BPU

In their latest press release, Anthony Beruschi and Morning Star Resources Ltd.
("Morning Star") confirmed that Mr. Beruschi is finally prepared to deliver his
B Claims to the Province so that the $30 million settlement proceeds can be paid
into Court removing any risk that the Province may seek to rescind the
settlement.


Boss Power Corp. (TSX VENTURE:BPU) ("Boss Power" or the "Company") is pleased to
see this development. It has been 13 months since Boss Power, the Province,
Sparton Resources Inc., Anthem Resources Incorporated, Adam Travis and Cazador
Resources Ltd. attempted to have the B Claims and the settlement proceeds dealt
with by the Court by way of a consent order among the parties.


BERUSCHI'S SELF SERVING DELAY TACTICS

Unfortunately for Boss Power and its shareholders, the only party who refused to
consent to the order was Mr. Beruschi. Mr. Beruschi's refusal to allow the
settlement proceeds to be paid into Court by consent has been followed by 11
months of Mr. Beruschi's high pressure negotiation tactics and personal threats
against the board of Boss Power and its advisors. Mr. Beruschi's tactics have
been putting the settlement at risk and have held Boss Power's shareholders
hostage in an effort to extract an ever increasing payment for his B Claims.
What started as a $2 million dollar offer from Mr. Beruschi (paid half in cash
and half in Boss Power shares) in December of 2011 is now a number that appears
to be in the range of $4 to $5 million. Throughout, he has also been demanding
the release of 2,000,000 escrow shares which have not been earned.


BERUSCHI'S COERCIVE ATTEMPT TO TAKE CONTROL OF THE COMPANY WITHOUT PAYING A
PREMIUM TO BOSS POWER SHAREHOLDERS


Predictably, Mr. Beruschi's new offer to deliver his B Claims to the Province
appears to come with strings attached. He wants his hand-picked board in place
before the B Claims are delivered to the Province 


If Mr. Beruschi is truly only after fair payment for his B Claims, then he
should deliver his B Claims to the Province IMMEDIATELY and let the Court
determine the fair value as he has suggested in his latest press release. A new
board is not necessary for the Court to determine the value of his B Claims. 


If instead, Mr. Beruschi wants his hand-picked board pre-positioned to control
the settlement proceeds once they are released to the Company, he still should
IMMEDIATELY deliver his B Claims to the Province so that he cannot use the B
Claims to coerce shareholders to vote for his proposed board nominees. If he is
not prepared to simply propose an alternative slate of directors without the
coercion of withholding his B Claims, then Mr. Beruschi should stop his high
pressure negotiation tactics and make a take-over bid for the Company so the
Boss Power shareholders can receive the control premium they would receive in a
legitimate take-over bid for the Company.


Mr. Netolitzky stated: "The Boss Power board remains committed to completing the
settlement with the Province and paying Mr. Beruschi fair value for his B Claims
in a manner that is in the best interests of all of the Boss Power shareholders.
The Province has indicated in its application for the delivery of the settlement
proceeds into Court that it may seek to rescind the settlement if the
application to pay the proceeds into Court is not successful. Each day that goes
by adds to the risk that the Province may rescind the $30 million settlement. We
have tried to present simple options to Mr. Beruschi to get this done. If Mr.
Beruschi is not prepared to accept the Company's cash offer or opportunity to
arbitrate, then he should end his high pressure negotiation tactics and deliver
his B Claims to the Province IMMEDIATELY so that the Court can determine the
value of his B Claims and the settlement proceeds can be put out of risk. It is
time for Mr. Beruschi to do the right thing for all of the Boss shareholders and
allow the Company to move forward."


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

Ron Netolitzky, Chairman and acting CEO

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Boss Power Corp.
Tony Perri
Investor Relations, Manager
(604) 688-8115
(604) 669-2543 (FAX)
www.bosspower.ca

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