is a Toronto-based precious metals exploration and development company focused on gold, silver and uranium resources and reserves through mergers, acquisitions and resource development. Toronto, Ontario, is home to many multi national mining companies and is world recognized as one of the leading cities for mining expertise and capitilazation of mining companies.

The Company is presently focused on its Gold and Uranium assets. Its principle properties are the Singida Gold Concessions and it's Itigi / Manyoni Uranium Property, which are both located in Tanzania, a country with an exceptional history for fairness possessing a secure and just British style judicial system enabling it to have the designation of low political risk country. Tanzania is rated as the number 3 Gold producer in Africa with many of the worlds top international mining companies presently doing business within its borders.

("VIPR") is an International Gold and Uranium Exploration and Development Company with its corporate office based in Toronto, Ontario, Canada, and secondary office located in Las Vegas Nevada. The Company's shares currently trade on the NASD Pinksheet Stock Exchange under the symbol "VIPR" , and has the designation of current issuer with the Pinksheet Exchange. The company has retained the firm of Chisholm, Bierwolf, and Nilson to act as its independent auditor and is currently in the review process for completion of its audit for calendar years ending 2006 and 2007, and subsequent quarterlies.

Its principle Asset's are the Singida Gold Mines property and it's Itigi / Manyoni Uranium Property, which are both located in Tanzania, a country with an exceptional history for fairness possessing a secure and just British style judicial system enabling it to have the designation of low political risk country. Tanzania is a country rated number 3 in Africa for Gold production with many of the world's top international mining companies presently doing business within its borders.

The quality and potential of the company's Singida Gold Mines Property and the Itigi / Manyoni Uranium Property has attracted interest from various companies. Its board is chaired and headed by Mike Gerstner, President and Chief Executive Officer. Mr. Gerstners experience, and business acumen has lended the company the expertise required to maximize the potential of VIPR's properties and assets. Mr. Gerstner will have the responsibility of assembling a quality team of professionals that will assist him with VIPR Industries and its mining assets.

VIPR's Singida Gold property is 75 hectares in size and is adjacent to Shanta Gold within the Singida region. The Shanta Gold project results indicate a resource of 543,000 oz of gold. VIPR's Singida concessions lie along the same belt. The company believes a strong potential exists for the discovery of similar anomalies and mineralization within its claim blocks.

Uranium and energy prices have made gains and will continue its upward momentum. A shortage of Uranium now exists in the world which the Company believes will enhance the value of its Itigi Manyoni Uranium deposit made up of 17,000 hectares in size. The radiometric surveys in the area have identified a total of 14 uranium anomalies zones within the license area which contain significantly higher uranium count of 181 cps and a total count of 3200 cps, in 5 of the 14 zones which fall within the license area have a very high priority rating.

VIPR Industries Inc.
Investor Relations
Tel: (416) 644-8648
Email: info@viprindustries.com

VIPR Industries Reports Positive Grab Sampling Results From Phase I Exploration of Its Singida Gold Property (Tuesday, August 11th, 2008)

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