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Gold/Mining/Energy : BPI Industries Ltd (BPR-VSE)
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To: Clifford A. Brown who wrote (220)3/3/1999 1:59:00 PM
From: Clifford A. Brown  Read Replies (1) of 355
 
NEWS RELEASE

For Immediate Release, February 23, 1999

BPI INDUSTRIES INC. (the “Company”) (BPR - VSE) wishes to announce that stock options for the purchase of up to
450,000 shares at a price of $1.27 per share have been granted to directors and employees of the Company. The granting of
these options is subject to Vancouver Stock Exchange approval.

ON BEHALF OF THE BOARD OF DIRECTORS

"John C. Loretto"

John C. Loretto, P.Eng.
President
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