Burcon NutraScience updates on funding and progress for its Merit Functional Foods JV
- Burcon NutraScience Corp (TSX:BU, NASDAQ:BRCN) has provided an update on the production progress and funding of its joint venture (JV), Merit Functional Foods Corporation. Burcon said it has advanced $947,867 to Merit, representing its share of the $3 million financing provided by all the JV's shareholders in proportion to their equity interest in Merit.
- 09/20/2022
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Burcon NutraScience reports first quarter sales of C$2.3M
- Burcon NutraScience Corp (TSX:BU, NASDAQ:BRCN) has reported sales of C$2.3 million for the fiscal first quarter of 2022, including royalty revenue of $91,000 from its pea and canola protein joint venture company, Merit Functional Foods Corporation. During the quarter, the company entered into a secured loan agreement with its major shareholder of up to $10 million that will be made available to Burcon in two $5 million tranches, with the first tranche currently available to Burcon.
- 08/16/2022
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Burcon NutraScience Corporation (BRCN) CEO Peter Kappel on Q1 2023 Results - Earnings Call Transcript
- Burcon NutraScience Corporation (NASDAQ:BRCN ) Q1 2023 Earnings Conference Call August 15, 2022 5:00 PM ET Company Participants Peter Kappel - Interim Chief Executive Officer & Chairman of the Board Jade Cheng - Chief Financial Officer Paul Lam - Director, Investor Relations Conference Call Participants Tania Armstrong-Whitworth - Canaccord Genuity Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Burcon NutraScience Corporation's Fiscal First Quarter 2023 Ended June 30, 2022. Joining us today are Peter Kappel, Interim CEO and Chairman of the Board and Jade Cheng, the company's Chief Financial Officer.
- 08/15/2022
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Burcon NutraScience says JV company Merit Functional Foods achieves significant innovation in protein-based solution to replace methylcellulose in meat alternatives
- Burcon NutraScience Corp (TSX:BU, NASDAQ:BRCN) announced that its joint venture (JV) company, Merit Functional Foods Corporation, has developed an innovation utilizing its non-genetically modified organism (GMO) Peazazz pea protein as part of a 100% protein-based clean label solution to replace methylcellulose, a synthetic ingredient widely used in food and meat alternative applications. The developer of plant-based proteins for foods and beverages said Merit's Peazazz pea protein can now help drive clean label food and beverage applications.
- 07/28/2022
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Burcon NutraScience partner Merit Functional Foods launches Peazazz C pea protein for foods and beverages
- Burcon NutraScience Corp (TSX:BU, NASDAQ:BRCN) and its joint venture company, Merit Functional Foods Corporation, have launched a new protein ingredient called Peazazz C pea protein. This protein will ensure ready-to-drink (RTD) beverages have a smooth and grit-free texture, according to a release, without the chalkiness often associated with plant-based beverage applications.
- 07/21/2022
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Burcon NutraScience Corporation (BRCN) CEO Peter Kappel on Q4 2022 Results - Earnings Call Transcript
- Burcon NutraScience Corporation (NASDAQ:BRCN ) Q4 2022 Results Conference Call June 27, 2022 5:00 PM ET Company Participants Peter Kappel - Interim CEO and Chairman Jade Cheng - CFO Paul Lam - Director, IR Conference Call Participants Daniel Shahrabani - Fard Investments Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Burcon NutraScience Corporation's Fiscal 2022 Ended March 31, 2022. Joining us today are Peter Kappel, Interim CEO and Chairman of the Board; and Jade Cheng, the Company's Chief Financial Officer.
- 06/27/2022
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Burcon NutraScience says joint venture Merit Foods achieved commercialization in fiscal '22 report
- Burcon NutraScience Corporation has reported results for the fiscal year 2022, during which the company established its joint venture Merit Functional Foods. The company's primary focus during the twelve months ended March 31 was to support Merit Foods, which it called the world's first and only commercial producer of food-grade canola protein ingredients, and fine-tune its 94,000-square-foot state-of-the-art protein production facility.
- 06/27/2022
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Burcon NutraScience executes $10M loan agreement with Large Scale Investments to fund plant-based technology commercialization efforts
- Burcon NutraScience Corp (TSX:BU, NASDAQ:BRCN) has struck a $10 million loan agreement with Large Scale Investments Limited to power joint venture operations and commercialization efforts in the plant-based food space. Large Scale Investments is a wholly-owned subsidiary of Firewood Elite Limited, which is owned by Burcon director Alan Chan.
- 06/21/2022
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Burcon: Partner Bunge's $500 Million To $1 Billion Of Growth Capex Within Alternative Proteins Bodes Well
- Positive development with Bunge disclosing $500 million-$1 billion out of its $2 billion growth capex pipeline is within the alternative protein. Bunge's increasing interest/spend in plant-based protein is positive for Burcon. Bunge increased its stake in Merit JV with Burcon in 2H'2021 and its path to an even larger Merit stake leads to several positive catalysts for Burcon shares.
- 05/12/2022
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Burcon NutraScience inks term sheet with biggest shareholder for a proposed $10M credit facility
- Burcon NutraScience Corporation announced that it has signed a term sheet with its largest shareholder with respect to a proposed credit facility of up to $10 million. The developer of plant-based proteins technologies said proceeds from the facility are expected to be used to support Burcon's partnership discussions for its plant-based protein technologies, continued research and development of the company's protein extraction and purification platform, further strengthening of Burcon's intellectual property portfolio and for other general corporate purposes.
- 05/03/2022
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Burcon NutraScience eyes opportunities with Merit Functional Foods; says CEO search going well
- Burcon NutraScience Corp (TSX:BU, NASDAQ:BRCN) has said it expects its joint venture partner Merit Functional Foods Corporation to secure sales contracts with leading food and beverage customers that will “reap long term benefits” for the company. Burcon, a global technology company involved in the development of plant-based proteins for food and beverages, is a joint venture partner and licensor of Merit's pea and canola technologies.
- 04/28/2022
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Burcon NutraScience receives co-investment from Proteins Industries Canada to develop food-grade proteins from sunflower seeds
- Burcon NutraScience Corporation announced that it has received a co-investment from Proteins Industries Canada for the development of high-quality protein ingredients from sunflower seeds. The company said the $1 million project will see Burcon partnering with Pristine Gourmet, a processor of 100% pure Canadian non-genetically modified organism (GMO) cold pressed virgin oils, to further develop Burcon's novel process for the production of sunflower protein ingredients.
- 04/07/2022
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Burcon NutraScience says its chairman, Peter H. Kappel will assume the role of interim CEO with immediate effect
- Burcon NutraScience Corporation has announced that Peter H. Kappel, chairman of its board of directors, will assume the role of interim chief executive officer (CEO), with immediate effect, until a successor is appointed by the company's board of directors.
- 03/01/2022
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Burcon NutraScience sees quarter-over-quarter revenue bump in fiscal 3Q as production capabilities increase at its Merit Functional Foods facility
- Burcon NutraScience Corp (TSX:BU, NASDAQ:BRCN) released its fiscal 3Q 2022 results which saw the company deliver a 41% quarter-over-quarter revenue bump thanks to its Merit Functional Foods Corporation licensee. The Vancouver-based plant-based foods company recorded C$44,597 in revenue versus the C$32,000 it put up in 2Q, and compared to nil in fiscal 3Q 2021.
- 02/15/2022
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Burcon NutraScience Corporation (BRCN) CEO Johann Tergesen on Q3 2022 Results - Earnings Call Transcript
- Burcon NutraScience Corporation (BRCN) CEO Johann Tergesen on Q3 2022 Results - Earnings Call Transcript
- 02/14/2022
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Burcon Announces Fiscal 2022 Third Quarter Conference Call to be Held on February 14, 2022
- Vancouver, British Columbia--(Newsfile Corp. - February 1, 2022) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) ("Burcon or the "Company"), a global technology leader in the development of plant-based proteins for foods and beverages, will hold an investor conference call and webcast on Monday, February 14, 2022 at 5:00 p.m. Eastern time to discuss its financial results for the fiscal third quarter ended December 31, 2021. The Company's financial results will be issued in...
- 02/01/2022
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Burcon NutraScience boosts its intellectual property portfolio with the filing of five more US patent applications
- Burcon NutraScience Corporation announced that it has expanded its intellectual property portfolio through the filing of five additional US patent applications covering technologies for the production of sunflower seed protein and pulse proteins. The company said the patent filings also cover the unique protein ingredients produced from those technologies.
- 01/25/2022
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Burcon NutraScience poised for a breakout in 2022, Beacon Securities says as it mulls multimillion-dollar takeover potential
- Burcon NutraScience Corp (TSX:BU, NASDAQ:BRCN) is the plant-based pick for 2022, according to Beacon Securities. The research firm said the food company has a compelling value proposition with its differentiated and proprietary offering in the red-hot, plant-based food industry.
- 12/21/2021
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Burcon to Participate in Upcoming Investor Conferences
- Vancouver, British Columbia--(Newsfile Corp. - November 22, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) ("Burcon or the "Company"), a global technology leader in the development of plant-based proteins for foods and beverages, today announced that it will participate at two upcoming investor conferences on December 1 and 2, 2021:Jefferies Alternative Protein & Related ESG Summit on December 1, 2021Fireside chat and 1x1 meetingsCanaccord Genuity's Second Annual AgriFood Tech Innovations Forum on December 2,...
- 11/22/2021
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Burcon NutraScience Corporation (BRCN) CEO Johann Tergesen on Q2 2022 Results - Earnings Call Transcript
- Burcon NutraScience Corporation (BRCN) CEO Johann Tergesen on Q2 2022 Results - Earnings Call Transcript
- 11/15/2021
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Burcon Announces Board Change and Provides Business Update
- Vancouver, British Columbia--(Newsfile Corp. - September 21, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN), a global technology leader in the development of plant-based proteins for foods and beverages, announces that Mr. Peter H. Kappel has been appointed as chairman of Burcon's board of directors, succeeding Dr. D. Lorne Tyrrell. Burcon is also pleased to provide an update on its operations.Dr. D. Lorne Tyrrell has chosen to step down from his role...
- 09/21/2021
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Burcon Announces Results of Shareholder Meeting
- Adds Alfred Lau to its Board of DirectorsVancouver, British Columbia--(Newsfile Corp. - September 16, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) a global technology leader in the development of plant-based proteins, is pleased to announce the results from its 2021 annual and special meeting of shareholders (the "Meeting") held on September 15, 2021. All of the seven nominees set out in Burcon's management proxy circular dated July 28, 2021 proposed by management for election to the board of...
- 09/16/2021
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Burcon Outlines In-Person AGM Venue Details, New Provincial Public Health Order Vaccine Requirements
- Vancouver, British Columbia--(Newsfile Corp. - September 9, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) ("Burcon or the "Company"), a global technology leader in the development of clean-label, plant-based proteins for foods and beverages, today announced that in accordance with the new Public Health Order ("PHO") guidance issued by the province of British Columbia, Burcon's in-person Annual and Special Meeting of shareholders ("AGM"), scheduled to take place at The Westin Bayshore Hotel in Vancouver...
- 09/09/2021
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Burcon NutraScience: Achieved Several Key Milestones In 1H 2021, Significant Opportunity Ahead
- Burcon disclosed on the quarterly call multiple partnering discussions are underway and the potential for a new collaboration to be announced in the coming months. Any new venture beyond Merit JV will be a major catalyst. In addition to attracting Nestlé & Bunge, Burcon's best-in-class plant-protein technology has led to Merit executing NDAs with ~240 companies including several of the largest food & beverage companies globally.
- 09/03/2021
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Burcon to Participate at Exane BNP Paribas ESG Conference on September 7-9, 2021
- Vancouver, British Columbia--(Newsfile Corp. - August 26, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) ("Burcon or the "Company"), a global technology leader in the development of clean-label, plant-based proteins for foods and beverages, today announced that it will participate in a fireside chat discussion at the Exane BNP Paribas ESG Conference on September 9, 2021 at 10:00am ET.Burcon management will also host one-on-one virtual investor meetings during the conference, which runs from September...
- 08/26/2021
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Burcon NutraScience Corporation's (BRCN) CEO Johann Tergesen on Q2 2021 Results - Earnings Call Transcript
- Burcon NutraScience Corporation's (BRCN) CEO Johann Tergesen on Q2 2021 Results - Earnings Call Transcript
- 08/16/2021
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Burcon Reports Fiscal 2022 First Quarter Results
- Vancouver, British Columbia--(Newsfile Corp. - August 16, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) ("Burcon or the "Company"), a global technology leader in the development of clean-label, plant-based proteins for foods and beverages, reported results for the fiscal first quarter ended June 30, 2021.Operational highlights for the first quarter ended June 30, 2021:During the quarter, Burcon:recorded its first royalty revenues from Merit Foods;was approved for a dual listing on the NASDAQ stock exchange,...
- 08/16/2021
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Burcon Announces Fiscal 2022 First Quarter Conference Call to Be Held on August 16, 2021
- Vancouver, British Columbia--(Newsfile Corp. - August 3, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) ("Burcon or the "Company"), a global technology leader in the development of clean-label, plant-based proteins for foods and beverages, will hold an investor conference call and webcast on Monday, August 16, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the fiscal first quarter ended June 30, 2021. The Company's financial results will be issued...
- 08/03/2021
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Burcon Announces Appointment of Jeanne McCaherty to Its Board of Directors
- Vancouver, British Columbia--(Newsfile Corp. - July 8, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) ("Burcon or the "Company"), a global technology leader in the development of clean-label, plant-based proteins for foods and beverages, is pleased to announce that Ms. Jeanne McCaherty has been appointed to its board of directors effective immediately. Ms. McCaherty brings extensive senior management experience and deep knowledge of the global food ingredients industry to the Burcon board.Dr. Lorne Tyrrell, chairman...
- 07/08/2021
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Burcon Announces Fiscal 2021 Results and Reviews Operations
- Vancouver, British Columbia--(Newsfile Corp. - June 29, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) ("Burcon or the "Company"), a global technology leader in the development of clean-label, plant-based proteins for foods and beverages, reported results for the fiscal year ended March 31, 2021."Fiscal 2021 and the year to date was a transformational period for Burcon, reinforcing our position as a leader in the development of plant-based proteins," said Johann F. Tergesen, Burcon's...
- 06/29/2021
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Burcon Announces Fiscal Year 2021 Conference Call to Be Held on June 29, 2021
- Vancouver, British Columbia--(Newsfile Corp. - June 14, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) ("Burcon or the "Company"), a global technology leader in the development of clean-label, plant-based proteins for foods and beverages, will hold an investor conference call and webcast on Tuesday, June 29, 2021 at 5:00 p.m. Eastern time to provide a business update and discuss its financial results for the year ended March 31, 2021. The Company's financial results...
- 06/14/2021
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Burcon JV Company, Merit Functional Foods, Receives Second Co-Investment from Protein Industries Canada
- Vancouver, British Columbia--(Newsfile Corp. - May 28, 2021) - Burcon NutraScience Corporation (TSX: BU) (NASDAQ: BRCN) ("Burcon or the "Company"), a global technology leader in the development of clean-label, plant-based proteins for foods and beverages, is pleased to share that its joint venture company, Merit Functional Foods Corporation ("Merit Foods") received a second co-investment from Protein Industries Canada, which will see Merit Foods' game-changing pea and canola protein ingredients utilized in new plant-based products. The project will...
- 05/28/2021
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