Asia Now Resources Corp.

Asia Now Resources Corp.

April 05, 2012 20:30 ET

Asia Now Appoints New Director

TORONTO, ONTARIO--(Marketwire - April 5, 2012) - Asia Now Resources Corp. (the 'Company') (TSX VENTURE:NOW) reports today that it has appointed Kelvin Lee as a new director to replace Muliawan Sutanto who resigned on March 8th, 2012. The Board wishes to thank Mr. Sutanto for his valuable contribution to the Company.

Mr. Lee has lived and worked in many parts of South-east Asia. His professional career has included stints as an investment banker, fund manager for a sovereign wealth fund and a Vietnam-focus country fund and, advisory partner of PricewaterhouseCoopers in Singapore and Vietnam. Kelvin Lee has been involved in numerous capital market and M&A transactions and capital raisings involving Indonesian, Singaporean and Vietnamese corporations throughout his career. He is a qualified CPA (Australia), and a member of the Institute of Certified Public Accountants of Singapore and the Singapore Institute of Directors. Kelvin, an Australian citizen, earned his Bachelor of Business from Monash University, Melbourne.

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 lead, copper, gold and silver at two major projects, Beiya and Habo, both in China. The Company has established the first NI43-101 resource estimates and continues to drill at Beiya and Habo. Under the leadership of an experienced management team, the Company is taking exploration into the next phase of success and is preparing for the potential mine development.

This Press Release contains certain forward-looking statements. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect our current belief and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Corporation's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. We undertake no obligation to update or advise in the event of any change, addition or alteration to the information contained in this Press Release including such forward-looking statements, unless otherwise required under applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Asia Now Resources Corp.
    Kaihui Yang
    +1 (416) 364-7281

    Asia Now Resources Corp.
    Andreas Curkovic
    Investor Relations
    +1 (416) 577-9927