Plaintiffs v TVI Pacific

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TVI Pacific Announces Court Approvals Relating to Class-Action Proceedings

Case ID: 5435

Category: Miscellaneous

Last Update: 07/10/2009

Country:

TVI Pacific Inc. (TSX: TVI or the Company) announced today that the Settlement Agreement previously entered into by the Company in relation to the class-action proceedings commenced in Ontario by Joe Marcantonio and in Quebec by Florent Audette has been approved by the courts in Ontario and Quebec. Approval of the Settlement Agreement was granted by the Ontario Superior Court and by the Quebec Superior Court.

This news release should be read in conjunction with the Companys prior news release announcing the Settlement Agreement and with the Notice of Class Actions and Proposed Settlement issued, both of which have been posted on the Companys website at www.tvipacific.com.

About TVI Pacific Inc. (TSX: TVI)
TVI Pacific Inc. is a publicly traded Canadian mining company focused on exploring for, developing and producing precious and base metals within district-scale systems in the Philippines. The Companys interest in the Canatuan Mine and its other Philippine assets are held through its affiliate, TVI Resource Development (Phils.) Inc.

For more information please contact:
TVI Pacific
403-265-4356 or tvi-info@tvipacific.com

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