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BURON NUTRASCIENCE CORP - $BRCNF STOCK NEWS

Welcome to our dedicated page for BURON NUTRASCIENCE news (Ticker: $BRCNF), a resource for investors and traders seeking the latest updates and insights on BURON NUTRASCIENCE stock.

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Rhea-AI Summary

Burcon NutraScience and HPS Food and Ingredients Inc. have achieved the first commercial sales of the world's first hemp protein isolate. This milestone marks a significant partnership in the rapidly growing market for plant-based proteins. Burcon's capital-light approach has allowed them to establish a route-to-market for their high purity hemp protein, enabling speed and influence over production. The company is ramping up production to meet increasing demand, with consumer product launches expected later in 2024.

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6.42%
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HPS Food & Ingredients invites attendees to visit booth #721 for more information
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-0.65%
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Burcon NutraScience (TSX: BU) announces the successful completion of end-to-end validation trials and the start of commercial-scale production for the world's first high purity 95% hempseed protein isolate. The company has achieved a significant milestone with the successful scale-up of its groundbreaking hempseed protein isolate, aiming to meet growing customer demand and capture value for shareholders.
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22.71%
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Burcon NutraScience Corporation successfully closes over-subscribed private placement, raising $4.36 million to accelerate commercial plans and meet customer demand for plant-based proteins.
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-3.38%
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Burcon NutraScience Corporation (BU) secures a $6.9 million co-investment from Protein Industries Canada for the commercialization of high purity hempseed and sunflower seed protein ingredients, aiming to address the growing demand for diverse plant-based proteins.
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1.59%
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HPS Food & Ingredients to showcase innovative products at booth #538, promising exciting opportunities for growth and partnerships at the event.
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0.07%
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Burcon NutraScience Corporation reported operational highlights for the fiscal third quarter ended December 31, 2023, including establishing commercial production capabilities, entering into production agreements, receiving significant customer interest, and accessing a $10 million loan. The company showcased its 95% hempseed protein isolate and expects to begin commercial production soon. Financially, Burcon reported a net loss of $2.0 million for the current quarter, with cash balances at $675,000 on December 31, 2023.
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-5%
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Burcon NutraScience Corporation (BRCNF) will hold an investor conference call and webcast on February 14, 2024, to discuss its financial results for the fiscal third quarter ended December 31, 2023. The webcast will be available on Burcon's website, and investors can participate in the live call using the provided details.
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11.11%
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Burcon NutraScience Corporation (BRCNF) strategically reduced patent expenses by 62% over the past 12 months, reflecting a focus on cash management and commercializing new plant-based protein technologies. The company has added patents for new protein technologies while eliminating those with limited commercial value, positioning itself for increased innovation and competitive advantage in the fast-growing plant-based protein industry. Burcon is actively expanding its portfolio for hemp and sunflower technologies, recognizing their growing significance in the market, with a potential commercial opportunity exceeding $500 million.
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-16.67%
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Burcon NutraScience Corporation (TSjsonX: BU) issued a letter to shareholders from its CEO, Kip Underwood, expressing optimism and confidence in the company's future.
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14.29%
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BURON NUTRASCIENCE CORP

OTC:BRCNF

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BRCNF Stock Data

23.42M
88.72M
29.93%
0.33%
0.11%
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About BRCNF

burcon is a leader in nutrition, health and wellness in the field of functional, renewable plant proteins. since 1999, burcon has developed a portfolio of composition, application, and process patents originating from our core protein extraction and purification technology. we have developed clarisoy™ soy protein, which offers clarity and complete protein nutrition for low ph beverage systems; peazazz™ a uniquely soluble and clean-tasting pea protein and puratein®, supertein™ and nutratein™ canola protein isolates with unique functional and nutritional attributes. our team of highly specialized scientists and engineers work from our private research facility to develop and optimize environmentally sound technologies. to-date, our patent portfolio consists of 203 issued patents in various countries, including 35 issued u.s. patents, and in excess of 390 additional pending patent applications, 76 of which are u.s. patent applications.