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Sunday, 11/07/2021 2:00:26 PM

Sunday, November 07, 2021 2:00:26 PM

Post# of 11963
BMSPF filed on October 28th the following on SEDAR.

Business Plan.
BSP business plan is to reopen Laramie Wy plant to provide 5,000 tonne samples to five companies to
test fire in their coal burning plants. This will generate $1.25 million in revenue and solidify long term offtake agreements.

Biomass Secure Power Inc. Patented Process Reduces CO2 emissions by 96%
Biomass Secure Power Inc. (BSP) owns a patented process that uses a fluid bed reactor to convert wood
fibre into a Torrefied, coal alternative.

This product has properties like mid rank coal and can be used as a
sustainable, cost effective, replacement in power plants. The product also reduces the plant’s CO2
emissions by 96% and requires minimal changes to existing plant equipment.

Our patented process allows BSP to produce torrefied product at similar costs of manufacturing white
wood pellets. Torrefied pellets have 21.5 GJ per tonne, white wood pellets have 17.4 GJ per tonne.

Governments around the world are requiring their power producers to reduce their CO2 emissions and
move away from coal. BSP believes that the time is ripe for our Torrefied product to be accepted into this
rapidly expanding market. BSP also believes that its Torrefied Biomass Briquettes will be a compelling
choice for power producers looking to convert from coal to a sustainable alternative.

According to Future Metrics, India has recently announced that all coal burning plants must mix in 5 to
10% biomass by end of 2022. This will create a demand for an additional 45m tonnes of Biomass.

BSP is in discussion with power companies in Europe and Asia about licensing our patented process.

This will provide these companies the opportunity to control their fuel supply and substantially reduce
their costs. BSP sees these partnerships as a mutually beneficial opportunity

Note the move by India to require 5%-10% of Biomass to be used to generate electricity in 2022.