Beyond Oil Ltd **NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES** VANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / January 17, 2023 / Beyond Oil Ltd. ( CSE:BOIL ) (" Beyond Oil " or the " Company "), a food-tech innovation company extending the life of frying oil, reducing costs and waste, is pleased to announce the completion of a non-brokered private placement (the " Offering ") of 1,578,843 units ("each, a Unit ") at a purchase price of $0.75 per Unit for total gross proceeds of $1,184,132.25. Each Unit consists of one common share in the capital of the Company (a " Common Share ") and one-half of one Common Share purchase warrant (each full warrant, a " Warrant "). Each Warrant entitles the holder to purchase one Common Share at an exercise price of $1.00 for a period of 12 months from the date of closing. The net proceeds from the Offering are intended to be used for general corporate purposes and working capital, in accordance with the policies of the Canadian Securities Exchange (" CSE "). "We are starting the year in a strong position, thanks to […]
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