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Message: Will this news release by Boss Power help IMT's Settlement

Boss Power has made an offer to Anthony Beruschi to the sum of 1.55 million to settle a long dispute over the Uranium properties.

If this is accepted I'm hoping that it will fast track International Montoro's settlement with the B.C. governemt over the Uranium Properties that IMT holds.

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Here is that News Release......

.Boss Power Formal Offer to Pay Morning Star's President, Anthony Beruschi, Fair Value for B Claims to Allow Boss' Settlement With the Province of British Columbia to Complete

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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 23, 2013) - Boss Power Corp. (TSX VENTURE:BPU) ("Boss Power" or the "Company") announces today that it has made a formal offer to resolve its outstanding dispute with Morning Star Resources Ltd.'s ("Morning Star") President, Anthony Beruschi ("Beruschi"), in exchange for a payment of $1.55 million for Beruschi's B Claims, an amount substantiated by an independent valuation report (the "RPA Report") from Roscoe Postle Associates Inc. ("RPA").


In their recent press releases, Morning Star and Beruschi have asserted that the Concerned Shareholder, Morning Star, has made "numerous fair and reasonable proposals privately" to Boss' board "to allow it to deliver the B Claims to the Province all of which have been rejected or ignored". Morning Star has also argued that Boss' board has "failed to make a genuine effort" to reach a settlement of the B Claims dispute. Boss strongly disagrees with these characterizations of the past dealings, and remains of the view that Beruschi is attempting to leverage the risk to the settlement (the "Settlement") of Boss' action against the Province of British Columbia (the "Province") to extract more than his fair share of the $30 million proceeds of Settlement ("Settlement Proceeds") at the expense of Boss' other shareholders.


In a further effort to fairly resolve the B Claims dispute and complete the Settlement, as well as to allow shareholders to evaluate the truth for themselves, Boss has today made public its most recent settlement proposal to Beruschi, offering $1.55 million, payable from the Settlement Proceeds, in exchange for Beruschi's consent to the surrender of the B Claims. Boss' offer is based on an independent valuation report from RPA, and represents the mid-point of the range of values ($1.4 to 1.7 million) set out in the RPA Report.


Boss has also offered Beruschi the alternative option of submitting the value of the B Claims to binding arbitration in exchange for Beruschi's agreement to surrender the B Claims to the Province to allow the Settlement to complete. Pending the outcome of the arbitration, Boss would place $5 million of the Settlement Proceeds in trust as security for Beruschi's claim to compensation for the B Claims. Boss' Board believes that $5 million grossly exceeds the fair value of the B Claims but, in the interests of Boss and its shareholders, and to facilitate the expeditious completion of the Settlement, Boss is prepared to provide that security.


Mr. Netolitzky stated, "We have tried to make things very simple for Mr. Beruschi, he can accept our offer of $1.55 million or he can have an arbitrator determine the value of the B Claims. Either way, he will be paid fairly for the B Claims and Boss will be able to proceed with the Settlement with the Province. It is now over to Mr. Beruschi to decide whether he is going to continue to obstruct the Settlement with the Province."


The full text of Boss' settlement offer to Beruschi is attached. The full text of the RPA Report is available on the Company's website or upon request by contacting Karen Allan, Secretary, Boss Power Corp., (604) 688-8115.


On Behalf of the Board of Directors of BOSS POWER CORP.

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