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Beyond Oil Ltd. (BEOLF) reports developments tied to its food-tech product for frying operations, which is marketed to reduce health risks associated with fried food, lower operating costs, improve food quality, minimize waste and support more sustainable kitchen practices. Company updates focus on commercial adoption across foodservice, restaurant, supermarket, food retail and food distribution customers, including U.S. rollout activity and approved-vendor relationships.
Recurring news also covers financial results, revenue milestones, gross-margin trends, shareholder-approved share issuances, exchange and OTC trading references, advisory board appointments, shareholder meeting matters, and corporate governance or reporting updates related to its Canadian corporate structure.
Beyond Oil (OTCQB:BEOLF) has appointed Michael Nemirow as President of North America, marking a strategic move to accelerate growth in the U.S. market. Nemirow, who has served as Strategic Advisor since early 2024, will manage Beyond Oil USA Inc. and lead all North American operations.
In his previous role as Strategic Advisor, Nemirow has already made significant contributions by building the sales team, launching pilot programs with foodservice brands, expanding distributor networks, and securing a strategic partnership with West Coast Reduction Ltd. in Canada. The appointment aligns with Beyond Oil's focus on the U.S. as its most strategic growth market, where the company is already serving paying customers both directly and through distributors.
Beyond Oil (CSE: BOIL), a food-tech innovation company focused on reducing health risks in fried foods while improving operational efficiency and sustainability, has announced its participation in the upcoming Sidoti Small Cap Conference on September 17-18, 2025.
Management will conduct virtual investor meetings and deliver a presentation on Thursday, September 18, 2025, at 8:30 a.m. Eastern Time. Investors can access the live webcast through the company's Investor Relations website.
Beyond Oil (OTCQB: BEOLF) has signed exclusive distribution agreements with Pilpel Hungary Kft. for four European countries: Hungary, Austria, the Czech Republic, and Slovakia. The five-year agreements, effective September 4, 2025, through December 31, 2030, include automatic renewal options based on minimum purchase requirements.
Key terms include an initial order of 10,800 kg for 2025, with minimum purchase commitments of 75,600 kg for 2026 and increasing volumes thereafter. Pilpel will pay Beyond Oil a 5% royalty on total product sales to end users. The company has appointed a dedicated leadership team, including Rafi Orel as Project CEO, Regina Boros as Managing Director, and Péter Határ as Project Manager.
Pilpel, a leading European culinary and food distribution company, currently serves over 1,000 foodservice accounts in Hungary and is expanding across Central Europe. The partnership aims to distribute Beyond Oil's food-tech solutions that reduce health risks in fried food while lowering operational costs.
Beyond Oil Ltd. (CSE: BOIL) reported strong Q2 2025 financial results, with revenue increasing to $1.1 million, a 30-fold increase from Q2 2024. The company achieved a significant gross margin expansion to 56.3% from 45.7% year-over-year, while reducing net losses by 43%.
Key developments include a strengthened cash position of $12.9 million, conditional approval for TSX uplisting, a supplier agreement with Sodexo Israel, and expansion into Mexico through Baruchi Global Capital. The company appointed former Strauss Group CEO Giora BarDea as VP of Global Strategy to accelerate international growth.
Beyond Oil's focus remains on building sustainable partnerships and expanding its global presence in the food-tech innovation sector, particularly in reducing health risks associated with fried food while improving operational efficiency.
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 Ltd. (OTCQB: BEOLF) has announced a significant partnership with Sodexo Israel, the country's largest catering and building-maintenance services provider. Following a successful pilot program, Sodexo Israel will implement Beyond Oil's patented filter powder across its premier catering network.
The innovative powder technology reduces harmful byproducts in cooking oil by targeting free fatty acids, total polar materials, trans fats, and other contaminants. Initial pilot results demonstrated improved food quality, reduced oil consumption, and high satisfaction among kitchen staff and customers. Notably, the implementation will affect Sodexo Israel's annual consumption of 400,000 liters of frying oil.
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) has appointed Giora BarDea, former CEO of Strauss Group, as VP of Global Strategy. BarDea brings over 30 years of senior leadership experience in the food and CPG industries and will focus on strategic planning, international partnerships, distribution network expansion, and go-to-market initiatives.
During his tenure as CEO at Strauss Group, BarDea led operations across 20 countries with 15,000 employees, orchestrated the Strauss-Elite merger, and established partnerships with global companies like PepsiCo and Virgin. In his new part-time role at Beyond Oil's Israeli subsidiary, he will help scale the company's food-tech innovation solutions that reduce health risks in fried food while improving operational efficiency and sustainability.
Beyond Oil has secured a significant 16-ton order from an Eastern European franchisee of a major global fast-food chain. This order follows a successful pilot program in Eastern Europe and marks a important milestone in the company's global expansion strategy. Beyond Oil's product, which aims to reduce health risks in fried foods while cutting operational costs and enhancing sustainability, has received FDA clearance and patents in Israel, the USA, and Europe.
Beyond Oil and West Coast Reduction (WCRL) provided an update on their strategic partnership in North America. Following their January 2024 agreement, WCRL became the exclusive Canadian distributor and non-exclusive Washington State distributor for Beyond Oil's products. WCRL has successfully conducted customer demonstrations and pilot programs with various restaurant chains, leading to supply agreements in Western Canada. The company is preparing to accelerate product roll-out across its territories. In the industrial sector, Beyond Oil has completed successful Proofs of Concept at large fried food manufacturers, with WCRL actively participating in these trials and a joint development program with a global food equipment manufacturer.