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Published on 8/7/2008 in the Prospect News PIPE Daily.

New Issue: Asia Now settles C$5.73 million private placement of stock

By Devika Patel

Knoxville, Tenn., Aug. 7 - Asia Now Resources Corp. said it completed a C$5.73 million non-brokered private placement of common shares.

The company sold 13,029,908 common shares at C$0.44 apiece to China Gold Pte. Ltd.

Based in Toronto, Asia Now acquires and develops mineral properties in China.

Issuer:Asia Now Resources Corp.
Issue:Common shares
Amount:C$5,733,159.52
Shares:13,029,908
Price:C$0.44
Warrants:No
Underwriters:Non-brokered
Investor:China Gold Pte. Ltd.
Settlement date:Aug. 7
Stock symbol:TSX Venture: NOW
Stock price:C$0.53 at close Aug. 6

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