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Financed by a debt financing package of $85m provided by a syndicate of lenders, the new plant will increase the company’s production capacity and propel growth. June 22 2020 1:24pm Speaking outside Rideau Cottage in Ottawa on Monday, Canadian Prime Minister Justin Trudeau announced financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. ' commences a long-term relationship among the parties, covering Merit’s novel novel plant protein ingredients for use in Nestlé’s plant-based foods and beverages. “This facility is going to be key in redefining plant-based protein,” Merit Co-CEO Ryan Bracken said. blends that offer unmatched purity, exceptional taste, and excellent “This Ms. Fang has 20 years’ experience in the fast moving consumer goods industry, across mergers and acquisitions,…, Vancouver, British Columbia, June 29, 2020 — Burcon NutraScience Corporation (TSX: BU; OTCQB: BUROF), a global leader in developing functionally and nutritionally valuable plant-proteins, reported results for the year ended March 31, 2020. "The Manitoba government is very happy to have Merit Functional Foods investing in a protein extraction facility here in Manitoba. proteins,” Burcon’s President and CEO Johann F. Tergesen said. Foods,” Merit Co-CEO Ryan Bracken said. Merit Functional Foods is developing a 65,000ft 2 pea protein and canola protein production facility in the northern part of Centreport, Manitoba, Canada. global leader in food and nutrition – is a great milestone for Merit Functional Merit Functional Foods, visit meritfoods.com. © 2021 Merit Functional Foods | Privacy Policy, 400 Goldenrod Drive | Winnipeg, MB | R3C 2E6 | (888) 213-4725. President and CEO Johann F. Tergesen will host one-on-one meetings on Friday, December 11th. DGAP-News: Burcon NutraScience Corp.: Merit Functional Foods weitet Produktionskapazität aus, vereinbart Fremdfinanzierungspaket in Höhe von 85 Millionen CAD … DGAP-News: Burcon NutraScience Corp. / Schlagwort(e): Kooperation Burcons JV-Gesellschaft Merit Functional Foods geht eine Partnerschaft mit Bunge ein, um Erbsen- und Rapsprotein auf den Markt bringen 28.08.2020 / 12:10 Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. For more information visit www.burcon.ca. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. The remaining 60 per cent of Merit is owned by Shaun Crew, Barry Tomiski and Ryan Bracken, who were involved in the founding of Hemp Oil Canada Inc. The state-of-the-art facility, which is scheduled to be completed in Q4 2020 will be the only commercial facility in the world with the capability to produce food grade canola proteins. Januar 2020 - Burcon NutraScience Corporation (TSX: BU), ein weltweit führendes Unternehmen bei der Entwicklung pflanzlicher Proteine, teilt mit, dass sein Gemeinschaftsunternehmen Merit Functional Foods Corporation ("Merit Foods") heute verkündet … Merit Functional Foods is developing a 65,000ft 2 pea protein and canola protein production facility in the northern part of Centreport, Manitoba, Canada. Merit is building a state-of-the-art production facility in which is expected to be completed by the fourth quarter of 2020. Merit is currently building its commercial-scale production facility, Whether you’re reformulating or developing a new plant-based product, our high-quality plant proteins are game-changing tools that are the result of our proprietary, extraction … solubility. Terms of use, Burcon to Participate in the Roth Deer Valley Virtual Consumer Conference, Burcon Announces Results of Shareholder Meeting, Burcon Provides Business Update and Notice to Convertible Debenture Holders, Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market, Burcon Agrees to Terminate Clarisoy License Agreement with ADM, Burcon Announces Appointment of Debora Fang to its Board of Directors, Burcon Announces Fiscal 2020 Results and Reviews Operations. The facility will produce the world’s highest purity and highest quality pea and canola protein, is well underway. Merit Functional Foods announces today a new partnership with Bunge Limited that will bolster its mission to provide plant-based protein ingredients with unmatched purity and quality. Merit Functional Foods’ new facility taking shape in Manitoba. "The made-in-Canada agricultural technologies and innovations from Merit Functional Foods not only give us a competitive advantage in the global marketplace, they are creating jobs and adding value to our farmers` commodities," said Marie-Claude Bibeau, Minister … Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon’s novel pea and canola protein ingredients. A rendering of Merit Functional Foods Corporation's 88,000-square-foot pea and canola protein extraction facility in the northwest area of Winnipeg. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Vancouver, British Columbia, December 7, 2020 — Burcon NutraScience Corporation (TSX: BU  OTCQB: BUROF) a global technology leader in the development of plant-based proteins, is scheduled to participate in the Roth Virtual Deer Valley Conference. Established in 2019, The goal of the joint agreement is to develop and commercialize Merit’s Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg to produce high quality pea and canola proteins. as part of his morning address on Monday (June 22). The Burcon facility will be owned by Merit Functional Foods Corporation, which is 40 per cent owned by Burcon. DGAP-News: Burcon NutraScience Corp. / Schlagwort(e): Finanzierung Burcon NutraScience Corp.: Merit Functional Foods weitet Produktionskapazität aus, vereinbart Fremdfinanzierungspaket in Höhe von 85 Millionen CAD 04.05.2020 / 18:15 Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Das Unternehmen hat sich zum Ziel gesetzt, die Erwartungen an pflanzliche Proteine zu übertreffen und den Markt mit der höchsten Qualität an Proteinzutaten und Mischungen zu versorgen, welche unübertroffene Reinheit, herausragenden Geschmack und außergewöhnliche Löslichkeit bieten. The governments of Canada and Manitoba will invest up to $2.5 million cost-shared funding under the Canadian Agricultural Partnership program to support new technologies in Merit Functional Foods’ new state-of-the-art, 94,000 square foot plant protein production facility in Winnipeg, Terry Duguid, Parliamentary Secretary to the Minister of Economic Development and Official … For more information on Burcon’s proprietary and patented extraction and purification technology. The joint agreement DGAP-News: Burcons JV-Gesellschaft Merit Functional Foods geht eine Partnerschaft mit Bunge ein, um Erbsen- und Rapsprotein auf den Markt bringen. June 22 2020 1:24pm Speaking outside Rideau Cottage in Ottawa on Monday, Canadian Prime Minister Justin Trudeau announced financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. ' The newly launched Merit Functional Foods is seeking to uproot … The Government of Canada has announced financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. (Submitted/Raymond S.C. Wan Architect Inc.) Company profile page for Merit Foods LLC including stock price, company news, press releases, executives, board members, and contact information News release. In 2019, Burcon established Merit Functional Foods Corporation in a joint venture with three veteran food industry executives. Consumers today are looking for great taste, simple labels and alternative sources…, Vancouver, August 27, 2020 – Burcon NutraScience Corporation (“Burcon”) (TSX:BU, OTCQB:BUROF), a global technology leader in the development of plant-based proteins, is pleased to announce that its joint venture company, Merit Functional Foods Corporation (“Merit Foods” or “Merit”) has received a $30 million investment from a new equity partner, Bunge Limited (NYSE: BG) (“Bunge”), a…, Vancouver, August 10, 2020 / – Burcon NutraScience Corporation (“Burcon”) (TSX:BU, OTCQB:BUROF), a global technology leader in the development of plant-based proteins, announced today that Burcon and ADM have agreed to terminate the license and production agreement dated March 4, 2011 made among Burcon, Burcon NutraScience (MB) Corp. and ADM  for CLARISOY™ soy protein effective…, Vancouver, July 6, 2020 / – Burcon NutraScience Corporation (“Burcon”) (TSX:BU, OTCQB:BUROF), a global technology leader in the development of plant-based proteins, is pleased to announce that Ms. Debora Fang has been appointed to its board of directors. Merit Functional Foods Corp videos and latest news articles; GlobalNews.ca your source for the latest news on Merit Functional Foods Corp . Merit will market Burcon’s pea and canola proteins to food manufacturer companies. The production facility is expected to be completed by the fourth quarter of 2020. Über Merit Functional Foods Merit Functional Foods wurde 2019 gegründet. Merit Functional Foods is committed to exceeding expectations for plant-based Burcon is a global technology leader in the development of plant-based proteins. 2020) – Merit Functional Foods and its technology partner Burcon NutraScience Merit Functional Foods wurde 2019 gegründet. About Merit Functional Foods. Article content. Prime Minister Justin Trudeau has announced the funds will go to Merit Functional Food in Winnipeg. Vancouver (British Columbia), den 10. Contact Us Let's grow together Fill out the form to get in touch, or call us direct at (888) 213-4725. DGAP-News: Burcon NutraScience Corp. / Schlagwort(e): Kooperation Burcons JV-Gesellschaft Merit Functional Foods geht eine Partnerschaft mit Bunge ein, um Erbsen- und Rapsprotein auf den Markt bringen 28.08.2020 / 12:10 Für den Inhalt … The new facility is also expected to create 80 new jobs. Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. DGAP-News: Burcon NutraScience Corp.: Merit Functional Foods weitet Produktionskapazität aus, vereinbart Fremdfinanzierungspaket in Höhe von 85 Millionen CAD (deutsch) 04.05.2020 um 18:15 Uhr Burcon NutraScience Corp.: Merit Functional Foods weitet Produktionskapazität aus, vereinbart Fremdfinanzierungspaket in Höhe von 85 Millionen CAD Das Unternehmen hat sich zum Ziel gesetzt, die Erwartungen an pflanzliche Proteine zu übertreffen und den Markt mit der höchsten Qualität an Proteinzutaten und Mischungen zu versorgen, welche unübertroffene Reinheit, herausragenden Geschmack und außergewöhnliche Löslichkeit bieten. Winnipeg, where it will produce a portfolio of pea and canola protein Pressemitteilung Merit Functional Foods erhält Co-Investment von Protein Industries Canada. Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. At Merit Functional Foods, we’re committed to sustainability and improved outcomes for our planet. Merit is building a state-of-the-art production facility in Winnipeg, where it will produce a portfolio of pea and canola protein … for the future.”. Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market 08/27/2020. It is claimed to be the world’s first commercial canola-protein manufacturing plant. novel proteins.”, “We are thrilled to be news Collaborative partnership announced for plant-based proteins. For more Protein production plant breaks ground in Centreport. Merit Functional Foods’ new production facility is under construction in Winnipeg, Manitoba, Canada. Prime Minister Justin Trudeau announced $90 million in government financing — mostly loans — for the Merit Functional Foods plant protein facility that’s being built at Winnipeg, Man. with Nestlé. Merit Functional Foods Corp. has already broken ground on its new $65-million pea and canola protein production plant in the BrookPort industrial park in the northern part of Centreport only months after closing its financing. proteins. (Credit: Merit Functional Foods/Business Wire) Merit Functional Foods announced that the construction is in progress on its new production facility in Winnipeg, Manitoba. years. Merit baut derzeit eine hochmoderne … This new partnership helps Merit Functional Foods is building a new processing facility in Winnipeg that will derive protein from both canola and peas resulting in up to 17,000 metric tonnes of canola being purchased from Manitoba producers in its first year of operation and 10,000 metric tons of peas at an estimated value of $14 million. DGAP-News: Burcon NutraScience Corp. / Schlagwort(e): Kooperation Burcons JV-Gesellschaft Merit Functional Foods geht eine Partnerschaft mit Bunge ein, um Erbsen- … partnering with Nestlé to optimize these already exciting novel plant build on this, and it’s a major step in developing the next generation of This announcement comes on the heels of the company’s debut at the 2019 SupplySide West trade show. Burcon, Nestlé and Merit Functional Foods Corporation have partnered to accelerate the development of plant-based meat and dairy alternatives with a … About Merit Functional Foods. collaboration among Burcon, Nestlé, and Merit is about strategically innovating Merit will be the first facility in the world with the capability to produce food-grade canola protein ready and safe for human consumption. “Merit has already demonstrated the About Merit Functional Foods. By Martin Cash. Ottawa is investing $100 million in Canada’s plant-based food industry. WINNIPEG, Manitoba (November 11, 2019) – Merit Functional Foods announces today that its high-protein product portfolio has obtained Generally Recognized As Safe (“GRAS”) status from the US Food and Drug Administration (“FDA”). Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support It is claimed to be the world’s first commercial canola-protein manufacturing plant. DGAP-News: Burcon NutraScience Corporation / Key word(s): Miscellaneous Burcon: Merit Functional Foods Expanding Production Capacity 04.05.2020 / 14:10 … DGAP-News: Burcon NutraScience Corp.: Merit Functional Foods weitet Produktionskapazität aus, vereinbart Fremdfinanzierungspaket in Höhe von 85 Millionen CAD (deutsch) Burcon has been developing its plant-based protein technology for more than 19 All of the eight nominees set out in Burcon’s management proxy…, Vancouver, September 2, 2020 / – Burcon NutraScience Corporation (“Burcon”) (TSX:BU, OTCQB:BUROF), a global technology leader in the development of plant-based proteins, is pleased to provide further updates with respect to its activities and announces the forced conversion of its outstanding convertible debentures. With over 270 issued patents and more than 260 additional patent applications, developed over a span of more than twenty years, Burcon has grown an extensive portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed and more. Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market 08/27/2020. ingredients with exceptional functional and nutritional values. Canada-based Merit Functional Foods - a joint venture between plant protein tech specialist Burcon NutraScience and three veteran food industry executives – … MERIT FUNCTIONAL FOODS. WINNIPEG, Manitoba (January 24, About Merit Functional Foods. nutritious and delicious plant-based products that draw on the benefits of our In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. The joint venture company, which the partners intend to rebrand as Merit Functional Foods Corporation (“Merit Foods”), has entered into a royalty-bearing licence agreement with Burcon for the production, sale and distribution of Burcon’s pulse proteins, including Peazazz® and Peazac™ pea proteins, as well as Supertein®, Puratein® and Nutratein® canola proteins. Interested investors should contact their Roth…, Vancouver, British Columbia, September 18, 2020 — Burcon NutraScience Corporation (TSX: BU  OTCQB: BUROF) a global technology leader in the development of plant-based proteins, is pleased to announce the results from its 2020 annual meeting of shareholders (the “Meeting”) held on September 17, 2020. protein, providing the market with the highest quality protein ingredients and Merit Functional Foods will construct a commercial-scale protein extraction facility that will produce plant proteins superior in solubility, flavour and purity. “Fiscal 2020 was truly a transformational year for Burcon,” said Johann F. Tergesen, Burcon’s president and chief executive officer, adding, “Coming out…, Legal notice | Merit Foods is building a 94,000 square foot production facility in Manitoba, Canada to produce, under license, Burcon’s novel pea and canola protein ingredients. Merit Functional Foods Corp videos and latest news articles; GlobalNews.ca your source for the latest news on Merit Functional Foods Corp . ST. LOUIS — Bunge Ltd. has made a $30 million capital investment in Merit Functional Foods, giving the ingredient supplier a minority interest in the Canadian-based company. When completed, the 94,000ft² facility will produce high-quality pea and canola protein. Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. DGAP-News: Burcon NutraScience Corp. / Schlagwort(e): Finanzierung Burcon NutraScience Corp.: Merit Functional Foods weitet Produktionskapazität aus, vereinbart Fremdfinanzierungspaket in Höhe von 85 Millionen CAD Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg, Manitoba to produce high quality pea and canola proteins. facility, Merit will produce various plant-based protein ingredients using are pleased to announce they have entered into a joint development agreement (JDA) Merit Functional Foods is building a new processing facility in Winnipeg that will derive protein from both canola and peas resulting in up to 17,000 metric tonnes of canola being purchased from Manitoba producers in its first year of operation and 10,000 metric tons of peas at an estimated value of $14 million. DGAP-News: Burcon NutraScience Corp. / Schlagwort(e): Joint Venture Burcons Joint-Venture-Gesellschaft Merit Functional Foods sichert sich weitere 10 Millionen CAD Finanzierung 23. information, visit meritfoods.com. Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with disruptive protein ingredient solutions that offer unmatched purity, exceptional taste, and excellent solubility. “Partnering with Nestlé – a That’s why we’re working so hard to develop plant proteins that can change the way the world’s consumers get their protein—a necessary nutrient. impact of our novel proteins in plant-based foods. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon’s novel pea and canola protein ingredients. 28 January 2020 | By Rachael Harper (New Food Magazine). 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