Bell Coast Capital Corp Announces Corporate Name Change and New Director
NEWS RELEASE TRANSMITTED BY CCNMatthews
FOR: BELL COAST CAPITAL CORP.
TSX VENTURE SYMBOL: BCP
MARCH 15, 2005 - 13:04 ET
Bell Coast Capital Corp Announces Corporate Name
Change and New Director
VANCOUVER, BRITISH COLUMBA--(CCNMatthews - March 15, 2005) - Bell Coast
Capital Corp. (TSX VENTURE:BCP) At the Company's AGM on March 14, 2005,
Bell Coast's proposed name change to Uranium Power Corp., was approved.
The company will be applying to the TSX Venture Exchange for the change
in name and trading symbol. The new name and corporate image will better
reflect the Company's direction in the uranium exploration and
development sector.
Bell Coast is pleased to welcome and to announce that Mr. Chris M.
Healey, P.Geo., has been appointed to the Company's Board of Directors.
Mr. Healey brings to the Company a wealth of experience in the natural
resources field. Mr. Healey is a licensed professional geologist in the
State of Wyoming and has over 36 years of experience. Over the past 25
years, he has developed broad experience in the uranium sector. From
1978 to 1999 he worked for Cameco Corporation and its predecessor
company, the world's largest uranium producer. In his 21 years with
Cameco, he held a variety of geological positions in all areas from
initial exploration project generation through to production and was
involved in the discovery of the world's 2 largest high-grade uranium
deposits, Cigar Lake and McArthur River. In particular, he has
specialized in the ISL well field design at the Highland Mine. From 1992
to 1997, he managed Cameco US's operations and was responsible for the
acquisition of several major uranium properties, hosting in excess of 50
million pounds of resources. He has worked extensively on uranium
projects around the world, including Canada, USA, Kazakhstan, Mongolia,
Australia and Malawi.
He graduated from the University of Wales, Swansea, in 1968 with a B.S.
degree in geology. From 1988 to 1989 he served a term as national
president of the Geological Society of Canadian Institute of Mining,
Metallurgy and Petroleum. He has published several scientific papers on
the subject of resource and reserve evaluations.
Mr. Healey's experience and knowledge in the uranium sector will be
instrumental in the successful exploration and development of the Sheep
Mountain Uranium Mine project.
A special resolution was approved at the AGM to alter the Notice of
Articles of the Company to remove the application of the Pre-Existing
Provisions as defined in the Business Corporations Act British Columbia.
The Pre-Existing Provisions in the Notice of Articles of the Company
were deleted, the Company's Notice of Articles altered accordingly.
BELL COAST CAPITAL CORP.
Rahoul Sharan, President
WARNING: The Company relies on litigation protection for "forward
looking" statements. Actual results could differ materially from those
described in the news release as a result of numerous factors, some of
which are outside the control of the Company.
This news release does not constitute an offer to sell or a solicitation
of an offer to sell any of the securities in the United States. The
securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities Act") or
any state securities laws and may not be offered or sold within the
United States or to U.S Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from
such registration in available.
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For more information, please contact
FOR FURTHER INFORMATION PLEASE CONTACT:
Bell Coast Capital Corp.
Rahoul Sharan
President
(604) 689-1810
(604) 689-1817 (FAX)
www.bellcoastcapital.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this News
Release.Click here to see all recent news from this company
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