|February 28, 2013||February 29, 2012|
|Amount||Per Share||Amount||Per Share|
|Net investment income (loss)||$||(201,482)||$||(0.01)||$||(503,155)||$||(0.03)|
|Ending shares outstanding||19,289,905||19,289,905|
ASA Gold and Precious Metals Advisers LLC, a California-registered investment adviser and wholly owned subsidiary of the Company, was founded in 2010 for the purpose of managing metals and mining investment portfolios for foundations, endowments and other institutional investors.Investors are encouraged to visit ASA’s website for additional information, including historical and current share prices and metals prices, news releases, financial statements, tax and supplemental information. The site may be found at www.asaltd.com or you may contact ASA directly at (800) 432-3378. Certain Tax Information ASA Gold and Precious Metals Limited is a “passive foreign investment company” for United States federal income tax purposes. As a result, United States shareholders holding shares in taxable accounts are encouraged to consult their tax advisors regarding the tax consequences of their investment in the common shares of ASA Gold and Precious Metals Limited.