ABBOTSFORD, British Columbia,
May 4, 2011 /PRNewswire/ -- Biomass
Secure Power Inc. (Pink Sheets: "BMSPF") (the "Company") is pleased
to announce Mr. Murray Swales, has
been appointed CFO of the Company effective May 1, 2011.
Mr. Swales holds a Chartered Accountant's designation from the
Institute of Chartered Accountants, British Columbia. Mr.
Swales has been involved with public companies and their operating
and financial reporting requirements for more than a quarter
century, and has served as an officer and/or director of several
reporting issuers since 1980. He has diverse business experience,
gained as an entrepreneur, as a partner in domestic and
international accounting firms, and in senior management positions
with various public and private companies.
About Biomass Secure Power Inc.:
Biomass Secure Power Inc. is incorporated in the Province of
British Columbia. The company is
focused on the development of its torrefied wood pellet plant
business. The Company has signed confidentiality agreements with
two major power producers, and is looking to form a joint ventures
that will produce 1.25 million tonnes of biomass pellets per year
with production starting in 2012. Produced pellets will be
purchased by the joint venture partner under a long term contract.
Construction of two plants is expected to start Summer/Fall 2011.
Additional details on the Company are available on EDGAR
(www.sec.gov/edgar.shtml) and SEDAR (www.sedar.com).
Safe Harbour Statement:
This information includes certain "forward-looking statements."
The forward-looking statements reflect the beliefs, expectations,
objectives and goals of the Company management with respect to
future events and financial performance. They are based on
assumptions and estimates, which are believed reasonable at the
time such statements are made. However, actual results could differ
materially from anticipated results.
On Behalf of the Board,
BIOMASS SECURE POWER INC.
"Jim Carroll"
Jim Carroll
President and CEO
Contact: 604 807 4957
www.biomasssecurepower.ca
SOURCE Biomass Secure Power Inc.