News Release: Download PDF version MPAC INDUSTRIES CORP. Suite 508 - 4438 West 10 th Avenue Vancouver, B.C. V6R 4R8 June 1, 2009 SYMBOL: “MPN” on TSX-V Vancouver, British Columbia: June 1, 2009: MPAC Industries Corporation (“MPAC” or the “Company”) would like to provide its shareholders and the investment community with a corporate update concerning the coal refining pilot plant (the “Pilot Plant”) located in the City of Soma in Turkey and the next steps that the Company anticipates. CORPORATE UPDATE 2008 AUDIT The 2008 Audit has been delayed due to the serious illness of a close family member of the Company’s Turkish Accountant. Discussions between the Company and the regulators have led to a Cease Trade Order (“CTO”) as the Company cannot definitively provide a specific date as to when the financial information from Turkey would be received by the Company’s auditors BDO Dunwoody LP. The Company is in communication with its agents in Turkey every week and hopes to have the information soon. It should be noted that there are no financial issues arising from the balance of the information provided to the Company’s auditors thus far. 2009 AGM Once the 2008 Audit is completed, the 2009 AGM can be finalized and a date set. FINANCING ENDEAVOURS This remains the top priority of the Company. The Company is pursuing any and all avenues to achieve production at the Pilot Plant, including joint ventures, external funding and a brokered private placement. The lease of additional equipment is conditional on this funding and has therefore been postponed. Management is of the opinion that the investment climate is improving and the business plan of the Company remains very attractive once initial production is achieved. FIROZ LAKHANI Mr. Lakhani has been ill and will not be standing for election as Director at the next AGM. He first joined the Board in 2000 and acted in the capacity as President and CEO from 2000 until 2008. He continues to assist and support the Company and when he has recuperated, he has indicated his strong interest to return as a Director. J. RICHARD W. HALL Mr. Hall has advised the Board that a new President and CEO is required as he took the role on in 2008 on an interim basis only due to his professional commitments as a Barrister & Solicitor. However, at the upcoming AGM, he intends to put his name forward as a Director. LEONARD I. J. GOLDSMITH Mr. Goldsmith has advised the Board that he will not be putting his name forward at the next AGM for the executive position of Chief Financial Officer, thus resigning on that date. Mr. Goldsmith is pursuing several other professional opportunities including one on Vancouver Island. Mr. Goldsmith has advised the Board that he may be available on a consulting fee-for-service basis, as time permits, to assist the Company with the transition to its new CFO. DIRECTOR AND OFFICER COMPENSATION The Company wishes to remind the shareholders and the investment community that the directors do not receive any cash compensation, other than Options. For officers, since 2008, no cash compensation has been paid and the professional service rendered by officers continues to be invoiced but remains unpaid. CLOSING REMARKS As always, the Company expresses its appreciation and gratitude to its shareholders for their patience and ongoing commitment. BY THE ORDER OF THE BOARD _________________________________ J. RICHARD W. HALL President & CEO This News Release contains forward-looking statements, which are based on MPAC Industries Corporation current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. The forward-looking statements are not guarantees of future performance and undue reliance should not be placed on them. Actual results may differ materially as a result of any number of factors and uncertainties, many of which factors are beyond the Company’s control. MPAC Industries Corporation undertakes no obligation to revise any forward-looking statements except as required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further corporate information, please contact: FIROZ LAKHANI, Director at (604) 551-7697

News Releases • June 1, 2009 MPAC would like to provide its shareholders and the investment community with a corporate update concerning the coal refining pilot plant (the “Pilot Plant”) located in the City of Soma in Turkey and the next steps that the Company anticipates. (Read More...) • March 16, 2009 MPAC is pleased to provide its shareholders and the investment community with a corporate update concerning the coal refining pilot plant (the “Pilot Plant”) located in the City of Soma in Turkey. (Read More...) • January 14, 2009 MPAC is pleased to provide its shareholders and the investment community with a corporate update concerning the coal refining pilot plant (the “Pilot Plant”) located in the City of Soma in Turkey. (Read More...) • December 03, 2008 MPAC is pleased to provide its shareholders and the investment community with a corporate update concerning the coal refining pilot plant (the “Pilot Plant”) located in the City of Soma in Turkey. (Read More...) • October 14, 2008 MPAC is pleased to announce that it has concluded negotiations for a non-brokered private placement of a maximum of 1,500,000 units (the “Offering”) at a price of $0.05 (five cents) per unit. (Read More...) • September 30, 2008 MPAC is pleased to provide its shareholders and the investment community with a corporate update concerning the coal refining pilot plant (the “Pilot Plant”) located in the City of Soma in Turkey. (Read More...) • September 11, 2008 MPAC is pleased to provide its shareholders and the investment community with a corporate update concerning the coal refining pilot plant (the “Pilot Plant”) located in the City of Soma in Turkey and the next steps that the Company anticipates. (Read More...) • August 5, 2008 MPAC is pleased to provide its shareholders and the investment community with an update regarding the coal refining pilot plant... (Read More...) • August 5, 2008 MPAC announces that, further to its News Release of June 23, 2008, pursuant to the conditional acceptance from the Exchange received May 26, 2008, it has closed the non-brokered private placement... (Read More...) • June25, 2008 MPAC is pleased to provide its shareholders and the investment community with an update concerning the election of the new Board of Directors... (Read More...) • June23, 2008 MPAC wishes to advise its shareholders and the investment community that the Exchange has granted a forty-five (45) day extension... (Read More...) • June23, 2008 MPAC announces that, under it’s stock option plan, it has granted incentive stock options to directors, officers, and/or consultants... (Read More...) • May 6, 2008 MPAC is pleased to provide its shareholders and the investment community an update regarding the coal refining pilot plant (the “Plant”) located in the City of Soma in Turkey. (Read More...) • April 4, 2008 MPAC is pleased to provide its shareholders and the investment community an update regarding the Soma coal refining Pilot Plant... (Read More...) • March 31, 2008 MPAC announces that, under it’s stock option plan, it has granted incentive stock options to directors, officers, and/or consultants of the Company... (Read More...) • March 11, 2008 MPAC is pleased to announce the commencement of limited commercial production at the coal refining plant (the “Plant”) located on the leased site (the “Leased Site”) in Soma, Turkey. (Read More...) • February 18, 2008 MPAC announces that, further to its News Release of January 28, 2008, the Company, has closed its Non-Brokered Private Placement (the “Placement”) comprised of 1,815,000 units with twenty (20) placees at a price of $0.13 per unit. (Read More...) • February 14, 2008 MPAC is pleased to provide its shareholders and the investment community of the following up-date concerning the Soma coal refining plant (the “Plant”) on the leased site (the “Leased Site”) located in the City of Soma in the western part of Turkey. (Read More...) • January 29, 2008 MPAC is pleased to release the results of two (2) of the test samples from the coal refining plant (the “Plant”) located on the leased site (the “Leased Site”) in Soma, Turkey. Further results from subsequent tests will be released as they become available. (Read More...) • January 28, 2008 MPAC is pleased to announce that it has concluded negotiations for a non-brokered private placement of a maximum of 1,500,000 units (the “Offering”) at a price of $0.13 (thirteen cents) per unit. (Read More...) • January 22, 2008 MPAC is pleased to advise its shareholders and the investment community of the following activities concerning the Soma coal refining plant (Read More...) • December 6, 2007 MPAC is pleased to advise its shareholders and the investment community of the following activities concerning the Soma leased site (the “Leased Site”). (Read more...) • November 9, 2007 MPAC announces that, further to its News Releases of October 30, 2007 and November 6, 2007, the Company, pursuant to the Conditional Acceptance from the Exchange, has closed its Non-Brokered Private Placement (the “Placement”) comprised of 1,260,000 units with twelve (12) placees at a price of $0.14 per unit. (Read More...) • November 6, 2007 MPAC announces that, further to its News Release of October 30, 2007, the Company has increased the maximum offering of its Non-Brokered Private Placement from $154,000 (1,100,000 units) to $180,600 (1,290,000 units). (Read More...) • November 5, 2007 MPAC is pleased to advise its shareholders and the investment community of the following activities concerning the Soma coal mine... (Read More...) • October 30, 2007 MPAC is pleased to announce that it has concluded negotiations for a non-brokered private placement of a maximum of 1,100,000 units (the “Offering”) at a price of $0.14 (fourteen cents) per unit. (Read More...) • October 24, 2007 MPAC has now entered into a binding lease agreement for the leased site in Soma as referred to in its News Release of October 22, 2007. (Read More...) • October 22, 2007 MPAC is pleased to advise its shareholders and the investment community of the following activities concerning the Soma coal mine... (Read More...) • September 17, 2007 MPAC Is pleased to advise its shareholders and the investment community of the following activities concerning the Soma coal mine. (Read More...) • August 30, 2007 MPAC announces that, under it’s stock option plan, it has granted incentive stock options.. (Read More...) • August 21, 2007 MPAC is pleased to announce that, in keeping with its intent to initially concentrate its efforts to refine coal in the western part of Turkey, it has entered into a Memorandum of Understanding (the “MOU”) with the Yalvaç coal mine owner to refine their coal using the Company’s coal upgrading and refining process. (Read More...) • August 4, 2007 MPAC announces that, further to its News Release of July 9, 2007, the Company has closed its Non-Brokered Private Placement comprised of 1,510,000 units with twenty-three (23) Placees at a price of $0.17 per unit. (Read More...) • July 30, 2007 MPAC is pleased to announce that it has secured the required promissory note (the “Note”) from E.E. Madencilik Dagitim Sanay Ticareti ve Pazarlama Ltd. Sti (“E&E”) in accordance with the terms of the recently announced definitive agreement (the “Agreement”) with E&E. (Read More...) • July 17, 2007 MPAC is pleased to announce that it has entered into a definitive agreement (the “Definitive Agreement”) with E.E. (Read More..) • July 9, 2007 MPAC is pleased to announce that it has re-priced its recently announced non-brokered private placement and adjusted the maximum number of units available for offer. (Read More...) • July 3, 2007 MPAC is pleased to announce that the Company has entered into a binding Memorandum of Understanding (the “MOU”) with the Soma coal mine owner to refine their coal using the Company’s coal upgrading and refining process. (Read More...) • June 20, 2007 MPAC is pleased to announce that the final testing of the coal refining pilot plant equipment (the “Equipment”) has been completed by the engineering staff from Turkey. (Read More...) • June 1, 2007 MPAC announces that, under it’s stock option plan, it has granted incentive stock options... (Read More...) • May 31, 2007 MPAC has filed its annual audited financial statements and management's discussion and analysis... (Read More...) • May 22, 2007 MPAC intends to implement accelerated exercise provisions on warrants issued in its November 30, 2006 non-brokered Private Placement... (Read More...) • May 11, 2007 MPAC announces that it has revised the scheduling of the planned testing of the Coal Refining Plant... (Read More...) • May 1, 2007 MPAC reports that it has been delayed in filing its Annual Audited Financial Statements and Annual Management Discussion & Analysis... (Read More...) • April 25, 2007 MPAC wishes to provide the following update to its activities in Turkey since the last News Release of March 26, 2007. (Read More...) • March 26, 2007 MPAC is pleased to advise that it has closed the previously announced Non-Brokered Private Placement... (Read More...) • March 5, 2007 MPAC is pleased to provide the following update to its activities in Turkey. (Read More...) • February 7, 2007 MPAC is pleased to provide the following update to its activities in Turkey. (Read More...) • January 4, 2007 MPAC is pleased to announce that the major components of the coal refining plant (the “Plant”) have arrived in Tokat / Zile and have been substantially installed. (Read More...) • December 7, 2006 MPAC signs additional MOUs (Read More...) • December 1, 2006 MPAC Industries grants stock options. (Read More...) • November 30, 2006 MPAC Industries close $75,000 private placement offering. (Read More...) • November 23, 2006 MPAC arranges up to a maximum of $60,000 financing. (Read More...) • November 20, 2006 MPAC Industries Corp. is pleased to announce that the plant equipment has safely arrived at the port of Istanbul. (Read More...) • October 25, 2006 MPAC Industries Corp. is pleased to provide the following corporate update on its recent activities. (Read More...) • October 13, 2006 MPAC Industries Corp. Closes $405,000 Private Placement Offering. (Read More...) • October 13, 2006 MPAC grants stock options. (Read More...) • September 28, 2006 MPAC directors & officers exercise stock options. (Read More...) • September 21, 2006 MPAC is pleased to announce that it has entered into a definitive agreement (the Definitive Agreement”) with ALCE Cevre Teknigi Ltd. (Read More...) • September 13, 2006 MPAC is pleased to announce that the testing of the equipment that has beenmanufactured for MPAC has now been successfully concluded at the manufacturer’s plant. (Read More...) • August 28, 2006 MPAC is pleased to announce that it has concluded negations for a private placement of a maximum of 4,000,000 units... (Read more...) • August 23, 2006 MPAC is pleased to announce that it has completed its preliminary due diligence on the Tokat/Zile coal mine... (Read More...) • June 29, 2006 MPAC Industries Corp. announces that, under it’s stock option plan... (Read More...) • April 20, 2006 MPAC is pleased to provide the following corporate update of its activities... (Read More...) • January 11, 2006 MPAC is pleased to provide the following corporate update of its activities... (Read More...) • December 19, 2005 MPAC announces that, under its stock option plan, it has granted incentive stock options to directors... (Read More...) • November 21, 2005 Pursuant to the shareholder approval at the Company’s Annual General Meeting held on June 24, 2004, the Company has now issued a total of 500,000 ... (Read More...) • November 15 , 2005 MPAC is pleased to announce the closing of its private placement of 6,004,000 Units at $0.11 per Unit... (Read More...) • October 4, 2005 MPAC Industries Corp. (the “Company or “MPAC”) is pleased to announce that its shares will be reinstated for trading on NEX on October 5, 2005... (Read more...) • July 20, 2005 MPAC Industries Corporation (the "Company" or “MPAC”) is pleased to announce that First Associates Investments Inc. (“FAI”) of Calgary, Alberta has, subject to completion of satisfactory due diligence... (Read more...) • December 9, 2004 MPAC Industries Corp. (the “Company” or “MPAC”) has signed a Heads of Agreement under a binding Memorandum of Understanding (the “MOU”) with Simsek Grubu... (Read more...) News Release Archive Read More News... Stock Prices TSX- Venture: MPN CAN: $0.00    Change: N/A Prices delayed up to 20 minutes