NORTH HUNTINGDON, Pa., Nov. 18 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) today announced that it's wholly owned subsidiary Beacon Energy Corporation has finalized and completed the purchase of 100% of the coal rights for two parcels of land totaling 1020 acres in Westmoreland County, Pennsylvania. The coal forms part of the Upper and Thick Freeport Coal Seams in Western Pennsylvania. Beacon Energy Corporation will contract with a qualified mining company that will utilize modern equipment and technologies, thus allowing Beacon Energy to secure the maximum amount of coal output using longwall methods of extraction. Beacon's consultants estimate that these rights will provide the company access up to 2.5 million tons of coal production during the extraction period. "This is another source of capital for our company, but the process will be lengthy and ultimately provide steady and significant revenues over a five year period," said Beacon's President, Adam Marek. "Pennsylvania coal has been sold at a rate of $40 to $150 per ton over the past year, The Company's objective at this point is to achieve annual revenues in the area of $.0037 per share to $.005 after mining." President Marek added that, "We're currently in negotiations for several additional coal properties in Western Pennsylvania including Westmoreland, Washington, and Fayette counties. Primarily, we're interested in the rights that can be obtained at prices below market value such as those held by estates, bankrupt companies, struggling companies, or those which have been foreclosed on, and any other properties." About Beacon Redevelopment Industrial Corporation: Beacon specializes in acquiring undervalued properties that offer the potential for above average return on investment along with multiple assets and development ability at distressed prices, the properties must offer recyclable/salvageable materials, energy resources or mineral rights along with the potential for redevelopment and or desirable development potential; the company also seeks along with the above for mentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition. Please visit the company's website at http://www.beaconredevelopment.com/ for all the latest information and updates. This press release contains certain forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. DATASOURCE: Beacon Redevelopment Industrial Corporation CONTACT: Adam Marek for Beacon Redevelopment Industrial Corporation, +1-724-871-7458, Web site: http://www.beaconredevelopment.com/

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