Beyond Oil Expands 5-Year Master Distribution Agreement

From GlobeNewswire: 2025-02-21 16:30:00

Beyond Oil Ltd. signed an agreement to expand its Master Distribution Agreement with Latitude Ltd., adding Ukraine to the partnership’s territory. Latitude committed to purchasing a minimum of US$302,400 in 2025, increasing to US$1,512,000 in 2029, with an annual license fee of US$100,000. The agreement allows for renewal for successive five-year terms. Beyond Oil CEO Jonathan Or highlighted the success of the partnership and the demand for their product in the United States. The projected revenues are contingent on Latitude meeting annual purchase targets. Beyond Oil focuses on reducing health risks associated with fried food while enhancing sustainability. For more information, visit www.beyondoil.co.



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