Business
Beyond Oil Announces Grant of Options to New Director
VANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / June 14, 2023 / Beyond Oil Ltd. ( CSE:BOI...
About this update from Beyond Oil Ltd
[{"type":"text","content":"Beyond Oil Announces Grant of Options to New DirectorVANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / June 14, 2023 / Beyond Oil Ltd. (CSE:BOIL)(OTCQB:BEOLF) (\"Beyond Oil\" or the \"Company\"), a food-tech innovation company extending the life of frying oil, reducing costs and waste, is pleased to announce that further to the news release dated February 9, 2023, in which the Company announced the appointment of Mr. Erez Winner to the board of directors (the \"Board\"), the Board has granted Mr. Winner an option to acquire 200,000 common shares (\"Shares\") at an exercise price of C$0.75 per Share for a period of five years. These options will vest in equal portions over a period of three years with the first tranche vesting on the date hereof and subsequent tranches on the annual anniversaries of the initial tranche. Mr. Winner has not previously been granted any options.About Beyond Oil Ltd.Beyond Oil develops and manufactures an innovative, proprietary, and patented product designed to extend the life of frying oil while preserving the oil's quality and nutritional value. The unique product integrates into the existing filtration systems of both commercial and industrial fryers, reducing oil costs, helping create healthier food, decreasing waste, and increasing sustainability. For more information visit: www.beyondoil.co.ContactsJonathan OrCEO and Co-founder [email protected] SawamotoInvestor [email protected] Looking Statement and InformationThe Canadian Securities Exchange has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains \"forward-looking statements\" within the meaning of the securities laws. Words such as \"expects,\" \"anticipates,\" \"intends,\" \"plans,\" \"believes,\" \"seeks,\" \"estimates\" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their...