Cathay Forest Products Corp.
TSX VENTURE : CFZ

Cathay Forest Products Corp.

December 11, 2009 16:54 ET

Cathay Forest Announces Filing of Final Short Form Prospectus

TORONTO, ONTARIO--(Marketwire - Dec. 11, 2009) -

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Cathay Forest Products Corp. ("Cathay Forest" or the "Company") (TSX VENTURE:CFZ) is pleased to announce that a receipt has been issued for the final short form prospectus of Cathay Forest filed with the securities commissions in connection with the previously announced equity financing. The offering is scheduled to close on or about December 15, 2009.

About Cathay Forest

Cathay Forest is a forest products company that manages approximately 1,000,000 hectares of standing timber properties and fast-growth, high-yield poplar plantations in China and Russia. Cathay Forest is building a world-class forest products company through a customer base that includes the domestic Chinese pulp and paper industry and other wood products customers in the Japanese market.

Forward-Looking Statements

All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding the future plans and objectives of the Company. Actual results and future events could differ materially from those anticipated in such statements. Except as required by applicable securities laws, the Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

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