BPU

Boss Power Corp. (TSX VENTURE:BPU) ("Boss Power" or the "Company") today
announced that it has won an arbitration against a company controlled by
dissident shareholder Anthony Beruschi. As well, Boss Power has defeated a new
legal initiative by Beruschi seeking to affect the conduct of the upcoming
Annual General and Special Meeting of Shareholders on November 14, 2013 (the
"Meeting").


"The arbitration win and the defeat of Beruschi's new legal initiative are
important for Boss Power and bode well for shareholders," said Ron Netolitzky,
Chairman and Acting CEO of Boss Power. "The arbitration win is particularly
helpful because it returns control of 2.6% of the shares outstanding back to
Boss Power. The Company will proceed to seek reimbursement of its arbitration
legal expenses." 


Details of the arbitration win 

The arbitrator ordered that two million Boss Power shares, currently escrowed on
behalf of Beruschi's closely-held Magic Dragon Ventures Ltd, be returned to Boss
Power. However, the arbitration does not prevent Beruschi from voting the shares
at the Meeting, for which the voting record date was October 10, 2013. 


Boss Power said it expects to receive the shares within 60 days, unless Magic
Dragon files an appeal to the Supreme Court of British Columbia. Boss Power
added that, as is typical in such situations, it intends to seek reimbursement
from Magic Dragon for hundreds of thousands of dollars in Boss Power's legal
costs for the arbitration. 


The arbitration is one of several monetary disputes between Boss Power and
Beruschi. The two million shares were issued to Magic Dragon in 2007 but placed
in escrow because Beruschi was unable to deliver to Boss Power the title to
certain mining claims by June 18, 2007. 


Since then, Beruschi has still not delivered the mining claims to Boss Power,
which commenced the arbitration in 2012 after Beruschi still had not returned
the escrowed shares. The case was heard from April 22, 2013 to April 25, 2013
and on November 6, 2013.


Boss Power defeats new short notice application by two Beruschi companies

Regarding the new Beruschi legal initiative, the Supreme Court of British
Columbia yesterday dismissed an application brought on short notice by
Beruschi's Magic Dragon and Beruschi's Morning Star Resources Ltd. The
application sought to abridge the regular notice period for a petition seeking
to prevent Netolitzky from serving as Chair of the Meeting. If that short-notice
application had been granted, the Court would have held a hearing today on the
petition.


In dismissing the short-notice application, the Court found that the
pre-requisites for a short notice hearing were not met. As a result, and in
accordance with the Company's articles, Netolitzky will serve as Chair of the
Meeting.


At the Meeting, shareholders will be asked to choose a Board of Directors
comprised either of five Boss Power nominees or four dissident nominees put
forward by Beruschi. Boss Power believes that its five highly experienced and
independent nominees will act in the best interest of all shareholders and are
better positioned than Beruschi's nominees to create value for shareholders and
provide Boss Power with good corporate governance. Boss Power's five nominees
are also supported by Institutional Shareholder Services ("ISS"), the leading
independent proxy advisory firm. 


Boss Power's five nominees are all experienced directors of publicly-traded
resource exploration companies and have a track record of success in
negotiations, value creation and mineral exploration. In contrast, two of
Beruschi's nominees have no experience in mineral exploration or as directors of
publicly-traded companies. The other two have experience that has produced
unimpressive outcomes.


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)

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