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UNITED STATES
SAFETY AND EXCHANGES COMMISSION
Washington, D.C. 20549
FORM 6-K
FOREIGN PRIVATE ISSUER DECLARATION PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2022
Commission file number: 001-35289
Burcon NutraScience Corporation
(Translation of the declarant’s name in English)
1946 West Broadway Vancouver, British Columbia, Canada V6J 1Z2
(Address of main executive offices)
Indicate with a tick whether the registered person files or will file annual reports in 20-F or 40-F envelopes.
[ x ] Form 20-F [ ] Form 40-F
Indicate with a check mark if the filer is submitting Form 6-K on paper, as permitted by ST Rule 101(b)(1): [ ]
Indicate with a check mark if the filer is submitting Form 6-K on paper, as permitted by ST Rule 101(b)(7): [ ]
SUBMITTED BELOW
Exhibitions
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, duly authorized thereto.
| BURCON NUTRASCIENCE CORPORATION | ||
| (Incumbent) | ||
| Date: July 21, 2022 | By: | /s/ Jade Cheng |
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| Jade Cheng | ||
| Title: | Financial director | |
Press release
Burcon JV, Merit Functional Foods Launches New Peazazz C Pea Protein Ingredient
Peazazz C offers exceptional solubility and an unrivaled smooth creamy texture
Vancouver (British Columbia), July 21, 2022 — Burcon NutraScience Corporation (“Burcon or the “Company”) (TSX: BU) (NASDAQ:BRCN), a global technology leader in the development of plant-based proteins for food and beverages, is pleased to announce that its joint venture, Merit Functional Foods Corporation (“Merit”) has launched its new protein ingredient , Peazazz C™ Pea Protein, a unique and different pea protein that delivers smooth, grain-free texture in ready-to-drink (“RTD”) beverages.
Through an innovative proprietary process, Merit introduces Peazazz C™, a high-purity pea protein that delivers exceptional taste and solubility, with the ability to create a smooth creamy texture without the chalkiness often associated with beverage-based applications. of plants. Peazazz C™ has a low viscosity allowing feed formulators to achieve a smooth, pleasing texture without sedimentation, even at higher double-digit protein inclusion levels.
“Plant-based beverages are one of the biggest categories in the plant-based market. The launch of this differentiated pea protein ingredient couldn’t have come at a better time as food formulators actively search for better ingredients to improve their formulations,” said Peter H. Kappel, Interim CEO. and Chairman of the Board of Directors of Burcon, added, “We hope that the production and sale of Peazazz C™ can help Merit increase its market penetration in the area of protein ingredients.
Peazazz C™ is produced from yellow peas grown in Canada and produced with full traceability back to the farm, providing plant-based food and beverage brands with a reliable source of plant-based protein. Peazazz C™ also has the ability to support low sodium claims in high protein applications, providing a healthier plant-based protein option.
“Consumers who try herbal applications such as RTD beverages often notice a grainy texture, with sediment building up at the bottom of the bottle,” said Merit Co-CEO Ryan Bracken. “Peazazz C™ is the solution formulators have been looking for to solve this common problem. With its high solubility and low viscosity, it has the functionality that formulators need to deliver an optimal sensory experience.”
For more information on Merit’s innovative pea protein ingredients, please visit Merit’s website here.
About Burcon NutraScience Corporation
Burcon is a global technology leader in the development of plant-based proteins for food and beverages. With over two decades of experience in formulating high-purity proteins that have superior functionality, taste and nutrition, Burcon has amassed an extensive patent portfolio covering its novel vegetable proteins derived from peas, canola, soy , hemp, sunflower seeds, among other source plants. In 2019, Merit Functional Foods Corporation (“Merit Foods”) was formed between Burcon and three veteran food industry executives. Merit Foods has since built and commissioned a state-of-the-art protein production facility in Manitoba, Canada, which produces, under license from Burcon, best-in-class pea and canola protein for industries. of food and drink. For more information, visit www.burcon.ca.
Caution Regarding Forward-Looking Information
The TSX has not reviewed and accepts no 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 United States law. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, including statements regarding the signing of definitive loan documentation and the drawing down of the loan. Forward-looking statements or forward-looking information involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements or forward-looking information may be identified by words such as “anticipate”, “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 plans and expectations of Burcon include our ability to comply with Nasdaq listing rules, the implementation of our business model and growth strategies; trends and competition in our industry, our future business development, our financial condition and our results of operations and our ability to profitably obtain financing; potential changes in government regulations ntals; and other risks and factors detailed herein and from time to time in Burcon’s filings with securities and stock exchange regulators, including in the section entitled “Risk Factors” in Burcon’s Annual Information Form. Burcon for the fiscal year ended March 31, 2022 and its other public filings with Canadian securities regulators on SEDAR at www.sedar.com and with the United States Securities and Exchange Commission on EDGAR at www.sec. gov. This list is not exhaustive of factors that could affect the Company’s forward-looking statements or information. Any forward-looking statement or information speaks only as of the date on which it is made and, except as required by applicable securities laws, Burcon disclaims any intention or obligation to update any forward-looking statement, whether whether as a result of new information, future events or otherwise. Although Burcon believes that the assumptions inherent in forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, investors should not rely on such statements.
Industry contact details
Paul Lam
Director, Investor Relations
Burcon NutraScience Corporation
Tel (604) 733-0896, Toll Free (888) 408-7960
[email protected] www.burcon.ca
Contact Investor
James Carbonara
R.I. Hayden
Tel (646) 755-7412
[email protected]
Media Contact:
Steve Campbell, April
President
Campbell & Company Public Relations
Tel (604) 888-5267
[email protected]