Burcon Achieves First Commercial Production of PurateinC Canola Protein

Burcon Nutrascience Corporation (TSX: BU,OTC:BRCND) (OTCQB: BRCNF) ("Burcon" or the "Company"), a global technology leader in plant-based protein innovation, is pleased to announce the successful commercial production at the Galesburg facility of Puratein®C, its 90%+ high-purity canola protein isolate, now available for immediate delivery to customers. This milestone represents a major step forward in Burcon's strategy to scale revenue and expand its portfolio of next-generation plant proteins for use in food, beverage, foodservice, nutrition, and nutraceutical product applications.

"With three proteins now successfully produced at commercial scale, Burcon has proven both its technology platform and execution capability," said Kip Underwood, chief executive officer. "This milestone demonstrates that we can reliably scale innovation into production, creating multiple new revenue streams and expanding our market opportunity."

As global demand for high-quality, sustainable protein continues to accelerate, Burcon's proprietary canola protein technology offers a compelling solution. The process upcycles by-products from solvent-free canola oilseed processing to extract a high-purity protein isolate with exceptional nutritional, functional and flavor properties.

Puratein C is a high-purity canola protein isolate with over 90% protein content, extracted from non-GMO, North American-grown canola seeds. It features a complete amino acid profile, including all nine essential amino acids, and delivers a Protein Digestibility-Corrected Amino Acid Score (PDCAAS) of 1. With its high solubility, light cream color, and mild flavor profile, Puratein C is ideal for a wide range of food and beverage applications-from dairy alternatives and ready-to-drink beverages to meat analogues, sauces, and baked goods-and also for foodservice, nutrition and nutraceutical products.

For product samples or sales inquiries, please contact Benoit Keppenne at bkeppenne@burcon.ca.

About Burcon Nutrascience Corporation

Burcon is a global technology leader in high-performance plant-based proteins for the food and beverage industry. Our commercial ingredients offer superior taste, texture, and functionality-ideal for formulators seeking next-generation protein solutions. Backed by over two decades of innovation, Burcon holds an extensive patent portfolio covering novel proteins derived from pea, canola, soy, hemp, sunflower, and other plant sources. As a key player in the rapidly growing plant-based market, Burcon is committed to sustainability and to creating best-in-class protein solutions that are better for people and the planet. Learn more at www.burcon.ca.

Forward-Looking Information Cautionary Statement

The TSX has not reviewed and does not accept responsibility for the adequacy of the content of the information contained herein. This press release contains forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements or forward-looking information involve risks, uncertainties and other factors that could cause actual results, performances, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements or forward-looking information can be identified by words such as "anticipate," "aim", "intend," "plan," "goal," "project," "estimate," "expect," "believe," "future," "likely," "may," "should," "could," "will" and similar references to future periods. All statements included in this release, other than statements of historical fact, are forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements or information. Important factors that could cause actual results to differ materially from Burcon's plans and expectations include the implementation of our business model and growth strategies; trends and competition in our industry our future business development, financial condition and results of operations and our ability to obtain financing cost-effectively; potential changes of government regulations, and other risks and factors detailed herein and from time to time in the filings made by Burcon with securities regulators and stock exchanges, including in the section entitled "Risk Factors" in Burcon's annual information form for the year ended March 31, 2025 and its other public filings with Canadian securities regulators on SEDAR+ at www.sedarplus.ca. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements or information. Any forward-looking statement or information speaks only as of the date on which it was made, and, except as may be required by applicable securities laws, Burcon disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Although Burcon believes the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and, accordingly, investors should not rely on such statements.

Industry and Investor Contact
Paul Lam
Director, Investor Relations and Communications
Burcon Nutrascience Corporation
490 - 999 West Broadway, Vancouver, BC, V5Z 1K5
Tel (604) 733-0896, Toll-free (888) 408-7960
plam@burcon.ca www.burcon.ca

Media Contact:
Steve Campbell, APR
President
Campbell & Company Public Relations
Tel (604) 888-5267
TECH@CCOM-PR.COM

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265100

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Burcon Nutrascience Corporation

Burcon is a global technology leader in the development of plant-based proteins. With over 285 issued patents and more than 250 additional patent applications, that have been 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. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. 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.

Burcon Launches High-Purity, Nutritionally Complete Canola Protein

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Burcon Nutrascience Corporation (TSX: BU) (OTCQB: BRCNF) ("Burcon" or the "Company"), a global technology leader in the development of plant-based proteins for foods and beverages, proudly announces the launch of its high-purity, nutritionally complete canola protein, expanding its portfolio of high quality, better-for-you protein ingredients.

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"We are excited to announce improved access for US investors by initiating trading on the OTCQB," said Kip Underwood, Burcon's chief executive officer. "This move provides more investors the opportunity to be a part of Burcon's success. Our focus areas for the balance of 2024 include ramping production to meet hempseed protein demand and launching additional plant proteins to market via our capital-light business model. Through these actions and others, we continue our path towards becoming a profitable business fueled by plant protein innovation."

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To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • Estimated TAM of $40.6 Billion
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  • $4.0M in cash

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Burcon Nutrascience Corporation (TSX: BU) ("Burcon" or the "Company"), a global technology leader in the development of plant-based proteins for foods and beverages, and HPS Food and Ingredients Inc. ("HPS") are proud to announce a significant milestone in its partnership to commercialize the world's first high purity hemp protein isolate. Burcon and HPS have achieved their first commercial sales of hemp protein, tapping into a rapidly growing multi-billion dollar addressable market.

Through Burcon's capital-light approach, the Company is bringing its best-in-class hemp protein to market, poised to capture recurring revenue from ingredient sales. By establishing commercial capabilities and scaling up production, Burcon has successfully developed a route-to-market that enables speed and influence over the manufacture of its proteins. In response to strong customer interest, which has surpassed initial expectations, Burcon is in the process of ramping up production to meet the growing demand.

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