NORTH HUNTINGDON, Pa., Nov. 12 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) provides the following shareholders update and general public information about its projects. BCND continues its investigation per geological studies as to the Westmoreland Glass Factory's natural gas properties. The preliminary results indicate that producing gas wells exist. A review of public records indicates that the gas wells were and still are in use, and that all rights now belong to BCND's subsidiary, Beacon Pennsylvania Holdings. BCND has directed its counsel to transfer natural gas rights to its subsidiary Beacon Energy Corporation. BCND hopes to have the results as to the extent of the natural gas reserves on the property soon so future revenues for the company can be determined and accounted for. "We are very optimistic that significant reserves exist on the property as natural gas is abundant in the area, which is why the factory was built in Grapeville, Pennsylvania, a century ago. I am anxiously awaiting additional geological reports and other pertinent information," said Adam Marek, BCND's President. As to the West Virginia land parcels, BCND's wholly owned subsidiary, Beacon West Virginia Holdings, Inc., has agreed to and finalized the purchase. Rather than expend significant amounts of company money on transfer taxes, Beacon WV purchased 100% of the corporation that owns the land, Old Field Fork Corp. Adam Marek will become President of OFFC, and will immediately transfer all interest in the corporation to Beacon West Virginia Holdings, Inc. a wholly owned subsidiary of Beacon Redevelopment Industrial Corporation. In other developments, Beacon WV today arranged payment in full per the sales agreement to satisfy all outstanding bills regarding the 2008 property taxes on the West Virginia parcels so that Beacon can move forward with the bidding for the logging rights of the site. 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. 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, +1-908-400-3760, Web site: http://www.beaconredevelopment.com/

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