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VIPR Industries Inc.: VIPR Industries Acquires 10 Additional Gold Licenses Adjacent to Its Recently Purchased Concessions Situa

^{Published on 2009-03-16 05:02:05, Last Modified on 2009-11-03 19:21:02 - Market Wire}
 

LAS VEGAS, NEVADA--(Marketwire - March 16, 2009) - VIPR Industries Inc. ("VIPR") (PINK SHEETS:VIPR) announces it has acquired an additional 10 licenses located adjacent to its recently purchased Gold property and concessions within the Singida Region of Tanzania.

The Company moved ahead to acquire the additional licenses which coincide and are adjacent with its recently purchased gold licenses (referenced as QDS 123/3) due to positive data and proven reserves within the area from companies such as Shanta Gold and others. As well, the Company was encouraged with its own data in which results of are expected to soon be disclosed. Terms of the acquisition involved the issuance of 5,000,000 shares of the Company's common stock which includes an option to substitute the shares for a cash payment.

About VIPR Industries Inc.

VIPR Industries Inc. is a precious metals exploration and development company focused on Gold, Uranium, Diamonds and other precious metal resources and reserves through mergers, acquisitions and resource development.

Safe Harbor

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased" "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's filings and website, which all investors are advised to view at [ www.viprindustries.com/motion.asp?menuid=6266&lgid=1&siteid=100382 ].

For more information please visit ([ http://www.viprindustries.com/ ]).