News Release Burcon JV Company Merit Functional Foods Secures Additional $10 Million Funding. Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg to produce high quality pea and canola proteins. Merit Functional Foods | 4,151 followers on LinkedIn. Burcon Joint Venture Company Merit Functional Foods Secures Additional $10 Million Funding. | 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. 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. Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg to produce high quality pea and canola proteins. Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg to produce high quality pea and canola proteins. Vancouver, British Columbia--(Newsfile Corp. - June 22, 2020) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BUROF) ("Burcon"), 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 Functional Foods" or "Merit") has secured additional debt financing of $10 million … Since October 1999, Burcon has raised … The joint venture became Merit Functional Foods, which has an exclusive 20-year royalty-bearing license agreement with Burcon for the production, sale, and distribution of pea and canola proteins. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients. DGAP-News: Burcon NutraScience Corp. / Key word(s): Alliance 28.08.2020 / 12:10 The issuer is solely responsible for the content of this announcement. Its name was changed to Merit Functional Foods Corporation on June 20, 2019. The company has a 40 per cent investment in Merit Functional Foods Corporation. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Vancouver-based plant-based proteins manufacturer Burcon NutraScience (TSX: BU) has made a steady climb on the stock market through the pandemic. DGAP-News: Burcon NutraScience Corp. / Key word(s): Alliance Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Founded in 1998, it has a market cap of C$ 226 million and a price to book ratio of 10, as per the data on the TSX. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. 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. Learn more at www.burcon.ca. GENERAL DEVELOPMENT OF THE BUSINESS Burcon was formed in November 1998 as a venture capital pool corporation whose principal business was to identify and evaluate assets, properties or businesses for acquisition. Merit Foods Ltd | 55 followers on LinkedIn | Merit Foods Ltd is a Consumer Goods company located in 1555 White Trl, Elk Grove Village, Illinois, United States. Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg to produce high quality pea and canola proteins. Plant protein, pure and simple. 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. 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. Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg to produce high quality pea and canola proteins. Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market. Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg to produce high quality pea and canola proteins. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. 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. On October 8, 1999 Burcon acquired Burcon-MB. Guru Organic Energy Corp. (TSX: ... “Coming out of the year, we have a strong balance sheet, we established the Merit Functional Foods joint venture and … Vancouver, British Columbia--(Newsfile Corp. - August 27, 2020) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BUROF) ("Burcon"), 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, … 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") … Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg to produce high quality pea and canola proteins. Vancouver, BC, June 23, 2020--Burcon NutraScience Corporation(TSX: BU), a technology leader in the development of plant-based proteins, announced that its joint venture company, Merit Functional Foods Corporation has secured additional debt financing of $10 million in the form of a 10-year …