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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 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.
Beyond Oil has announced its first direct purchase order in Western Europe from Mister Noodles, a Spanish restaurant chain. The order includes 10,000 daily doses of Beyond Oil's product for all 20 of Mister Noodles' restaurants across Spain. This marks a significant commercial milestone for Beyond Oil as it expands into Western Europe.
Jacob Tureman, CEO of Mister Noodles, expressed pride in being the first Spanish restaurant chain to use Beyond Oil, citing the opportunity to protect employee and customer health. The chain plans to display the Beyond Oil quality label in all its restaurants to raise awareness and encourage other establishments to focus on public health.
Jonathan Or, CEO of Beyond Oil, highlighted this order as a important step in the company's global outreach strategy. He noted that as the team gains experience, the sales cycle for commercial deals is shortening, facilitating expansion into other countries.
Beyond Oil and Fandango Collection & Recycling , its exclusive Israeli distributor, have provided an update on their commercial expansion in the Israeli market. Fandango has attracted new customers, including Giraffe, an Israeli-based Asian chain, and MeatBar Group, owner of MeatBar Burger and MeatBar Steakhouse. The Beyond Oil product has reduced customers' oil consumption by 50% to 80% consistently. Fandango has implemented quality seals for kitchens using Beyond Oil and launched social media campaigns to highlight the partnership with restaurateurs and chefs.
Shai Medioni, CEO of Fandango, stated that after a year of staff training, product marketing, and developing a sales system, they are ready to accelerate penetration of the Israeli restaurant market. Jonathan Or, CEO of Beyond Oil, mentioned that they are working to replicate this successful partnership in other countries worldwide.
Beyond Oil (CSE:BOIL)(OTCQB:BEOLF) has successfully closed a non-brokered private placement, issuing 1,345,697 shares at C$1.50 per share, raising gross proceeds of C$2,018,551.83. The offering included investments from Fandango Collection & Recycling , the company's exclusive distributor in Israel, as well as from the Chief Technology Officer, employees, and existing shareholders. CEO Jonathan Or highlighted the financing's significant premium compared to a recent offering less than three months ago. The funds will be used for general corporate purposes, supporting Beyond Oil's strategic objectives in the food-tech industry. The company paid C$18,197.37 in finder's fees, and all issued shares are subject to a four-month plus one day hold period.