TVI Pacific Inc.
TSX : TVI

TVI Pacific Inc.

October 15, 2008 14:16 ET

CORRECTION FROM SOURCE: TVI Pacific Secures Additional Project Financing

CALGARY, ALBERTA--(Marketwire - Oct. 15, 2008) - TVI Pacific Inc. (TSX:TVI) ("TVI" or the "Company") today issued a correction from source with respect to the Company's news release issued on October 14, 2008, at 10:49 a.m. eastern time. The amount to be repaid for the Tranche C facility should have read 42.7 million Philippine pesos, rather than the 54 million Philippine pesos as originally issued. The online version of the news release has been corrected to reflect the appropriate value and this document can be accessed on the TVI Pacific website at www.tvipacific.com.

About TVI Pacific Inc. (TSX:TVI)

TVI Pacific Inc. is a publicly traded Canadian mining company focused on exploring for and producing precious and base metals within district scale systems in the Philippines. The Company's interest in the Canatuan Mine and its other Philippine assets are held through its affiliate, TVI Resource Development (Phils.) Inc.

The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.

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