Beyond Oil is conducting a private placement to raise approximately $10.85 million

From GlobeNewswire: 2025-04-23 16:30:00

Beyond Oil Ltd. is conducting a private placement of up to 3,100,000 units at CAD$3.498 per unit, aiming to raise approximately CAD$10.85 million. Clal Financial Management is part of the strategic investment, committing CAD$10.5 million. Each unit includes common shares and warrants. The closing of the offering is scheduled for April 29, 2025. The net proceeds will support product distribution and an uplisting to a senior exchange. Beyond Oil’s innovative technology addresses health risks associated with reused frying oil, offering benefits like cost savings and improved food quality. Contact CEO Jonathan Or for more information.



Read more at GlobeNewswire: Beyond Oil Provides Update on Brokered Private Placement,