Burcon NutraScience Corporation

Recent News

  • Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market

    Vancouver, British Columbia--(Newsfile Corp. - August 27, 2020) -  Burcon NutraScience Corporation (TSX: BU) (OTCQB: BUROF) ("Burcon"), a global technology leader in the development of plant-based proteins, is pleased to announce that its joint venture company, Merit Functional Foods Corporation ("Merit Foods" or "Merit") has received a $30 million investment from a new equity partner, Bunge Limited (NYSE: BG) ("Bunge"), a leading international agribusiness and food company. The partnership will expedite Merit's construction of its state-of-the-art plant-based protein production facility...

    2020-08-27 4:05 PM EDT
  • Burcon Agrees to Terminate Clarisoy License Agreement with ADM

    Vancouver, British Columbia--(Newsfile Corp. - August 10, 2020) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BUROF) ("Burcon"), a global technology leader in the development of plant-based proteins, announced today that Burcon and ADM have agreed to terminate the license and production agreement dated March 4, 2011 made among Burcon, Burcon NutraScience (MB) Corp. and ADM for CLARISOY™ soy protein effective August 7th, 2020.As part of the agreement to terminate the exclusive license, the CLARISOY trademark will revert back...

    2020-08-10 4:16 PM EDT
  • Burcon Announces Appointment of Debora Fang to Its Board of Directors

    Vancouver, British Columbia--(Newsfile Corp. - July 6, 2020) - Burcon NutraScience Corporation  (TSX: BU) (OTCQB: BUROF) ("Burcon"), a global technology leader in the development of plant-based proteins, is pleased to announce that Ms. Debora Fang has been appointed to its board of directors.Ms. Fang has 20 years' experience in the fast moving consumer goods industry, across mergers and acquisitions, strategy, finance and marketing roles for Unilever (London, UK), Danone (Paris, France and Amsterdam, Netherlands), Kraft Foods (Sao Paulo, Brazil) and...

    2020-07-06 8:00 AM EDT
  • Burcon Announces Fiscal 2020 Results and Reviews Operations

    Vancouver, British Columbia--(Newsfile Corp. - June 29, 2020) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BUROF), a global leader in developing functionally and nutritionally valuable plant-proteins, reported results for the year ended March 31, 2020. "Fiscal 2020 was truly a transformational year for Burcon," said Johann F. Tergesen, Burcon's president and chief executive officer, adding, "Coming out of the year, we have a strong balance sheet, we established the Merit Functional Foods joint venture and we partnered with...

    2020-06-29 4:25 PM EDT
  • Burcon JV Company Merit Functional Foods Secures Additional $10 Million Funding

    Vancouver, British Columbia--(Newsfile Corp. - June 22, 2020) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BUROF) ("Burcon"), a global technology leader in the development of plant-based proteins, is pleased to announce that its joint venture company, Merit Functional Foods Corporation ("Merit Functional Foods" or "Merit") has secured additional debt financing of $10 million in the form of a 10-year interest free loan from Agriculture and Agri-Food Canada (the "AIP Loan"). "With today's announcement, Merit has further strengthened its...

    2020-06-22 2:42 PM EDT
  • Burcon: Merit Functional Foods Expanding Production Capacity

    Vancouver, British Columbia--(Newsfile Corp. - May 4, 2020) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BUROF) ("Burcon"), a global technology leader in the development of plant-based proteins, is pleased to announce that its joint venture company, Merit Functional Foods Corporation ("Merit Functional Foods" or "Merit") has secured a debt financing package of up to $85 million of capital from a syndicate of lenders including Export Development Canada, Farm Credit Canada and the Canadian Imperial Bank of Commerce. "We are thrilled...

    2020-05-04 8:10 AM EDT
  • Burcon to Participate at the 32nd Annual ROTH Conference on March 15-17, 2020

    Vancouver, British Columbia--(Newsfile Corp. - March 10, 2020) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BUROF), a global technology leader in the development of plant-based proteins, will participate at the 32nd Annual ROTH Conference being held March 15 - 17, 2020 at the Ritz Carlton in Dana Point, California. Burcon is scheduled to hold one-on-one meetings on March 17th. Management will meet with registered participants and discuss the company's business opportunities in plant-based meat and dairy alternatives, including...

    2020-03-10 8:30 AM EDT
  • Burcon NutraScience Corporation Announces Closing of C$11.5 Million Bought Deal

    Vancouver, British Columbia--(Newsfile Corp. - February 19, 2020) - Burcon NutraScience Corporation (TSX: BU) (the "Company" or "Burcon") is pleased to confirm the closing of its previously announced bought deal offering for gross proceeds of C$11,500,690 (the "Offering").Co-lead underwriters Canaccord Genuity Corp. and Beacon Securities Limited, together with Eight Capital and Paradigm Capital Inc. (collectively, the "Underwriters") purchased from Burcon, on a bought deal basis, 6,452,000 units of the Company ("Units") at a price of C$1.55 per Unit for gross...

    2020-02-19 9:17 AM EST