Friday, 3 August 2007

Asia Now Welcomes New Director

Asia Now Resourses Corp (TSX V: NOW) today announced a very important addition to its board of directors enhancing an already elite team.

D. Richard Brown, a principal in one of Canada's leading independant banking and financial advisory firms Osprey Capital, has joined a well rounded team. Rick previously spent 10 years in corporate and investment banking with the Bank of Nova Scotia and Scotia Capital Markets between Toronto and New York.

Chairman Douglas Scharf said: "We are pleased Rick has agreed to become a director as his experience and knowledge of the capital markets brings an important skill set to the board."

Asia Now has also granted to certain directors, officers and employees incentive stock options to purchase up to an aggregate of 1.7 million common shares exercisable on or before August 1, 2012 at a price of $0.75 per share.

To read the news release click here.