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The latest announcement is out from Beyond Oil Ltd ( (TSE:BOIL) ).
Beyond Oil Ltd. has entered into its first distribution agreement in the Netherlands with Mandarin Food Products, marking a significant step in its European expansion strategy. This partnership will see Mandarin Foods distribute Beyond Oil’s proprietary oil filtration solution to the foodservice and hospitality sectors across the Netherlands, potentially enhancing Beyond Oil’s market presence and offering health and economic benefits to local businesses.
More about Beyond Oil Ltd
Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, enhancing sustainability, and lowering operational costs. The company’s patented technology, which has received regulatory clearances from the FDA and Health Canada, significantly reduces harmful compounds in frying oil, addressing health concerns related to reused oil in various food service settings.
YTD Price Performance: 138.10%
Average Trading Volume: 195,141
Technical Sentiment Signal: Strong Sell
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