Burcon NutraScience Corp T.BU

Alternate Symbol(s): BRCNF

Chemicals Specialty Chemicals

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

Burcon NutraScience Corp

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Post by Transat500on Apr 20, 2023 12:00pm

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Post# 35405406

BU Financial package

Looking at Market Q info on T.BU, the main shareholder , with more than 20 millions shares, is currently down more than 100M$ from BU share price at 5.92$

If he has reasons to still believe in the story, if he has some money left to his disposal, we all could guess that he most probably have a lot of motivations to be involve in the financial package to be build to acquire Merit.

Adding to the fact that Burcon know-how and patents are necessary for current products made at Merit facilities and the two main lenders are financial institutions dedicated in helping local economy to grow, this current agonising process could have an happy ending.

Hoping for the best outcome.

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