ABBOTSFORD, BC / ACCESSWIRE / August 19, 2015 / Biomass Secure Power Inc. (PINKSHEETS: "BMSPF") (the "Company") is pleased to advise shareholders that the Company has submitted an offer to purchase an existing wood pellet plant in North Eastern United States. The offer is subject to completion of due diligence and if successful would close on or before November 30, 2015.

The pellet plant currently produces wood pellets for the residential marketplace. All of the production is sold into the local marketplace. By purchasing this plant the Company gains a foothold in residential marketplace and plans to increase production at the site.

The Company is looking for other opportunities to purchase existing wood pellet plants as a way of expanding.

The purchase of this plant will not be part of joint venture announced with RBE and the ownership will be 100% owned by the Company.

About the Company

Biomass Secure Power Inc. is incorporated in the Province of British Columbia. The Company has designed its biomass pellet plants to produce 340,000 tonnes of pellets per line. This allows the Company to leverage the engineering over multiple lines and locations as key equipment will be identical in each plant. Public filings and financial information on the Company can be found at: 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

SOURCE: Biomass Secure Power Inc.