드테크 혁신 진전을 반영한다고 강조하며, 자사 특허 기술이 북미에서 채택되었고 전 세계 확장 계획이 있다고 밝혔습니다. 최종 TSX 승인을 기다리고 있으며, 현재 주주가 별도로 취해야 할 조치는 없고 거래 심볼과 CUSIP은 변경되지 않습니다.
Beyond Oil (OTCQB:BEOLF), une société d'innovation food-tech, a obtenu l'approbation conditionnelle pour transférer ses actions ordinaires de la Canadian Securities Exchange à la Toronto Stock Exchange (TSX). L'entreprise, qui développe des technologies visant à réduire les risques sanitaires des aliments frits tout en améliorant l'efficacité opérationnelle, considère cette étape comme un jalon majeur pour faciliter l'accès aux investisseurs institutionnels et aux marchés de capitaux.
Le PDG Jonathan Or a souligné que cet accomplissement reflète les progrès de l'entreprise en matière d'innovation food-tech, mentionnant l'adoption de sa technologie brevetée en Amérique du Nord et ses projets d'expansion mondiale. Le processus d'inscription est soumis à l'approbation finale de la TSX; aucune action n'est requise de la part des actionnaires actuels, le symbole de cotation et le CUSIP restant inchangés.
Beyond Oil (OTCQB:BEOLF), ein Food-Tech-Unternehmen, hat die bedingte Genehmigung erhalten, seine Stammaktien von der Canadian Securities Exchange an die Toronto Stock Exchange (TSX) zu verlagern. Das Unternehmen, das Technologien entwickelt, um Gesundheitsrisiken bei frittierten Lebensmitteln zu verringern und gleichzeitig die operative Effizienz zu steigern, sieht dies als wichtigen Meilenstein zur besseren Erschließung institutioneller Investoren und der Kapitalmärkte.
CEO Jonathan Or hob hervor, dass dieser Erfolg den Fortschritt der Food-Tech-Innovation des Unternehmens widerspiegele, verwies auf die Einführung der patentierten Technologie in Nordamerika und auf Pläne zur globalen Expansion. Der Uplisting-Prozess steht noch unter dem Vorbehalt der endgültigen TSX-Zulassung; bestehende Aktionäre müssen nichts unternehmen, und das Handelssymbol sowie die CUSIP bleiben unverändert.
- Uplisting to TSX provides enhanced access to institutional investors and capital markets
- Company's technology already serving customers in North America
- No action required from shareholders for the uplisting process
- Final TSX approval still pending and subject to conditions
VANCOUVER, British Columbia and KIBBUTZ YIFAT, Israel, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (CSE: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, is pleased to announce that it has received conditional approval from the Toronto Stock Exchange ("TSX") in connection with the uplisting of its common shares (the "Common Shares") to the TSX.
"Uplisting to the TSX represents a significant milestone in Beyond Oil's evolution and will provide us with enhanced access to institutional investors and capital markets as we accelerate our global expansion," said Jonathan Or, CEO and Co-founder of Beyond Oil. "This achievement reflects the tremendous progress we have made in establishing Beyond Oil as a leader in food-tech innovation, with our patented technology now serving customers in North America and our strategic leadership team positioned to drive widespread adoption across the world's most influential foodservice brands. As we continue to build momentum in key markets and strengthen our partnerships globally, this uplisting will support our mission to make our technology the global standard in frying operations while creating a healthier and more sustainable future through food innovation."
Final approval of the listing is subject to the Company meeting all of the conditions required by the TSX. The Company will issue a press release once the TSX confirms the date when trading of the Common Shares is expected to commence on the TSX. The Company will issue a press release once the TSX confirms the date when trading of the Common Shares is expected to commence on the TSX.
Upon completion of the final TSX listing requirements, the Common Shares will be delisted from the Canadian Securities Exchange.
Shareholders are not required to exchange their share certificates or direct registration system advices, or take any other action in connection with the listing on the TSX, as there will be no change in the trading symbol or CUSIP for the Common Shares.
About Beyond Oil Ltd.
Beyond Oil Ltd. is a food-tech innovation company with over 15 years of dedication to creating solutions that mitigate health risks, improve sustainability, and reduce costs for food service companies. The Company’s patented technology, with regulatory clearances from the FDA and Health Canada, significantly reduces harmful compounds in frying oil, addressing critical health concerns. Beyond Oil’s solution tackles a global issue in the food industry: the widespread practice of reusing frying oil for hundreds of cycles across several days. This practice is common in restaurant kitchens, hotels, catering services, banquet halls, fried food manufacturing plants, and institutions such as schools and military facilities. Beyond Oil's product is backed by extensive research which has highlighted its value in health risks associated with reused oil, including links to cancer and cardiovascular diseases. Beyond Oil provides an effective means to mitigate these risks while offering additional benefits such as improved food quality, operational cost savings, and reduced environmental impact. For more information about Beyond Oil, please visit: www.beyondoil.co
Forward Looking Statement and Information
The Canadian Securities Exchange has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains “forward-looking statements” within the meaning of the securities laws, including statements regarding the anticipated size and closing date of the Offering and the intended use of proceeds thereof. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. In addition, we cannot assure that any patent will be issued as a result of a pending patent application or, if issued, whether it will be issued in a form that will be advantageous to us. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time at www.sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.
Contacts:
Beyond Oil Ltd.
Jonathan Or
CEO and Co-founder
Phone: +972 52-601-0680
info@beyondoil.co
ICR, LLC.
Reed Anderson
Keil Decker
Phone: 646-277-1260
BeyondOil@icrinc.com
