Biomass Secure Power Inc. applies for TSX listing

March 10, 2014 – Abootsford, B.C. – Biomass Secure Power
Inc. has announced that the company will apply to become a publicly listed
company on the TSX Venture Exchange.

The Company also announces a private placement of $250,000
of convertible debentures. The debentures will not accrue interest and will be
due eight months after closing of the Offering. The principal amount is
convertible at a conversion price of $0.10 per share unless converted at
maturity in which event is convertible at a conversion price of $0.09 per share.
The proceeds of this placement will primarily be used to pay costs related to
listing on the TSX-V.