TVI Pacific Inc. - Correction From Source

About this update from Tvi Pacific Inc.

[{"type":"text","content":"\n\n\n\n(TSX: TVI)\n\n\nCALGARY, March 18 /CNW/ - TVI Pacific Inc. (TSX: "TVI" or the "Company")\ntoday issued a correction from source with respect to the Company's news\nreleases issued on February 20, 2009, at 8:31 a.m. eastern time and 9:00 a.m.\neastern time.\n\n\nThese news releases erroneously stated that Clifford M. James and his\nassociated corporations beneficially owned, or were deemed to beneficially\nown, 63,849,589 common shares of TVI, representing approximately 13.7% of\nissued and outstanding common shares of the Company. As well, the news\nreleases indicated that, assuming the full exercise of options to acquire TVI\ncommon shares held by Mr. James, Mr. James would beneficially own, or would be\ndeemed to beneficially own, 16.6% of the issued and outstanding common shares\nof the Company. These figures have proven to be incorrect as a result of a\ncalculation error.\n\n\nIn actuality, Mr. James and his associated corporations beneficially own,\nor are deemed to beneficially own, 63,030,418 common shares of TVI,\nrepresenting approximately 13.5% of the issued and outstanding common shares\nof the Company. Assuming the full exercise of options to acquire TVI common\nshares held by Mr. James, Mr. James would beneficially own, or would be deemed\nto beneficially own 16.4% of the issued and outstanding common shares of the\nCompany.\n\n\nTVI has updated the applicable news releases filed on its website at\nwww.tvipacific and understands that Mr. James will be filing an amended and\nrestated early warning report on the SEDAR website at www.sedar.com.\n\n\nAbout TVI Pacific Inc. (TSX: TVI)\n---------------------------------\n\n\nTVI Pacific Inc. is a publicly traded Canadian mining company focused on\nexploring for and producing precious and base metals within district scale\nsystems in the Philippines. The Company's interest in the Canatuan Mine and\nits other Philippine assets are held through its affiliate, TVI Resource\nDevelopment (Phils.) Inc.\n\n\nThe Toronto Stock Exchange has neither approved nor disapproved of the\ninformation contained herein.\n\n\n","length":2237,"tagName":"div"}]

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