Asia Now Resources Corp.
TSX VENTURE : NOW

Asia Now Resources Corp.

March 30, 2011 09:00 ET

Asia Now Grants Stock Options

TORONTO, ONTARIO--(Marketwire - March 30, 2011) - Asia Now Resources Corp. ("Asia Now" or the "Corporation") (TSX VENTURE:NOW) announces that it has granted an aggregate of 100,000 options to a director and an officer of the Corporation. Each option entitles the holder to acquire one Asia Now common share at an exercise price of $0.30 until March 24, 2016.

The options granted are subject to shareholder and regulatory approval of its amended stock option plan and may not be exercised until such approvals are obtained. The options granted will vest according to the provisions of the stock option plan, namely ¼ vesting immediately and ¼ of the options vesting every six months thereafter. 

About Asia Now:

Asia Now Resources Corp. is a mineral exploration company, exploring potential world-class ore deposits in China with the aim of developing them. The Corporation has established offices, joint ventures and a significant network with the Chinese mining industry and governments. Under the leadership of an experienced international board and management team, the Corporation has been operating smoothly in China since 2002. The Corporation is currently resource drilling at its key Beiya project which is located in Yunnan Province. The project has large mineralization belts with potential for significant discoveries. For more information, please visit www.asianow.ca.

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
    President
    +1 (416) 364-7281
    or
    Asia Now Resources Corp.
    Andreas Curkovic
    Investor Relations
    +1 (416) 577-9927
    info@asianow.ca
    www.asianow.ca