BRCNF on OTC

Burcon NutraScience Corp

Burcon NutraScience Corp is a Canadian dairy products company that raised $5.2 million in 2025 (SEC Form D).2 It is headquartered in Vancouver, Canada.2 Its shares trade on OTC under the symbol BRCNF.2

$0.89 down 0.01 (1.20%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 21, 2026.

Overview

171.5KRevenue, fiscal 20224
-10.3MNet income, fiscal 20224

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  • TickerBRCNF on OTC2
  • IndustryDairy Products2
  • HeadquartersVancouver, Canada2
  • Incorporated inBritish Columbia, Canada5
  • Business address1946 West Broadway, Vancouver, A1 V6J 1Z25
  • Filer categoryNon-accelerated filer5
  • Legal formCorporation2
  • LEI391200FXBJCM5THDSO982
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressBURRARD STREET 666, V6C 2X8 Vancouver, Canada2
  • Registered withBC Registry Services, C12673872

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.

Key numbers, fiscal 2022

-4314.2%Operating margin4
-5982.6%Net margin4
-33.7%Revenue growth, 20224
-36.3%Return on equity4
-6.0M CADFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Research and development96¢1.8M CAD
  • Interest4¢72.5K CAD

Out of 171.5K CAD in revenue.4 The company lost money this year.

Financial statements

Revenue4171.5K CAD in 2022+451% since 2020
0100.0K CAD200.0K CAD300.0K CAD2020: 31.1K CAD31.1K CAD20202021: 258.6K CAD258.6K CAD2021+731%2022: 171.5K CAD171.5K CAD2022−34%
Operating income4-7.4M CAD in 2022+99% since 2020
-8.0M CAD-6.0M CAD-4.0M CAD-2.0M CAD02020: -3.7M CAD-3.7M CAD20202021: -4.6M CAD-4.6M CAD2021+23%2022: -7.4M CAD-7.4M CAD2022+61%
Net income4-10.3M CAD in 2022+121% since 2020
-15.0M CAD-10.0M CAD-5.0M CAD02020: -4.6M CAD-4.6M CAD20202021: -617.5K CAD-617.5K CAD2021−87%2022: -10.3M CAD-10.3M CAD2022+1561%
Fiscal year2019202020212022
Revenue31.1K CAD4258.6K CAD4171.5K CAD4
Research and development1.8M CAD4
Operating income-3.7M CAD4-4.6M CAD4-7.4M CAD4
Interest72.5K CAD4
Income tax0 CAD4
Net income-4.6M CAD4-617.5K CAD4-10.3M CAD4
Earnings per share (diluted)-0 CAD/shares4-0 CAD/shares4-0 CAD/shares4
Shares (weighted, basic)108.6M shares4

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Corporate structure

Burcon NutraScience Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Burcon NutraScience Corp

  • AWM Investment Company, Inc. Filed SCHEDULE 13G/A on Burcon NutraScience Corp, latest May 8, 2025 (4 filings since Feb 14, 2024)
  • Yiu Lun Alan Chan Filed SC 13G on Burcon NutraScience Corp, latest Jan 26, 2022
  • Burcon NutraScience Corp Vancouver, British Columbia, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Burcon NutraScience Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net859.4K CAD4 Mar 31, 20221.0M CAD4 Mar 31, 2021−14.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents7.0M CAD4 Mar 31, 202214.0M CAD4 Mar 31, 2021−49.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill1.3M CAD4 Mar 31, 20221.3M CAD4 Mar 31, 20210%

Inventory

ItemLatestA year beforeChange
Inventory, total0 CAD4 Mar 31, 2022132.5K CAD4 Mar 31, 2021−100.0%

Leadership

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerAlex Varty named Jan 15, 20267
  • Executive OfficerDorothy Law named May 23, 2023 to Jan 15, 20267
  • Executive OfficerKip Underwood named May 23, 2023 to Jan 15, 20267
  • Executive OfficerRandy Willardsen named May 23, 2023 to Jan 15, 20267
  • Executive OfficerSchweizer Martin named Mar 25, 2024 to Jan 15, 20267
  • Executive OfficerJade Cheng named May 23, 2023 to Mar 25, 20248
  • Executive OfficerRandy Williardson named Mar 25, 20248
  • Executive OfficerMartin T. Schweizer named May 23, 20239
  • DirectorAlan Chan named May 23, 2023 to Jan 15, 20267
  • DirectorJames P. Pekar named Jan 15, 20267
  • DirectorJeanne E. McCaherty named May 23, 2023 to Jan 15, 20267
  • DirectorJohn A. Vassallo named Mar 25, 2024 to Jan 15, 20267
  • DirectorPeter H. Kappel named May 23, 2023 to Jan 15, 20267
  • DirectorPhilip H. Dowad named Jan 15, 20267
  • DirectorRichard Nazur Jr. named Jan 15, 20267
  • DirectorAaron T. Ratner named May 23, 2023 to Mar 25, 20248
  • DirectorAlfred T.L. Lau named May 23, 2023 to Mar 25, 20248
  • DirectorDebora S. Fang named May 23, 2023 to Mar 25, 20248
  • DirectorLorne Tyrrell named May 23, 2023 to Mar 25, 20248
  • DirectorJ. Douglas Gilpin named May 23, 20239

Timeline

  1. Sep 25, 2020Founded Burcon NutraScience Corp is founded2

Filings

50 filings to the SEC since October 2021: 1 annual reports, 5 large holders, 3 private raises, 41 other. The latest 20:

  1. Jan 15, 2026D EDGAR
  2. May 8, 2025SCHEDULE 13G/A EDGAR
  3. Feb 14, 2025SCHEDULE 13G/A EDGAR
  4. Nov 20, 2024F-7 EDGAR
  5. Nov 14, 2024SC 13G/A BU.CN 13GA EDGAR
  6. Mar 25, 2024D EDGAR
  7. Feb 14, 2024SC 13G BURCON 13G EDGAR
  8. Aug 28, 20236-K EDGAR
  9. May 23, 2023D EDGAR
  10. Sep 12, 202225 EDGAR
  11. Sep 6, 20226-K EDGAR
  12. Sep 2, 20226-K EDGAR
  13. Sep 2, 20226-K EDGAR
  14. Aug 15, 20226-K EDGAR
  15. Aug 15, 20226-K EDGAR
  16. Aug 2, 20226-K EDGAR
  17. Aug 1, 202220-F EDGAR
  18. Jul 29, 20226-K EDGAR
  19. Jul 28, 20226-K EDGAR
  20. Jul 26, 20226-K EDGAR

The 50 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$5.2M 2023–2025
Money received by yearMoney received by year, 2023–2025: $5.2M in all. Private raises (Form D) $5.2M.$0$1M$2M$3M2023 · Private raises (Form D): $1.3M20232024 · Private raises (Form D): $3.0M20242025 · Private raises (Form D): $912.0K2025
Figures by year
YearPrivate raises (Form D)Total
2025$912.0K$912.0K
2024$3.0M$3.0M
2023$1.3M$1.3M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Dec 31, 2025Raised $912,009 in a private offering of securities7 Form D: $5 million offered in all Form D
  2. Mar 12, 2024Raised $3 million in a private offering of equity8 Form D: $4.8 million offered in all Form D
  3. May 8, 2023Raised $1.3 million in a private offering of equity9 Form D: $3 million offered in all Form D

SEC filer profile

How Burcon NutraScience Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBurcon NutraScience Corp1
  • CIK0001158399
  • Employer ID (EIN)98-06865851
  • Filer statusNon-accelerated filer1
  • Incorporated inBritish Columbia, Canada1
  • Fiscal year endsMarch 311
  • Industry code (SIC)2020 Dairy Products1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address1946 West Broadway, Vancouver, A1 V6J 1Z21
  • Phone(604) 733-08961
  • Shares outstanding108,728,742 as of Mar 31, 20224
  • On EDGAR sinceMay 31, 20021
  • Filings261 in all: 6-K (204), SC 13G/A (8), SC 13D/A (7), 40-F (5), F-7 (5), SC 13G (4), 20-F (3), 6-K/A (3)1
    All 21 form types

    D (3), 25 (2), 40-F/A (2), 40FR12B (2), F-X (2), REGDEX (2), SC 13D (2), SCHEDULE 13G/A (2), 15-12B (1), 20-F/A (1), CERT (1), CERTNAS (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (20-F) Aug 1, 2022