VRB Reports Issuance of Final Short-Form Prospectus Receipts

September 29, 2005 by Jeff Shepard

VRB Power Systems Inc. (Vancouver, BC), an electrochemical and battery energy storage company, announced that it has obtained final receipts from the British Columbia, Manitoba, and Ontario Securities Commissions for a final short-form prospectus qualifying for distribution 14,167,000 common shares to be issued upon exercise of previously issued special warrants. The previously issued special warrants were issued pursuant to a financing led by Sprott Securities Inc., which raised gross proceeds of CDN$10,200,240.