Beyond Oil Announces Voting Results of Annual and Special Meeting of Shareholders
Beyond Oil (CSE: BOIL) held its annual and special meeting of shareholders on July 18, 2025, with 35.07% of outstanding shares represented. Shareholders approved all proposed items, including setting the board size at six directors and electing management nominees. Notable appointments include new director Yaffa Brizinov, bringing enterprise IT and digital transformation expertise.
The company also received approval for a revised omnibus equity incentive plan, contingent on Toronto Stock Exchange listing. Beyond Oil has formally applied for uplisting to the TSX and will provide future updates on the application status.
Beyond Oil (CSE: BOIL) ha tenuto la sua assemblea annuale e straordinaria degli azionisti il 18 luglio 2025, con la rappresentanza del 35,07% delle azioni in circolazione. Gli azionisti hanno approvato tutti gli argomenti proposti, inclusa la determinazione del consiglio di amministrazione a sei membri e l'elezione dei candidati proposti dalla direzione. Tra le nomine di rilievo spicca la nuova direttrice Yaffa Brizinov, che apporta competenze nell'IT aziendale e nella trasformazione digitale.
L'azienda ha inoltre ottenuto l'approvazione di un piano di incentivi azionari omnibus rivisto, subordinato alla quotazione alla Borsa di Toronto. Beyond Oil ha formalmente presentato domanda per la quotazione al TSX e fornirà aggiornamenti futuri sullo stato della richiesta.
Beyond Oil (CSE: BOIL) celebró su junta anual y extraordinaria de accionistas el 18 de julio de 2025, con la representación del 35,07% de las acciones en circulación. Los accionistas aprobaron todos los puntos propuestos, incluyendo establecer el tamaño del consejo en seis directores y elegir a los candidatos de la gerencia. Entre los nombramientos destacados se encuentra la nueva directora Yaffa Brizinov, quien aporta experiencia en TI empresarial y transformación digital.
La compañía también recibió la aprobación de un plan revisado de incentivos de capital omnibus, condicionado a la cotización en la Bolsa de Toronto. Beyond Oil ha presentado formalmente la solicitud para subir al TSX y proporcionará actualizaciones futuras sobre el estado de la aplicación.
Beyond Oil (CSE: BOIL)는 2025년 7월 18일 연례 및 임시 주주총회를 개최했으며, 발행 주식의 35.07%가 대표되었습니다. 주주들은 이사회를 6명으로 구성하고 경영진 후보를 선출하는 등 모든 안건을 승인했습니다. 주목할 만한 임명으로는 기업 IT 및 디지털 전환 전문성을 가진 새로운 이사 Yaffa Brizinov가 포함됩니다.
회사는 또한 토론토 증권거래소 상장을 조건으로 한 개정된 종합 주식 인센티브 계획의 승인을 받았습니다. Beyond Oil는 TSX 상장을 공식 신청했으며, 신청 상태에 관한 향후 업데이트를 제공할 예정입니다.
Beyond Oil (CSE : BOIL) a tenu son assemblée annuelle et extraordinaire des actionnaires le 18 juillet 2025, avec 35,07 % des actions en circulation représentées. Les actionnaires ont approuvé tous les points proposés, y compris la fixation de la taille du conseil d'administration à six membres et l'élection des candidats proposés par la direction. Parmi les nominations notables figure la nouvelle administratrice Yaffa Brizinov, qui apporte une expertise en informatique d'entreprise et en transformation numérique.
La société a également obtenu l'approbation d'un plan d'incitation en actions omnibus révisé, sous réserve de la cotation à la Bourse de Toronto. Beyond Oil a officiellement déposé une demande d'inscription au TSX et fournira des mises à jour futures sur l'état de la demande.
Beyond Oil (CSE: BOIL) hielt am 18. Juli 2025 seine jährliche und außerordentliche Hauptversammlung ab, bei der 35,07% der ausstehenden Aktien vertreten waren. Die Aktionäre stimmten allen vorgeschlagenen Punkten zu, einschließlich der Festlegung der Vorstandsgröße auf sechs Mitglieder und der Wahl der Management-Kandidaten. Zu den bemerkenswerten Ernennungen gehört die neue Direktorin Yaffa Brizinov, die Expertise in Unternehmens-IT und digitaler Transformation mitbringt.
Das Unternehmen erhielt außerdem die Zustimmung zu einem überarbeiteten umfassenden Aktienanreizplan, vorbehaltlich der Notierung an der Toronto Stock Exchange. Beyond Oil hat formell die Notierung an der TSX beantragt und wird zukünftige Updates zum Antragsstatus bereitstellen.
- None.
- Only 35.07% of outstanding shares were represented at the meeting
VANCOUVER, British Columbia and KIBBUTZ YIFAT, Israel, July 21, 2025 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (CSE: BOIL) (“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 the voting results from the Company’s annual and special meeting of shareholders held on July 18, 2025 (the “Meeting”). In total
- setting the number of directors of the Company at six (6);
- election each of the management nominees as directors, being: Dani Itzhaki, Jonathan Or, Pinhas Or, Robert Kiesman, Erez Winner and Yaffa Brizinov;
- appointing BDO Ziv Haft as auditor for the ensuing year; and
- passing an ordinary resolution to approve, in the event the Company is listed on the Toronto Stock Exchange, a revised omnibus equity incentive plan.
All of the items of business were overwhelmingly approved by shareholders.
Dan Itzhaki, Chairman, commented, “We are thrilled to welcome Yaffa to the board of directors. Her extensive experience in leading enterprise IT initiatives and digital transformation will be instrumental in helping Beyond Oil rapidly scale and continue driving operational excellence.”
Beyond Oil has formally applied to uplist its shares on the Toronto Stock Exchange and will update the market with status updates as the information becomes available.
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, reduce costs for food service companies and improve sustainability. 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.
Contact:
Beyond Oil Ltd.
Robert Kiesman, Vice President & Director
Phone: 778-840-5553
robert@beyondoil.co
ICR, LLC.
Reed Anderson
Keil Decker
Phone: 646-277-1260
BeyondOil@icrinc.com
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