Widespread's Asian Minerals confirms private placement
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Your directors submit the financial statements of Widespread Portfolios Limited for the six months to 30 September 2008.
The trading result for the period was a loss of $298,000 (6 months to 30 September 2007, $306,000 loss).
Read MoreAsian Mineral Resources ("ASN") is Widespread's largest investment, presently representing 36.8% of total assets.
ASN made the announcement below in Canada last night. This development is good news as it should ensure that the company will survive the present extreme market conditions and eventually be in a position to continue the Ban Phuc development and to take advantage of other opportunities that may present themselves.
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