Asia Now Resources Corp.

TSX VENTURE : NOW


Asia Now Resources Corp.

May 18, 2012 10:04 ET

Asia Now Resources-Corporate Update

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - Asia Now Resources Corp. (TSX VENTURE:NOW) (the "Company") is pleased to announce that, further to its press release dated April 27, 2012, Harold Roy Shipes, President & Chief Executive Officer of the Company, has also been appointed to the board of directors of the Company on May 14, 2012. Mr. Shipes replaces Kelvin Lee, who was appointed a director in March 2012 and who resigned on May 14, 2012. The board thanks Mr. Lee for his service and wishes him well on his future endeavours.

In connection with the appointment of Chan Wing Kwong as Interim Chairman on April 27, 2010, the board wishes to thank Gordon McCreary for his service as Chairman. When Mr. McCreary took on the role of Chairman in November 2010, he committed to serve in that role for at least one year. Mr. McCreary has advised the Company that he is now refocusing his efforts on North American gold mining opportunities and the Company thanks him for his dedicated service as Chairman. Mr. McCreary has been a director since 2006 and currently continues to serve as a director of the Company.

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. For more information, please visit www.asianow.ca.

This news 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", "may" and other 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 news 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