Boss Power Seeks New Mineral Projects
22 October 2011 - 7:07AM
Marketwired
Boss Power Corp. (TSX VENTURE:BPU) reports that with the matter of
the lawsuit against the Province of British Columbia for the
expropriation of the Blizzard Uranium Project now behind us, we are
considering what our exploration focus will be moving forward.
The $30,000,000 plus costs that will flow to the company as a
result of the settlement announced October 20th, 2011 will provide
the company with the ability to seek out new exploration projects
and once again make the company an active participant in the junior
resource sector.
The company has the technical and corporate ability within its
management and board of directors to take on the challenges of
mineral exploration in a rapidly changing world.
President and CEO Randy Rogers noted: "Junior resource issuers
need more than viable geological targets to return value to
shareholders. For a company to thrive in any given jurisdiction we
need political stability and security of tenure. The Province of
British Columbia has indicated by settling this expropriation
lawsuit that they are willing to listen to the concerns of the
exploration industry and now has a chance to demonstrate to the
world that British Columbia remains a safe place for exploration
investment."
For additional information, please visit Boss Power's website at
www.bosspower.ca.
On Behalf of the Board of Directors
Boss Power Corp.
Randy Rogers, M.Sc., P.Geo., President & CEO
Contacts: Boss Power Corp. Randy Rogers, M.Sc., P.Geo. President
& CEO 250-558-8952r.rogers@bosspower.ca Boss Power Corp. Tony
Perri Investor Relations, Manager (604) 688-8115 (604) 669-2543
(FAX)www.bosspower.ca
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