Beyond Oil Expands Master Distribution Agreement with Latitude to Ukraine

Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9), a pioneering food-tech company dedicated to reducing health risks associated with fried food, has announced an expansion of its Master Distribution Agreement with Latitude Ltd. The agreement, signed on February 16, 2025, includes a commitment by Latitude to purchase a minimum of US$302,400 in 2025, with annual purchase commitments increasing to reach US$1,512,000 in 2029. Over the five-year period, Latitude has committed to purchasing a minimum of US$4.536 million worth of Beyond Oil's product.

The expanded agreement, which includes an annual license fee of US$100,000 starting from the second year, can be renewed for successive five-year terms on substantially the same terms and conditions, subject to good faith negotiations between Beyond Oil and Latitude. This expansion marks a significant milestone in Beyond Oil's global growth strategy, as it continues to unlock new markets and drive sustainable, profitable growth.

The Ukrainian food service industry presents a significant market opportunity for Beyond Oil, with a large and growing market, increasing health awareness, and an established distribution partner in Latitude Ltd. However, the company must also navigate challenges such as price sensitivity, regulatory environment, and market education. By leveraging Latitude's distribution network, highlighting the health benefits and cost savings of its product, and ensuring compliance with Ukrainian regulations, Beyond Oil can effectively address these challenges and capitalize on the opportunities in the Ukrainian market.

The increased minimum purchase commitment from Latitude positively influences Beyond Oil's financial projections and valuation. This commitment ensures a steady stream of revenue, drives revenue growth, and contributes to market penetration. As Beyond Oil continues to expand its market presence, this commitment serves as a vote of confidence from a major player in the U.S. food service industry, enhancing the company's reputation and attractiveness to investors.

In conclusion, the expansion of Beyond Oil's Master Distribution Agreement with Latitude to Ukraine represents a strategic move that aligns with the company's global growth strategy. By entering the Ukrainian market, Beyond Oil can tap into a new customer base, increase its revenue streams, and enhance its valuation. As the company continues to navigate the unique challenges and opportunities presented by the Ukrainian food service industry, it remains well-positioned to achieve its long-term growth objectives.

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