Beyond Oil Ships Container of Product to West Coast Reduction Ltd.

Shipment Represents First Order Under Strategic Opportunities & Distribution Agreement

VANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / March 25, 2024 / Beyond Oil Ltd. (CSE:BOIL)(OTCQB:BEOLF) ("Beyond Oil" or the "Company"), a food-tech innovation company extending the life of frying oil, reducing costs, waste and health risks, is pleased to announce that further to the news release dated January 18, 2024, it has shipped a container of its high-quality product to West Coast Reduction Ltd.'s ("West Coast Reduction") facilities in Canada.

The shipment was made pursuant to the Strategic Partnership and Distribution Agreement with West Coast Reduction (the "Strategic Agreement"), and will serve multiple purposes, including ongoing customer demonstrations and the introduction of Beyond Oil's product to new customers in West Coast Reduction's territory of Canada and Washington State, USA. This milestone further solidifies the strategic partnership between Beyond Oil and West Coast Reduction, while also expanding Beyond Oil's market presence in North America.

"The completion of this purchase order marks an important milestone for our partnership with West Coast Reduction and we look forward to increasing our market presence in North America with their leadership," said Jonathan Or, CEO and Co-Founder of Beyond Oil. "The teams are working closely to build a successful long-term business and create a more sustainable and healthier future in the North American food industry."

Foto: Accesswire

Beyond Oil's High-Quality Product in Transit to
West Coast Reduction in Canada

Pursuant to the Strategic Agreement, Beyond Oil is also pleased to advise the market that it continues to work closely with West Coast Reduction in the training, demonstration and commercial planning aspects of their planned commercial rollout in North America. Customer demonstrations of the product have been ongoing since the Strategic Agreement was announced in January, with inventory that was previously sent to West Coast Reduction. These activities with potential customers in the food service and industrial sectors continue to produce a range of positive outcomes, and Beyond Oil expects to announce positive commercial updates in the coming weeks and months.