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TVI Pacific Inc.

12:05 PM EST - TVI Pacific Inc. : announced today that its Philippine operating affiliate, completed its 22nd shipment of copper concentrates produced at the Canatuan mine on May 30. A total of 5,146 dry metric tonnes (dmt) of concentrate was shipped containing 24% copper. Gross revenue of $13.7 million U.S. will be received for the shipment. The inventory of 1,151 dmt of copper concentrate remains in storage. Efforts are being made by the off-taker to accommodate a shipment of copper concentrate in late June. Negotiations for the first shipment of 1,000 dmt of zinc are underway. TVI Pacific Inc. shares T.TVI are trading even at $0.08.