Business
Beyond Oil Announces Voting Results of Annual and Special Meeting of Shareholders
VANCOUVER, British Columbia and KIBBUTZ YIFAT, Israel, July 21, 2025 (GLOBE NEWSWIRE) -- Beyond...
About this update from Beyond Oil Ltd
[{"type":"text","content":"Beyond Oil Announces Voting Results of Annual and Special Meeting of Shareholders\n\n\n\n VANCOUVER, British Columbia and KIBBUTZ YIFAT, Israel, July 21, 2025 (GLOBE NEWSWIRE) --\n \n Beyond Oil Ltd.\n \n (CSE: BOIL) (“\n \n Beyond Oil\n \n ” or the “\n \n Company\n \n ”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste and enhancing sustainability, today announced the voting results from the Company’s annual and special meeting of shareholders held on July 18, 2025 (the “\n \n Meeting\n \n ”). In total 35.07% of the Company’s outstanding shares were represented at the Meeting. Each of the items of business was approved and passed by the Company’s shareholders at the Meeting with the requisite approval thresholds, namely:\n \n\n\n setting the number of directors of the Company at six (6);\n \n\n election each of the management nominees as directors, being: Dani Itzhaki, Jonathan Or, Pinhas Or, Robert Kiesman, Erez Winner and Yaffa Brizinov;\n \n\n appointing BDO Ziv Haft as auditor for the ensuing year; and\n \n\n passing an ordinary resolution to approve, in the event the Company is listed on the Toronto Stock Exchange, a revised omnibus equity incentive plan.\n \n\n\n All of the items of business were overwhelmingly approved by shareholders.\n \n\n Dan Itzhaki, Chairman, commented, “We are thrilled to welcome Yaffa to the board of directors. Her extensive experience in leading enterprise IT initiatives and digital transformation will be instrumental in helping Beyond Oil rapidly scale and continue driving operational excellence.”\n \n\n Beyond Oil has formally applied to uplist its shares on the Toronto Stock Exchange and will update the market with status updates as the information becomes available.\n \n\n\n About Beyond Oil Ltd.\n \n\n Beyond Oil Ltd. is a food-tech innovation company with over 15 years of dedication to creating solutions that mitigate health risks, reduce costs for food service companies and improve sustainability. The Company’s patented technology, with regulatory clearances from the FDA and Health Canada, significantly reduces harmful compounds in frying oil, addressing critical health concerns. Beyond Oil’s solution tac...