Asia Now Resources Corp.

Asia Now Resources Corp.

March 27, 2008 16:35 ET

Asia Now Closes Additional Private Placement

TORONTO, ONTARIO--(Marketwire - March 27, 2008) - Asia Now Resources Corp. ("Asia Now") (TSX VENTURE:NOW) is pleased to announce that, following the private placement in January, an additional CAD $55,000 has been raised through the issuance of 100,000 common shares at $0.55 per share.

There were no fees paid in connection with this non-brokered financing. The gross proceeds will be used for advancement of the Beiya and Habo projects, working capital and general corporate purposes.

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 and sufficient working capital to take exploration into the next phase.

Shares Outstanding: 50,652,224

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

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