Burcon updates on business activities

Burcon NutraScience Corp has raised gross proceeds of $16.9 million through a public offering of 2,942,950 common shares at $5.75 per share in June 2009.

This is part of the financial results for the fiscal year ended March 31, 2010.

The company has also graduated to the Toronto Stock Exchange on June 18, 2009 and obtained publication in peer-reviewed journals of research reports summarizing the design and conclusions of the toxicology studies conducted on Puratein and Supertein canola protein isolates.

It has also filed a formal GRAS notification with the U.S. Food and Drug Administration (‘FDA”) in January this year in support of a cruciferin-rich canola protein isolate and a napin-rich canola protein isolate.