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Burcon NutraScience Corp T.BU

Alternate Symbol(s):  BRCNF

Burcon NutraScience Corporation is a Canada-based global technology company focused on the development of plant-based proteins for foods and beverages. The Company has an extensive patent portfolio covering its novel plant-based proteins derived from pea, canola, soy, hemp and sunflower seeds, among other plant sources. The Company is engaged in the production of hemp protein isolate and provision of contract research services. Its products include hempseed protein, canola protein, pea proteins and protein blends. Its hempseed protein isolate extraction and purification/production process can produce a high-quality protein ingredient that contains 95% pure protein. It extracts and purifies a canola protein isolate from canola meal. It has branded this protein isolate under the trade name Puratein C. Peazazz is a soluble, clean and neutral-tasting pea protein. It provides consulting and contract services, product and process development, and process scale-up and validation.


TSX:BU - Post by User

Comment by Dogsbreakfast4Uon Nov 16, 2021 12:09pm
241 Views
Post# 34132254

RE:RE:Burcon's share of Merit Reduced

RE:RE:Burcon's share of Merit ReducedNot in this case. This was a desperate move by Merit. They gave cheap equity in exchange of a few dollars that could potentially benefit Bunge at the expense of Burcon. The financing was required because they are having trouble getting their act together. They are also about to announce more high cost financing that will further weight down on Merits future profitability and consequently Burcon's. In the end the only winner in this whole affair will be Bunge and the bankers. Shareholders will be left holding the bag. Those that have bought in the last six months have lost big already and its going to get worse. One have to be delusional to believe otherwise.
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