NORTH HUNTINGDON, Pa., Nov. 20 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) today announced that it entered into negotiations to acquire a ten year lease with an option to purchase a riverfront property to form the company's coal distribution center. The location, totaling 8.4 acres, in Sewickley Township, Westmoreland County, Pennsylvania, is situated on the Youghiogheny River. A working railroad runs through the property, and road access is available. "The property provides Beacon with a perfect distribution and storage site for its coal operations," Adam Marek, Beacon's President, said. Using equipment such as the Pennsylvania Crusher and the Posimetric Feeder, Beacon will be able to prepare its coal in a manner that will achieve maximum revenues per ton. Under the proposed lease, Beacon Energy Corporation will also acquire the right to locate and develop natural gas wells on the property. It will receive 80% of the revenue from any gas taken from the property. For gas wells established during the ten year period, Beacon will receive the revenues for fifteen years after the lease expires if it does not choose to purchase the property. "The land owner purchased this land previously held by a large developer which never realized the natural gas potential on the property," Marek advised. In both 2007 and 2008, Westmoreland County had the largest number of gas well permits applied for in Pennsylvania. In fact, nearly 13% of all gas well permits over the last two years originated in Westmoreland County. "Westmoreland County's natural gas reserves are significant, and this is one of the main reasons we are focused in that area. With new technologies that enable the ability to extract natural gas from the Marcellus Shale reserve, up to 6,000 feet deep, properties such as this are ideal to stimulate revenues," Marek explained. This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or 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, +1-724-871-7458, Web site: http://www.beaconredevelopment.com/

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