Fast Forward to 2005East Asia shareholder Prudent Funds acquires shares
2005-09-14 14:04 ET - News Release
Mr. David Tice reports
PRUDENT FUNDS ACQUIRE SHARES OF EAST ASIA MINERALS CORP.
David W. Tice and Associates has acquired control and direction, through Prudent Bear Fund, Prudent Global Gold Master Fund, Prudent Global Natural Resources Master Fund, LP, and Prudent Global Natural Resources Fund II, LP, funds managed by David W. Tice and Associates, over 330,700 common shares (representing 1.2 per cent of the outstanding shares) of East Asia Minerals Corporation of Vancouver, British Columbia through purchases made on the TSX Venture Exchange. David Tice and Associates has control and direction over a total of 2,072,497 common shares (representing 9.84 per cent of East Asia's outstanding common shares) and warrants to purchase an additional 845,279 common shares. If such warrants were exercised David W. Tice and Associates would have control and direction over 10.3 per cent of the outstanding shares of East Asia.
David W. Tice and Associates has acquired the shares for investment purposes and has filed an early warning report with the British Columbia and Alberta Securities Commissions in respect of the securities acquired. Copies of the report may be obtained from SEDAR (www.sedar.com) or without charge from David W. Tice and Associates.