/THIS DOCUMENT IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED
STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS./
CALGARY, Nov. 15, 2013 /CNW/ - November 15, 2013: BNP Resources Inc.
("BNP" or the "Corporation") would like to announce that it has
completed a share for debt deal with one (1) "Creditor" totaling
approximately $9,201.15. The debt obligation relates to services
rendered to BNP by the Creditor. Under the shares for debt settlement
BNP will issue approximately 184,023 Class "A" shares to the Creditor
at a price of $0.05 per Class "A" share. The settlement constitutes
full satisfaction of the $9,201.15 debt obligation that is owed by BNP
to the Creditor's. Upon issuance of the Class "A" shares to the
Creditor's, the debt owed the Creditor's and obligations of BNP related
to the debt deal will be fully extinguished. The shares upon issuance
are subject to a four (4) month hold period.
The above agreement is subject to final approval of the TSX-Venture
BNP is actively engaged in the exploration for and the development and
production of oil and natural gas reserves. BNP's business strategy is
to build sustainable and profitable per share growth through internally
generated exploration and development drilling.
BNP has approximately 61,728,128 Class A share issued and outstanding
which trade on the TSX Venture Exchange under the symbols "BNX.A".
Neither the TSX Venture Exchange nor Its Regulation Services Provider
(as the term Is defined In the Policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: BNP Resources Inc.
For further information:
Gregory Bilcox, President and CEO
BNP Resources Inc.