/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 Exchange.
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.