Asia Now Resources Corp.

Asia Now Resources Corp.

May 01, 2007 09:27 ET

Asia Now Retains The Howard Group for Investor Relations

TORONTO, ONTARIO--(CCNMatthews - May 1, 2007) - Asia Now Resources Corp. (TSX VENTURE:NOW) is pleased to announce that it has engaged The Howard Group Inc. of Calgary, Alberta, to provide investor and financial relations services to the Company.

Since 1988, The Howard Group Inc. has provided comprehensive investor and financial relations, business development solutions, in-depth strategic planning and financing services to public companies. The Howard Group Inc. is associated with the Insight Limited Partnership, which invests in micro and small cap companies.

The term of the agreement is for 12 months. The Howard Group Inc. will be compensated with a monthly retainer of $6,000 and 300,000 stock options. The options have an exercise price of $0.33 with a 3-year term expiring April 30, 2010. The Howard Group may earn an additional 200,000 stock options with an exercise price of $0.50 should the initial agreement be extended beyond the initial 12 month term, subject to shareholder and TSX Venture Exchange approval. For further information on The Howard Group Inc., please visit

In addition to its ongoing investor relations services, The Howard Group Inc. will provide ongoing commentary on NOW's activities in its free, online live newsletter, Insight. Interested parties are encouraged to subscribe to the newsletter feed:

The above agreement is subject to the acceptance of the TSX Venture Exchange.

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 in excess of $4 million dollars in cash, thus creating a sound balance sheet to take advantage of further acquisitions.

Shares Outstanding: 48,193,238

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

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