ISIN:CA1208311029

HPS and Burcon to Showcase High Purity 95% Hempseed Protein Isolate at SupplySide East

Retrieved on: 
Wednesday, April 10, 2024
Drink, HPS, TSX, Taste, Traction, Fine chemical

Stop by the HPS Food & Ingredients booth #721 to learn more about this new-to-the-world, clean-label, high protein powder

Key Points: 
  • Burcon and HPS will present their best-in-class 95% hempseed protein isolate at SupplySide East, engaging with prospective customers interested in incorporating this clean-label protein into innovative food and beverage applications.
  • In response to significant demand, Burcon has successfully completed an additional production campaign for its hempseed protein to supply initial customer orders.
  • "Our new-to-the-world hempseed protein isolate continues to gain traction in the market, and we aim to sustain that momentum at SupplySide East," said Kip Underwood, Burcon's chief executive officer.
  • Attendees are invited to visit the HPS team at SupplySide East booth #721 for more information on the innovative hempseed protein isolate.

Burcon Successfully Scales Commercial Production of 95% Hempseed Protein Isolate

Retrieved on: 
Monday, March 25, 2024
HPS, TSX, Drink, Fine chemical

Burcon has achieved a significant milestone with the successful scale-up of its groundbreaking hempseed protein isolate at its partner manufacturer's production facility.

Key Points: 
  • Burcon has achieved a significant milestone with the successful scale-up of its groundbreaking hempseed protein isolate at its partner manufacturer's production facility.
  • From its production runs, Burcon produced high-quality, commercial saleable quantities of its 95% hempseed protein isolate to fulfill initial customer orders.
  • Anticipated commercial sales and further production campaigns of Burcon's hempseed protein are slated for the first half of 2024 to meet growing customer demand.
  • "We believe that the 95% hempseed protein isolate is a game changer that can tap into a burgeoning hemp foods market.

Burcon Closes Over-Subscribed $4.3 Million Non-Brokered Private Placement to Accelerate Commercial Plans

Retrieved on: 
Tuesday, March 12, 2024
Person, TSX, Sale, Multilateral, Indian stock exchange, Drink, Offering, Research, Security (finance)

Principal subscribers include Company directors, management, long-term shareholders, and new investors in support of Burcon's long-term vision.

Key Points: 
  • Principal subscribers include Company directors, management, long-term shareholders, and new investors in support of Burcon's long-term vision.
  • "We are excited to announce the successful completion of our private placement and combined with non-dilutive capital sources, fully funds our business plan to cash flow positive," said Kip Underwood, Burcon's chief executive officer.
  • "In response to significant customer interest for our protein offerings, we are accelerating our commercial plans.
  • All securities issued in connection with the Offering are subject to a statutory hold period in Canada expiring four months and one day from the closing of the private placement.

Burcon Receives Co-Investment from Protein Industries Canada to Scale-Up and Commercialize Hempseed and Sunflower Seed Protein

Retrieved on: 
Tuesday, March 12, 2024
TSX, Ingredient, PIC, Drink, HPS, Food, Dietary supplement

In collaboration with HPS Food & Ingredients and Puratos Canada, Burcon will lead the commercialization efforts for its new-to-the-world high purity hempseed and sunflower seed protein ingredients.

Key Points: 
  • In collaboration with HPS Food & Ingredients and Puratos Canada, Burcon will lead the commercialization efforts for its new-to-the-world high purity hempseed and sunflower seed protein ingredients.
  • Burcon’s first-of-its-kind high purity hempseed and sunflower seed proteins can help solve these formulation challenges opening access to a multi-billion-dollar addressable market opportunity.
  • Increasing ingredient manufacturing can help diversify our agriculture sector and increase our productivity, creating new economic growth for Canada," Protein Industries Canada CEO Bill Greuel said.
  • "Together, Burcon, HPS and Puratos are developing a line of ingredients, food and beverage products that will do this, while also bringing new, diverse protein options to market."

HPS and Burcon to Highlight World's First 95% Hempseed Protein Isolate at Natural Products Expo West

Retrieved on: 
Monday, March 4, 2024
TSX, Drink, HPS, Fine chemical

Stop by the HPS Food & Ingredients booth #538 to learn more about this exceptional, clean-label, high protein powder

Key Points: 
  • At Expo West, Burcon and HPS will spotlight the exceptional taste, color, and purity of the 95% hempseed protein isolate, a breakthrough achievement in plant-based protein innovation.
  • "We are thrilled to show the world our 95% hempseed protein isolate," said Kip Underwood, Burcon's chief executive officer.
  • "Expo West provides an ideal platform to engage with buyers of natural and healthy products.
  • Visit the HPS team at Expo West booth #538 for more information on our innovative hempseed protein isolate.

Burcon Reports Fiscal 2024 Third Quarter Results

Retrieved on: 
Wednesday, February 14, 2024
Food court, TSX, Loss, Calendar, Drink, Webcast, Fine chemical

Vancouver, British Columbia--(Newsfile Corp. - February 14, 2024) - Burcon NutraScience Corporation (TSX: BU) ("Burcon" or the "Company"), a global technology leader in the development of plant-based proteins for foods and beverages, reported results for the fiscal third quarter ended December 31, 2023.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - February 14, 2024) - Burcon NutraScience Corporation (TSX: BU) ("Burcon" or the "Company"), a global technology leader in the development of plant-based proteins for foods and beverages, reported results for the fiscal third quarter ended December 31, 2023.
  • Burcon's fiscal 2024 third quarter and year-to-date showcased robust execution and value creation, marked by the achievement of three significant milestones.
  • Due to strong customer demand, Burcon and its partner, HPS Food and Ingredients, accelerated their plans to commercialize hemp protein.
  • We expect to begin commercial production this quarter, with additional production runs slated for the first half of 2024.

Burcon Announces Fiscal 2024 Third Quarter Conference Call to be Held on February 14, 2024

Retrieved on: 
Wednesday, January 31, 2024
TSX, Webcast, Drink

The Company's financial results will be issued in a press release prior to the call.

Key Points: 
  • The Company's financial results will be issued in a press release prior to the call.
  • A link to the webcast of the conference call is available on Burcon's website under "Presentations" or directly here .
  • The webcast will also be archived for future playback.
  • Investors interested in participating in the live call can dial in using the details below:

Burcon Adds Patents, Optimizes Patent Portfolio to Drive Innovation and Efficiency

Retrieved on: 
Wednesday, January 17, 2024
Drink, Patent, TSX, Invention, Fine chemical

Strategically Reduced Patent Expenses by 62% in the Last 12 Months

Key Points: 
  • In addition, through optimization of its intellectual property portfolio, patent expenses have reduced by 62% over the past 12 months, as compared to a year ago.
  • By streamlining the patent portfolio, Burcon is positioning itself for increased innovation, agility, and competitive advantage in the fast-growing plant-based protein industry.
  • "This patent optimization effort reflects our commitment to efficiency, innovation, and value creation for our shareholders."
  • Burcon is actively expanding its portfolio for its hemp and sunflower technologies, recognizing their growing significance in the plant-based protein market.

Burcon Charts Path to Revenue Growth in Shareholder Letter

Retrieved on: 
Monday, December 18, 2023
Protein, Food, Economics, CytoSport, Marketing, Acquisition, Taste, Drink, PepsiCo, Mac, Letter, Growth, TSX

Burcon's financing in May 2023 enabled us to launch Burcon 2.0, in which we fine-tuned our strategies and business plans.

Key Points: 
  • Burcon's financing in May 2023 enabled us to launch Burcon 2.0, in which we fine-tuned our strategies and business plans.
  • Our hemp launch in July has given us a direct path to revenue.
  • As Burcon expects to begin generating revenue from hemp sales, we continue to build on our business momentum with initiatives to drive growth and pave the way to profitability.
  • Our bullish outlook for 2024 marks a significant step in our journey, charting a course towards sustainable growth and profitability for Burcon.

Burcon Enters into Production Agreement with Partner Manufacturer to Produce Hempseed Protein

Retrieved on: 
Thursday, December 7, 2023
TSX, Partnership, Food, Snack, HPS, Drink, Fine chemical

Under the terms of the agreement, Burcon will combine its proprietary equipment with the existing infrastructure and manufacturing capabilities of its contract partner to commercially produce the innovative hempseed protein isolate.

Key Points: 
  • Under the terms of the agreement, Burcon will combine its proprietary equipment with the existing infrastructure and manufacturing capabilities of its contract partner to commercially produce the innovative hempseed protein isolate.
  • We expect to complete the process validation trials and begin commercial production in early 2024.
  • This strategic collaboration is a capital-light approach expected to rapidly bring our hempseed protein to market to meet the increasing demand for this exceptional high purity protein ingredient.
  • Burcon and HPS believe the 95% hempseed protein isolate is poised to set a new benchmark for high-purity premium protein ingredients.