Financial News
Beyond Oil Featured in Television Report by Israel's Broadcast Network
VANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / August 27, 2024 / Beyond Oil Ltd. (CSE:BOIL) (OTCQB:BEOLF) ("Beyond Oil" or the "Company"), a food-tech innovation company reducing health risks, extending the life of frying oil, reducing costs and waste, and contributing to the environment, is pleased to announce that it has been featured in a television broadcast on August 22, 2024, on Israel's National Public Broadcast Network ("Kan 11").
Nov Reuveni, the health reporter for Kan 11, noted that the public is generally aware deep fried food is not healthy, but they are not aware that the oil itself is the culprit: "What seemed until recently to be impossible, now becomes very simple. And it seems that it is only a matter of time until a cleaner and much less harmful oil becomes the standard."
Michael Pinhas Or, President of Beyond Oil, comments, "We are so pleased to be featured by Israel's National Public Broadcast Network as we continue to work tirelessly to demonstrate Beyond Oil's benefits to global health, environmental stewardship, and cost savings. Fried food in refrying oil remains popular all across the world, and in the United States alone, as many as one in three Americans eat fast food at least once per day.¹ Our team will continue to strive to help reduce certain health ailments for children and adults alike in the coming years by removing toxins from the frying oil."
About Beyond Oil Ltd.
Beyond Oil is a health food-tech company specializing in the health sector. Over the course of 15 years, it has developed a formula comprised of food additives that create an innovative filter powder, protected by a patent. This formula effectively absorbs degradation components from fried oil, slows down the rate of deterioration reactions, and, through a straightforward filtration process, enables the oil to be reused while preserving its quality. Beyond Oil's solution represents a significant global advancement in safeguarding the health of diners and kitchen workers in factories or restaurants that reuse the same oil over an extended period. The integration of Beyond Oil technology in restaurants, hotels, caterers, and factory operations not only enhances public health, social responsibility, efficiency and cost-effectiveness but also represents a significant step towards a more sustainable future for the food industry. By mitigating pollution, conserving resources, and promoting responsible practices, Beyond Oil strives for environmental stewardship within the culinary landscape. For more information, visit our website at: www.beyondoil.co.
Contacts
Jonathan Or
CEO and Co-founder
info@beyondoil.co
Caroline Sawamoto
Investor Relations
1-647-691-9801
ir@beyondoil.co
¹ Mayo Clinic Website: https://newsnetwork.mayoclinic.org/discussion/mayo-clinic-minute-why-eating-too-many-fried-foods-could-lead-to-early-death/
Forward-Looking Statement and Information"
The 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 nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. In addition, we cannot assure that any patent will be issued as a result of a pending patent application or, if issued, whether it will be issued in a form that will be advantageous to us. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.
SOURCE: Beyond Oil Ltd.
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