News Release: Download PDF version MPAC INDUSTRIES CORP. Suite 508 - 4438 West 10 th Avenue Vancouver, B.C. V6R 4R8 October 4, 2005 SYMBOL: “MPN.H” Reinstatement of shares for trading and Change of Business Vancouver, British Columbia – MPAC Industries Corp. (the “Company or “MPAC”) is pleased to announce that its shares will be reinstated for trading on NEXon October 5, 2005, pending completion of the Company’s proposed change of business and graduation to Tier 2 of the TSX Venture Exchange (the “Reactivation”). The Reactivation involves the Company entering into the coal refining business in Turkey (see below) and the completion of a 6,000,000 unit private placement at $0.11 per unit (the “Private Placement”). Each unit will consist of one share and ½ of a warrant, with one full warrant entitling the holder to purchase one additional share for$0.20 per share for one year from closing. As previously disclosed in the Company's news release of July 20, 2005, Blackmont Capital Inc., formerly First Associates Investments Inc. (“Blackmont”), is acting as sponsor and agent in connection with the Reactivation and Private Placement. Since 2003, the Company has been negotiating an agreement to beneficiate coal in Turkey. On August 20, 2005 the Company entered into an agreement (the “Agreement”) with Ibrice Maden Isletmeleri Ltd. (“Ibrice”) and Rila A.S. (“Rila”) to beneficiate coal produced from the Ibrice coal mine (the “Coal Mine”) located in Takirdag (outside of Istanbul), Turkey. Ibrice is the owner of the Coal Mine and Rila has production rights to the Coal Mine. Both Ibrice and Rila are at arm’s length to the Company. The Coal Mine is currently producing 170,000 tons per annum of low-grade coal. Under the Agreement, the production will be increased to an annual minimum rate of 400,000 tons of refined coal over the first year of the Agreement. MPAC will use existing technology sourced in Canada, to refine and upgrade the coal. The following is a brief summary of the salient terms of the Agreement. Supply of Coal – Ibrice is responsible to deliver to MPAC at the Coal Mine sufficient unrefined coal so that MPAC will be able to produce at least 400,000 tons of refined coal per year. Ibrice has represented that it has at least thirty (30) million tons of unrefined coal available for treatment. Title, Price and Term – All of the coal will remain the property of Ibrice. The term of the agreement is sixty (60) years, or until the Coal Mine is exhausted, or MPAC determines that it is uneconomic to refine the coal. During the first five years of the term Ibrice will pay a refining charge of US$53/ton of refined coal. For the balance of the term, the refining charge will be adjusted based on a formula that is tied to the spot price of coal. Plant Site and Equipment – MPAC is responsible for the supply, installation and operation of a coal processing plant at the Coal Mine. It is anticipatedthat the plant and equipment will be purchased through lease-to-purchase arrangements, which have been negotiated. .Royalty – A royalty of fourteen percent (14%) of net operating revenues generated by MPAC under the Agreement before allowing for taxes, amortization and depreciation is payable to an arm’s length third party. The Company believes that the net proceeds of the Private Placement will be sufficient to enable it to commence commercial refining operations under the Agreement. The Company has completed preliminary efficiency tests on two of the production methods it may use to refine the coal and is satisfied that it will be able to refine the coal on commercially favorable terms. The Company anticipates that it will reach the full production rate of a minimum of 400,000 tons per annum within fifteen (15) months following closing. In addition to the Ibrice Coal Mine the Company intends to pursue other coal deposits in Turkey for refining opportunities for delivery to the domestic industrial sector, particularly the cement and the sugar industries. MPAC currently has 9,128,694 common shares issued and outstanding. In addition to the Private Placement, there is a pending settlement for shares for debt in the amount of 500,000 common shares ($55,000 at $0.11 per share), which has been previously approved by the shareholders, but not yet issued. Allowing for the issuance of shares under the Private Placement (excluding shares issuable on the exercise of warrants) and the shares for debt, the Company will have 15,628,694 common shares issued and outstanding at the time of closing of the transactions. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the corporation’s future plans, objectives or goals, including words to the effect that the corporation or management expects a stated condition to exist or occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ from those currently anticipated in such statements by reason of factors such as, but not limited to, changes in general economic and market conditions. BY THE ORDER OF THE BOARD _________________________________ Firoz Lakhani President & CEO Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange Acceptance. There can be no assurance that the transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in MPAC’s disclosure record on SEDAR, any information released or received with respect to the change of business may not be accurate or complete and should not be relied upon. Trading in the securities of MPAC should be considered highly speculative. The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved of the contents of this press release. Blackmont Capital Inc., subject to completion of satisfactory due diligence, has agreed to act as sponsor to MPAC in connection with the transaction. An agreement to sponsor should not be construed as any assurance with respect to the merits of the transaction or the likelihood of completion.

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: $0.02    Change: 0.00 Prices delayed up to 20 minutes