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Widespread's Asian Minerals advises typhoon damage

Asian Mineral Resources ("ASN") is Widespread's largest investment, representing 37.8% of total assets at its present market value of Cdn $0.27 a share.   

ASN made the announcement below in Canada last night. It's quite a positive sign, that despite the project suspension in place (caused primarily by the 20% nickel export tariff announced without warning in June 2008) that a site clean-up is already underway.

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Widespread's Asian Minerals provides project update

ASN made the announcement below in Canada last night. It is clear from this announcement that the company is pressing ahead with development of the nickel mine and processing plant, detailed definition drilling of the known massive sulfide deposit and with ongoing exploration activities. Negotiations continue to source funding to complete the project.

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Widespread's Asian Minerals appoints new director

Asian Mineral Resources ("ASN") is Widespread's largest investment, representing 70.9% of total assets at its present market value of Cdn $1.51 a share.   

ASN announced last night in Canada that Koala Lumpur based Choo Mun Keong has been appointed a director. This appointment follows the acquisition by Malaysian Smelting Corporation of a 20% shareholding in ASN. 

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