BMSPFBiomass Secure Power Inc.

About Biomass Secure Power Inc. (BMSPF)

Biomass Secure Power Inc. (BMSPF) is a Lumber & Wood Production company headquartered in Chilliwack, BC, Canada whose shares trade over-the-counter on the Pink tier.

Company is currently developing a Biocoal plant in Natchitoches Louisiana USA that will produce 100,000 tonnes in phase one, this will be the worlds largest Biocoall plant. Upon commisioning of line one the Company will build four additional lines taking Biocoal production to 500,000. The Company uses a fluid bed reactor to turn wood waste into Biocoal, a coal replacement product used in power plants. Discussions are on going with an International steel manufacturer to supply Biocoal with a 65% carbon as a coal replacement in steel mills. A Canadian Power Company are reviewing offer to supply up to 500,000 tonnes of Biocoal containing 21.5Gj per tonne. They just contacted us and advised they are currently reviewing offer and will respond once review complete. The Company may not be able to build Biocoal plant as potential tarriffs might increase prices.

Products and services

Manufacturing of Biocoal, a product used by steel and power companies as a replacement fuel for coal BSP plans to build a one million tonne Biocoal plant in Natchitoches in three phases. Phase one will produce 100,000 tonnes, phase two 500,000 tonnes and phase three one million tonnes. BSP has been approved by state of Louisiana to sell a tax excempt waste bond issue for $147 million to c 27 GJ/t will be produced for steel mills, concrete plants and companies looking to produce jet fuel over cost of building Biocoal plant. BSP has received a Term Sheet from Ameris Bank in the amount of $25 million USD USDA gauranteed loan for construction of line one. A grant is in place for $12 million USD from Port of Natchitoches. The Company expects to complete a new market tax credit forgivable loan.

BMSPF key facts

Ticker symbol

BMSPF

Market tier

Pink

Sector

Basic Materials

Industry

Lumber & Wood Production

Headquarters

Chilliwack, BC, Canada

Country of incorporation

CA

Year of incorporation

1998

Employees

3

Estimated market cap

$262.1K (as of Apr 11, 2025)

Shares outstanding

655,159,975

Reporting standard

Alternative Reporting Standard

Audit status

Unaudited

Fiscal year end

6/30

Latest filing

Quarterly Report (Dec 31, 2024)

Biomass Secure Power Inc. leadership

• Jim Carroll — President, CEO
• Andrew Harvey Burns — COO
• Susan Kenth Bubra — CFO

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