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TORONTO, ONTARIO--(Marketwired - April 9, 2014) - China Gold Pte Ltd. ("China Gold") today announced that it has subscribed for $1,248,000 in aggregate principal amount of unsecured convertible debentures (the "Debentures") of Asia Now Resources Corp. ("ANR") by way of a private placement (the "Subscription"). The Debentures are convertible into common shares of ANR ("Shares") at a price of $0.05 per Share if converted during the first year following their issuance or $0.10 per Share during the second year following their issuance. The cash consideration paid under the Subscription was $1,248,000 at a price of $1,000 per Debenture. |
