Beyond Oil Ltd (TSE:BOIL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Beyond Oil Ltd, an innovator in the food-tech industry, has successfully completed a $2.5 million non-brokered private placement at $1.05 per unit, bolstered by a lead order from Fandango Collection & Recycling, its exclusive distributor in Israel. This strategic funding, supported by both external investors and company insiders, including substantial participation by the president and founder, will fuel the company’s growth and innovation within the healthier fried food sector, while also serving general corporate purposes.
For further insights into TSE:BOIL stock, check out TipRanks’ Stock Analysis page.
