Asia Now Resources Corp.
TSX VENTURE : NOW

Asia Now Resources Corp.

November 15, 2007 12:41 ET

Asia Now Plans Private Placement

TORONTO, ONTARIO--(Marketwire - Nov. 15, 2007) - Asia Now Resources Corp. (TSX VENTURE:NOW) plans to issue 909,091 commons shares at $0.55 per share for gross proceeds of $500,000 by way of a non-brokered private placement to investors in Shanghai, China, subject to regulatory approval. The shares will be subject to a four-month hold. The transaction is expected to close on November 23, 2007.

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.

Shares Outstanding: 49,193,238

The TSX Venture Exchange has not reviewed and does not accept responsibility for this news release.

Contact Information