The CSE warmly welcomed Beyond Oil Ltd. (CSE:BOIL) for a virtual Market Open on May 25, 2022.
Beyond Oil is an innovative foodtech company that has developed a unique, patented breakthrough solution to eliminate free fatty acids (FFA) from edible oils through an environmentally sensitive and cost-effective process, while preserving quality and nutritional value. Beyond Oil’s unique technology and methodology integrate into customers’ existing oil filtration processes, reducing the amount of used oil required in restaurant operations.
CEO Dr. Tamir Gedo and other members of the Beyond Oil team kicked off the day’s trading at the virtual Market Open.
“For us, going public was a natural evolution. Canada is accepting, accessible and friendly, and will help us go all the way,” stated CEO Dr. Tamir Gedo, adding, “… we thought it would be easier for us to go to an exchange that is more receptive and more understanding of the entrepreneurship issues.”
James Black, VP of Listings Development at the CSE noted that “We are thrilled to welcome Beyond Oil to the CSE – yet another cohort hailing from Israel and another fine example of entrepreneurship at work from the Start-up Nation. We thank Dr. Gedo and his team for choosing the CSE to further their ambitions in the Canadian public markets!”