LIM Asia Multi-Strategy Fund Inc. and LIM Asia Special Situations Master Fund Limited Exercise Warrants to Acquire TVI Pacific Inc. Shares

TORONTO, Jan. 5 /CNW/ - LIM Asia Multi-Strategy Fund Inc. and LIM Asia Special Situations Master Fund Limited (together, "LIM"), announced today that they have acquired 71,689,734  common shares of TVI Pacific Inc. (the "Company") on exercise of previously issued common share purchase warrants held by LIM (the "Acquired Shares").

LIM currently owns 4.9 million common shares in the capital of the Company (the "Owned Shares").  The Owned Shares together with the Acquired Shares represent approximately 13.7% of the Company's issued and outstanding shares on a diluted basis. 

SOURCE LIM Asia Multi-Strategy Fund Inc.

For further information:

Oscar Wan on + 852 2533 0900

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LIM Asia Multi-Strategy Fund Inc.

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