-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, E5meGwZwLqMxn84QIM5CsEf3XynHFOBBnnp054aPcyHo+OdfLEUOPAqUuRQmgbUq Pw4Tltvm+61VWFpJfyvPdA== 0001157523-05-010755.txt : 20051213 0001157523-05-010755.hdr.sgml : 20051213 20051213080033 ACCESSION NUMBER: 0001157523-05-010755 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051213 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051213 DATE AS OF CHANGE: 20051213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BPI Industries Inc CENTRAL INDEX KEY: 0001314077 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32695 FILM NUMBER: 051259758 BUSINESS ADDRESS: STREET 1: 885 WEST GEORGIA ST STREET 2: SUITE 1500 CITY: VANCOUVER BC V6C 3E8 STATE: A1 ZIP: 00000 BUSINESS PHONE: 604-685-8688 MAIL ADDRESS: STREET 1: 885 WEST GEORGIA ST STREET 2: SUITE 1500 CITY: VANCOUVER BC V6C 3E8 STATE: A1 ZIP: 00000 8-K 1 a5038130.txt BPI INDUSTRIES INC. 8-K - -------------------------------------------------------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 13, 2005 BPI Industries Inc. -------------------------------------------------- (Exact Name of Registrant as Specified in Charter) British Columbia, Canada 001-32695 75-3183021 - ---------------------------- ------------ ------------------- (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 30775 Bainbridge Road, Suite 280, Solon, Ohio 44139 ----------------------------------------------- ---------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (440) 248-4200 -------------- Not Applicable ------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) - -------------------------------------------------------------------------------- [Item 1.01] On December 13, 2005, BPI Industries Inc. issued the press release filed as Exhibit 99.1 hereto. Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press Release, dated December 13, 2005. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BPI Industries Inc. By: /s/ George J. Zilich -------------------------------- George J. Zilich Chief Financial Officer and General Counsel Date: December 13, 2005 EXHIBIT INDEX Exhibit No. Description - ----------- -------------------------------------------------------- 99.1 Press Release, dated December 13, 2005. MATERIAL CHANGE REPORT pursuant to subsection 7.1 (2) OR (3) of National Instrument 51-102 Item 1. Reporting Issuer ---------------- BPI Industries Inc. 30775 Bainbridge Road, Suite 280 Solon, OH 44139 Item 2. Date of Material Change ----------------------- December 13, 2005 Item 3. News Release ------------ The Issuer issued a News Release dated December 13, 2005, which was disseminated via Business Wire and Stockwatch, pursuant to section 7.1 of National Instrument 51-102 Item 4. Summary of Material Change -------------------------- BPI Industries Begins Doing Business as BPI Energy Item 5. Full Description of Material Change ----------------------------------- BPI Industries Begins Doing Business as BPI Energy Cleveland, OH--December 13, 2005--BPI Industries Inc. (BPI) (AMEX:BPG) (TSX VENTURE:BPR), an independent energy company engaged in the exploration, development and commercial sale of coalbed methane (CBM) in the Illinois Basin, today announced that it will begin doing business as BPI Energy effective immediately. "The name change, part of a corporate identity initiative designed to increase awareness of our company, more accurately reflects our business," said BPI President and Chief Executive Officer James G. Azlein. "Moreover, as we begin trading on the Amex today, we felt the time was appropriate to better align our identity with our operations." The company expects to conduct a special meeting of shareholders to submit the name change to a shareholder vote in the near future. To be added to BPI Energy's e-mail distribution list, please click on the link below: http://www.clearperspectivegroup.com/clearsite/bpi/emailoptin.html ------------------------------------------------------------------ About BPI Energy BPI Energy (BPI) is an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, which covers approximately 60,000 square miles in Illinois, southwestern Indiana and northwestern Kentucky. The company currently controls the dominant CBM acreage position in the Illinois Basin at 418,435 acres. Some of the statements contained in this press release may be deemed to be forward-looking in nature, outlining future expectations or anticipated operating results or financial conditions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results or conditions to differ materially from the information expressed or implied by these forward-looking statements. Some of the factors that could cause actual results or conditions to differ materially from the Company's expectations include: (1) inability to obtain financing to fund its current plan of operations; (2) failure of wells drilled by BPI to be commercially productive; (3) unexpected drilling conditions; (4) inability to obtain drilling equipment; (5) inability to maintain acreage rights in the Illinois Basin or to avoid disputes over the extent of its property rights; and (6) an unexpected decline in natural gas prices. Any forward-looking statements made by the Company in this press release or elsewhere are based on currently available information and speak only as of the date hereof and thereof. Readers are cautioned not to place undue reliance on these forward-looking statements. Except as required by applicable law, the Company undertakes no duty to update these forward-looking statements due to new information or as a result of future events. News releases and other information on the company are available on the Internet at: http://www.bpi-energy.com. ------------------------- CONTACT: BPI Investor Relations Clear Perspective Group, LLC Matthew J. Dennis, CFA Sr. Managing Director (440) 353-0552 Item 6. Reliance on subsection 7.2(2) or (3) of National Instrument ---------------------------------------------------------------- 51-102 ------ Not applicable. This report is not being filed on a confidential basis. Item 7. Omitted Information ------------------- Not applicable. Item 8. Executive Officer ----------------- To obtain further information, contact James Azlein, President of the Issuer, at (440) 248-4200 or jazlein@bpi-industries.com. Item 9. Date of Report -------------- December 13, 2005 EX-99.1 2 a5038130ex99_1.txt EXHIBIT 99.1 Exhibit 99.1 BPI Industries Begins Doing Business as BPI Energy CLEVELAND--(BUSINESS WIRE)--Dec. 13, 2005--BPI Industries Inc. (BPI) (AMEX:BPG) (TSX VENTURE:BPR), an independent energy company engaged in the exploration, development and commercial sale of coalbed methane (CBM) in the Illinois Basin, today announced that it will begin doing business as BPI Energy effective immediately. "The name change, part of a corporate identity initiative designed to increase awareness of our company, more accurately reflects our business," said BPI President and Chief Executive Officer James G. Azlein. "Moreover, as we begin trading on the Amex today, we felt the time was appropriate to better align our identity with our operations." The company expects to conduct a special meeting of shareholders to submit the name change to a shareholder vote in the near future. To be added to BPI Energy's e-mail distribution list, please click on the link below: http://www.clearperspectivegroup.com/clearsite/bpi/emailoptin.html About BPI Energy BPI Energy (BPI) is an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, which covers approximately 60,000 square miles in Illinois, southwestern Indiana and northwestern Kentucky. The company currently controls the dominant CBM acreage position in the Illinois Basin at 418,435 acres. Some of the statements contained in this press release may be deemed to be forward-looking in nature, outlining future expectations or anticipated operating results or financial conditions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results or conditions to differ materially from the information expressed or implied by these forward-looking statements. Some of the factors that could cause actual results or conditions to differ materially from the Company's expectations include: (1) inability to obtain financing to fund its current plan of operations; (2) failure of wells drilled by BPI to be commercially productive; (3) unexpected drilling conditions; (4) inability to obtain drilling equipment; (5) inability to maintain acreage rights in the Illinois Basin or to avoid disputes over the extent of its property rights; and (6) an unexpected decline in natural gas prices. Any forward-looking statements made by the Company in this press release or elsewhere are based on currently available information and speak only as of the date hereof and thereof. Readers are cautioned not to place undue reliance on these forward-looking statements. Except as required by applicable law, the Company undertakes no duty to update these forward-looking statements due to new information or as a result of future events. News releases and other information on the company are available on the Internet at: http://www.bpi-energy.com . CONTACT: BPI Investor Relations Clear Perspective Group, LLC Matthew J. Dennis, CFA, 440-353-0552 -----END PRIVACY-ENHANCED MESSAGE-----