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Gold/Mining/Energy : BPI Industries Ltd (BPR-VSE)

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To: VIP Condo who wrote (171)9/24/1998 7:33:00 AM
From: Francis R. Biscan Jr.  Read Replies (1) of 355
 
BPI Industries Inc. SYMBOL : BPR.V

650 West Georgia Street, Suite 610, Vancouver, B.C. V6B 4N7 Tel : 604-685-8688 Fax : 604-683-1797
www.bpi-industries.com

NEWS RELEASE

For Immediate Release, September 22, 1998

INVESTMENT BANKER JOINS COMPANY'S BOARD

BPI INDUSTRIES INC. (the "Company") (BPR - VSE) is pleased to announce that Mr. R. Stuyvesant Pierrepont III has joined the Company as a director.

Mr. Pierrepont, aged 44, is Senior Vice President, Secretary and a Director of Triumph Resources Corporation, a New York investment bank that specializes in financing and advising energy companies. Mr. Pierrepont has been with Triumph since 1982. He serves as a Director to several other companies and brings to BPI a wealth of experience in growing E & P companies.

Mr. Pierrepont will replace Mr. Costa Vrisakis on the board. The Company looks forward to working with an individual of Mr. Pierrepont's experience and expertise.

ON BEHALF OF THE BOARD OF DIRECTORS

"Curtis R. Huber"
Curtis R. Huber
Director

For Further Information Contact
800-803-3204 or 604-685-8688
info@bpi-industries.com

THE VANCOUVER STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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