13:57:40 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



Beyond Oil Ltd
Symbol BOIL
Shares Issued 53,025,542
Close 2024-01-09 C$ 0.45
Market Cap C$ 23,861,494
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Beyond Oil appoints Nemirow as adviser

2024-01-10 11:27 ET - News Release

Mr. Jonathan Or reports

BEYOND OIL STRENGTHENS LEADERSHIP TEAM WITH APPOINTMENT OF MICHAEL NEMIROW AS STRATEGIC ADVISOR

Beyond Oil Ltd. has appointed Michael Nemirow as a strategic adviser to strengthen the company's expansion in North America and enhance its strategic growth initiatives.

Mr. Nemirow, currently based in Vancouver, B.C., brings a wealth of experience to Beyond Oil, having successfully led and scaled businesses across diverse sectors such as distribution, manufacturing, aerospace and international business development. His recent role as chief executive officer of Greenstar Plant Products Inc. showcased his ability to transform a complex business, where he set a new strategic direction, divested portions of the business and orchestrated the acquisition of a complementary organic brand. Under his leadership, Greenstar emerged as a globally recognized manufacturer of advanced plant nutrients and supplements, with products distributed in North America, South America, Europe and Australia. Greenstar was subsequently sold to a public U.S. company in 2021.

"I am truly excited to be part of Beyond Oil," said Mr. Nemirow. "It is uncommon for a company to create a product that can benefit numerous stakeholders and simultaneously become an important leader in sustainability. Beyond Oil's significant economic and ESG [environmental, social, governance] impacts, encompassing cost savings on oil, environmental benefits and the production of healthier, more flavourful food for customers, positions the company to offer its customers an opportunity to enhance their bottom line while contributing to a better world."

Leveraging his experience in founding and building companies, Mr. Nemirow will play a key role in Beyond Oil's international expansion, focusing on distribution strategies, sales, supply chain, manufacturing and the company's ambitious growth plans.

"We are excited to welcome Michael Nemirow to our team as a strategic adviser," said Jonathan Or, CEO and co-founder of Beyond Oil. "Michael's impressive track record and his profound experience in business expansion align perfectly with our growth objectives, especially as we strengthen our presence and leadership in North America. His extensive expertise in distribution, sales, strategic scaling and manufacturing will be invaluable in driving Beyond Oil to new heights."

The appointment of Mr. Nemirow underscores Beyond Oil's commitment to assembling a high-calibre team dedicated to advancing its innovative solutions and contributing to a more sustainable future.

About Beyond Oil Ltd.

Beyond Oil is an innovative food tech company, in the health field, dedicated to transforming the way people consume and produce food. It provides sustainable solutions for the food industry, prioritizing environmental protection and the well-being of its workers and customers. Beyond Oil's innovative solutions help reduce costs for its partners and clients while ensuring responsible and ecofriendly practices. The company is committed to environmental responsibility, minimizing the carbon footprint of the food industry on the planet. By implementing cutting-edge techniques, Beyond Oil delivers a healthier final product by reducing the formation of carcinogenic substances in fried food. Its vision is to create a more sustainable future where food safety, cost efficiency and environmental consciousness come together seamlessly.

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