VIPR Industries Inc.

VIPR Industries Inc.

November 21, 2008 16:01 ET

VIPR Industries Offered 10 Additional Gold Prospecting Licenses in the Singida Region of Tanzania, Clarifies PML's on 3 Geita Region Prospects

TORONTO, ONTARIO--(Marketwire - Nov. 21, 2008) - VIPR Industries Inc. ("VIPR")(PINK SHEETS:VIPR) announces that it has been offered an additional 10 Gold prospecting licenses in the Singida region of Tanzania which it has entered into discussions for. As well it clarifies PML numbers for previous announcement on 3 prospects in rich Geita region of Tanzania.

The 10 additional licenses have reputable data and possess very promising characteristics and potential. The licenses are presently in owned by business partners closely associated with VIPR who are regarded as very reputable and respected in Tanzania and have had numerous dealings with the Tanzanian Ministry Of Energy and Mines.

As well, 2 out of the 3 prospects recently announced and located in the rich and lucrative Geita region of Tanzania have been granted PML's (Primary Mining licenses). Application number HQ-P15896 is now referenced by license numbers PL 5422/2008, an area of approximately 122.87 sq/km. Application number HQ-P15890 was also granted a PML which is referenced as PL 5013/2008, also located in the Geita and Sangerema districts of Tanzania, an area approximately 81.92 sq/km. A third property is also awaiting the granting of a PML which is expected shortly. The property is located within a region of Tanzania possessing very significant mines and discoveries. The properties are located a mere 20 km from the Geita Gold Mine owned and operated by Resolute Ltd; Ashanti Goldfields in a joint venture with AngloGold, and Barrick Gold Corp where its cost of production is known to be $250 per ounce making it a very economically profitable mine.

VIPR is extremely interested in closing on all potential prospects which could also involve a joint venture with other more well capitalized mining companies to assist and share in exploration and development costs.

About VIPR Industries Inc.

VIPR Industries Inc. is a precious metals exploration and development company focused on gold, uranium, and other precious metals reserves through mergers, acquisitions and resource development.

Cautionary "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995. Some of the information included in this press release and other documents by VIPR Industries Inc may contain forward looking statements. Forward looking statements do not relate strictly to historical or current facts, often will be phrased in the future tense and may include the words "may," "could," "should," "would," "believe," "expect," "anticipate," "estimate," "intend," "plan" or other words or expressions of similar meaning. Forward looking statements that relate to VIPR Industries Inc. ("VIPR") or its present or proposed business are based on VIPR's current beliefs and expectations about future events and include statements that reflect management's beliefs, plans, objectives, goals, expectations, anticipations and intentions with respect to VIPR's financial condition, results of operations, future performance and business, including statements relating to VIPR's business strategy and VIPR Industries current and future development plans. Readers are cautioned not to put undue reliance on forward-looking statements.

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