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Widespread's Asian Minerals appoints new Toronto based CEO

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Asian Mineral Resources ("ASN") is Widespread's largest investment, representing 73.1% of total assets at its present market value of Cdn $1.70 a share.   

ASN announced last night in Canada that Toronto based Collin Ellison will become President and CEO of ASN, effective on 4 August 2008. Although he will be commuting to Vietnam on a regular basis, his presence in Toronto will markedly improve the visibility of ASN to Canada based investors.  

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Widespread's Asian Minerals signs nickel offtake deal with Jinchuan

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Toronto, Ontario - May 5, 2008. Asian Mineral Resources Limited ("AMR" or the "Company")(ASN-TSX Venture) announced today that its 90% subsidiary, Ban Phuc Nickel Mines LLC ("BPNM") has entered into an Offtake Agreement with Jinchuan Group Ltd. ("Jinchuan") to sell Jinchuan all nickel concentrates produced during the estimated five-year life of mine of its initial Ban Phuc project and has granted Jinchuan first refusal rights on additional nickel concentrates that BPNM may produce. Read More

Widespread's Asian Minerals raises cash at Cdn$2.10 a share

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Asian Mineral Resources ("ASN") is Widespread's largest investment, representing 75% of total assets. 

 ASN announced last night in Canada that the Malaysia Smelting Corporation ("MSC"), having received required MSC shareholder approval, intends to exercise its warrants to purchase 6,799,999 common shares of ASN at Cdn $2.10 a share. Following such exercise, MSC will hold 19% of ASN's outstanding shares, being a total investment of Cdn$34.3 million.

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Buyback - Ordinary Units

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The following information is provided in accordance with Listing Rule 7.12:
Class of security:      Ordinary Shares
ISIN:   NZNZIE0007S5
Number acquired:        470,670
Acquisition price:      $0.013 per share
Payment in cash:        Yes
Fully paid:     Yes
Percentage of Ordinary Shares on issue  0.05%
Reason for the Acquisition:     Pursuant to buy back programme announced to
the market on 29 May 2007
Authority for the acquisition:  Director resolution
Number of Ordinary Shares on issue after the acquisition (including treasury
stock):    1,014,487,700
Acquired shares held as treasury stock: Yes
Total number of shares held as treasury stock:  9,470,670
Dates of Acquisition:   4 February 2008 Acquisition Date
8 February 2008 Settlement Date
On behalf of the Board,
Chris D Castle
Director
Email: c.castle@paradise.net.nz
Tel/fax 03 525 9170

End CA:00160127 For:WID Type:BUYBACK Time:2008-02-05:10:46:02