| ||Mon Nov 26, 2007|
Asia Now revises private placement
| ||Asia Now Resources Corp. (TSXV: NOW) has revised the amount of its previously announced private placement to a maximum of 1,000,000 common shares at $0.55 per share for maximum gross proceeds of $550,000. The placement, which is subject to regulatory approval, will be subject to a finder's fee in cash equal to 8% of gross proceeds plus warrants equal to 10% of the number of common shares issued in the placement. Each warrant will be exercisable for one common share at $0.55 for 12 months from closing. |
About Asia Now Resources:
Asia Now Resources Corp. is a mineral exploration company active in China since 2002. The Company has established offices, joint ventures and a significant network with Chinese partners. Current projects include copper, gold and silver at three major projects, with drilling underway at two of these. Under the leadership of an experienced management team, the Company has a sound balance sheet to take exploration into the next phase. For more information, please visit www.asianow.ca.
For further information contact:
Kaihui Yang, President /Jim Borland, Executive Vice President
Asia Now Resources Corp.
Jim Borland, Vice President
Peter Weichler / Jeff Walker
The Howard Group Inc.
Toll Free: 1-888-221-0915
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
You can view the Next News Releases item: Wed Nov 28, 2007, Asia Now finds up to 14.1 g/t gold in residual magnetite at Beiya
You can view the Previous News Releases item: Thu Nov 15, 2007, Asia Now plans private placement
You can return to the main News Releases page, or press the Back button on your browser.