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...
2020-02-19 9:17 AM EST
Burcon Commences Trading on the OTCQB(R) Venture Market in the U.S.
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2020) - Burcon NutraScience Corporation (TSX: BU), (OTCQB: BUROF), a global technology leader in the development of plant-based proteins, is pleased to announce that it has qualified to trade its common shares in the United States on the OTCQB® Venture Market ("OTCQB®"). Burcon now is quoted on the OTCQB® under the symbol "BUROF". "We are pleased to now trade on the OTCQB®, and we believe that trading on the OTCQB® will provide...
2020-02-12 2:12 PM EST
Burcon, Merit and Nestle Announce Collaborative Partnership for Plant-Based Proteins
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2020) - Burcon NutraScience Corporation (TSX: BU), a global technology leader in the development of plant-based proteins, is pleased to announce today that Burcon, Nestlé and Merit Functional Foods Corporation ("Merit") have entered into a joint development agreement to tailor Burcon and Merit's novel plant-based proteins for use in Nestlé food and beverage applications. The joint agreement commences what is intended to be a long-term...
2020-01-24 2:14 AM EST
Merit Functional Foods Receives Co-Investment from Protein Industries Canada
Vancouver, British Columbia--(Newsfile Corp. - January 10, 2020) - Burcon NutraScience Corporation (TSX: BU), a global technology leader in the development of plant-based proteins, is pleased to share that its joint venture company, Merit Functional Foods Corporation ("Merit Foods") announced today that it has received a significant co-investment from Protein Industries Canada, which will help facilitate the rapid growth of Merit Foods. Merit Foods was established in May 2019 as a joint...
2020-01-10 10:00 AM EST
Burcon Closes Non-Brokered Private Placement of Convertible Debentures for $9.5 Million
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2019) - Burcon NutraScience Corporation (TSX: BU) ("Burcon" or the "Company"), a global technology leader in the development of plant-based proteins, is pleased to announce that it has closed its previously announced non-brokered private placement (see news releases of the Company dated November 25, 2019 and November 28, 2019) of convertible debentures (the "Convertible Debentures") for an aggregate principal amount of $9.5 million...
2019-12-10 5:11 PM EST
CORRECTION: Burcon Increases Previously Announced Non-Brokered Private Placement of Convertible Debentures to $9.5 Million
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2019) - Burcon NutraScience Corporation (TSX: BU) ("Burcon" or the "Company"), a global technology leader in the development of plant-based proteins, is pleased to announce that, based on orders received, it has increased its previously announced non-brokered private placement (see news release of the Company dated November 25, 2019) of convertible debentures (the "Convertible Debentures") from an aggregate
2019-11-28 8:33 AM EST
Burcon Increases Previously Announced Non-Brokered Private Placement of Convertible Debentures to $9.5 Million
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2019) - Burcon NutraScience Corporation (TSX: BU) ("Burcon" or the "Company"), a global technology leader in the development of plant-based proteins, is pleased to announce that, based on orders received, it has increased its previously announced non-brokered private placement (see news release of the Company dated November 25, 2019) of convertible debentures (the "Convertible Debentures") from an aggregate principal amount of $4...
2019-11-28 8:15 AM EST
Burcon Announces Non-Brokered Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2019) - Burcon NutraScience Corporation (TSX: BU) ("Burcon" or the "Company"), a global technology leader in the development of plant-based proteins, is pleased to announce a non-brokered private placement of convertible debentures (the "Convertible Debentures") for an aggregate principal amount of up to $4 million (the "Offering"). Insiders of the Company have agreed to subscribe for Convertible Debentures totaling $2 million in...
2019-11-25 8:19 AM EST
Peazazz and Peazac Pea Proteins FDA GRAS Notified
Vancouver, British Columbia--(Newsfile Corp. - October 21, 2019) - Burcon NutraScience Corporation (TSX: BU), a global technology leader in the development of plant-based proteins, is pleased to announce today that the US Food and Drug Administration ("FDA") has issued a GRAS (Generally Recognized As Safe) no-objection letter for Peazazz® and Peazac® pea proteins. The "Letter of No Objection" is issued by the US FDA confirming that they do not question the basis for the GRAS self-affirmation...
2019-10-21 8:00 AM EDT
Burcon Announces Results of Shareholder Meeting
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2019) - Burcon NutraScience Corporation (TSX: BU) a global technology leader in the development of plant-based proteins, is pleased to announce the results from its 2019 annual meeting of shareholders (the "Meeting") held on September 17, 2019. All of the seven nominees set out in Burcon's management proxy circular dated July 30, 2019 proposed by management for election to the board of directors at the Meeting were elected to the...
2019-09-18 12:09 PM EDT
Burcon Updates on Development Activities
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2019) - Burcon NutraScience Corporation (TSX: BU), a global technology leader in the development of plant-based proteins, is pleased to provide an update of its recent development activities. Burcon and its partners have now funded their full share of the capital contributions to Merit Functional Foods Corporation ("Merit Foods" or "Merit") as originally planned. As previously announced, following their initial contributions in June...
2019-09-17 8:00 AM EDT
Burcon Receives Notice of Allowance from the United States Patent Office for Peazazz Pea Protein Patent
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2019) - Burcon NutraScience Corporation (TSX: BU), a global technology leader in the development of plant-based proteins, announced today that it has received a notice of allowance from the United States Patent and Trademark Office for a patent application covering certain valuable attributes of Burcon's Peazazz® pea protein. A notice of allowance from the United States Patent and Trademark Office is a written notification that a...
2019-08-21 8:00 AM EDT
Burcon Announces Appointment of Calvin Chi Leung Ng to Its Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2019) - Burcon NutraScience Corporation (TSX: BU), a global leader in developing functionally and nutritionally valuable plant-proteins, is pleased to announce the appointment of Mr. Calvin Chi Leung Ng as a director of its board. Mr. Ng is a director of Large Scale Investments Limited ("Large Scale") and Great Intelligence Limited ("Great Intelligence"), two companies that together own in the aggregate, approximately 26% of the common...
2019-07-23 4:16 PM EDT
Burcon Updates on Development Activities
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2019) - Burcon NutraScience Corporation (TSX: BU) (OTC PINK: BUROF), a global leader in developing functionally and nutritionally valuable plant-proteins, is pleased to provide an update of its recent development activities. Burcon has now funded its share of the initial capital contribution to Merit Functional Foods Corporation ("Merit Foods" or "Merit") by using a portion of the net proceeds from the over-subscribed rights offering,...
2019-07-08 8:15 AM EDT
Burcon Announces Details of Over-Subscribed Rights Offering
Vancouver, British Columbia--(Newsfile Corp. - July 4, 2019) - Burcon NutraScience Corporation (TSX: BU) ("Burcon"), a leader in developing functionally and nutritionally valuable plant proteins, is pleased to announce that, further to its press release dated June 26, 2019 with respect to the completion of Burcon's rights offering (the "Rights Offering"), the Rights Offering was over-subscribed and, as such, Burcon has issued 44,083,203 Common shares of Burcon ("Common Shares") at a price of...
2019-07-04 2:01 PM EDT
Burcon Announces Fiscal 2019 Results and Reviews Operations
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2019) - Burcon NutraScience Corporation (TSX: BU), a global leader in developing functionally and nutritionally valuable plant-proteins, reported results for the year ended March 31, 2019. "Fiscal 2019 proved to be a turning point in consumer appetites for plant-based foods and a watershed moment in Burcon's history," said Johann F. Tergesen, Burcon's president and chief executive officer. He added: "Looking back on the year, our team did...
2019-07-02 4:31 PM EDT
Burcon Announces Completion of Over-Subscribed Rights Offering
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2019) - Burcon NutraScience Corporation (TSX: BU) ("Burcon" or the "Company"), a leader in developing functionally and nutritionally valuable plant proteins, is pleased to announce the completion of its rights offering (the "Rights Offering"), which expired at 5:00pm (EST) on June 25, 2019. The Rights Offering was over-subscribed and will result in the issuance of 44,083,203 Common shares of Burcon ("Common Shares") at a price of $0.35...
2019-06-26 9:25 AM EDT
Burcon Introduces JV Partner
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - Burcon NutraScience Corporation (TSX: BU), a global leader in developing functionally and nutritionally valuable plant-proteins, is pleased to introduce the investor group and joint venture partner for its new $65 million pea-protein and canola-protein production facility to be built in Western Canada. The investor group is made up of Shaun Crew, Barry Tomiski and Ryan Bracken, three exceptionally talented veterans of the...
2019-06-12 4:07 PM EDT
Burcon to Present at 9th Annual LD Micro Invitational Conference, June 4-5, 2019
British Columbia and Bel-Air, California--(Newsfile Corp. - May 29, 2019) - Burcon NutraScience Corporation (TSX: BU), a global leader in developing functionally and nutritionally valuable plant-proteins, has been invited to present at the 9th Annual LD Micro Invitational Conference being held on June 4-5, 2019 at the Luxe Sunset Hotel in Bel-Air, California. Burcon CEO, Johann Tergesen, is scheduled to present on June 4, 2019 at 9:00 am PT. He will be discussing Burcon's recently announced...
2019-05-29 1:23 PM EDT
Burcon Announces Rights Offering
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - Burcon NutraScience Corporation (TSX: BU) ("Burcon") is pleased to announce that it will be offering rights (the "Rights Offering") to holders of its common shares ("Common Shares") of record at the close of business on May 30, 2019 (the "Record Date"). Pursuant to the Rights Offering, each holder of Common Shares will receive one transferable right (a "Right") for each Common Share held. Each Right will entitle a holder to...
2019-05-23 4:07 PM EDT