Beyond Oil Announces Exercise of Warrants and Purchase of
From GlobeNewswire: 2025-05-12 16:05:00
Beyond Oil Ltd. announced that members of the Or family have exercised 1,836,766 warrants, raising C$2,215,901.71 in gross proceeds. Clal Financial Management purchased all resulting common shares at C$3.498 per share, totaling C$6,421,509.47. This brings Beyond Oil’s total warrant exercise proceeds to C$7,007,043.12 in 2025. The company expects a brokered private placement of up to C$10.85 million to close by May 20, 2025. Beyond Oil is focused on reducing health risks associated with fried food and improving sustainability for food service companies with their patented technology, backed by FDA and Health Canada clearances.
Read more at GlobeNewswire: Beyond Oil Announces Exercise of Warrants and Purchase of