SOURCE: Catalyst Resource Group

March 24, 2011 08:30 ET

Catalyst Resource Group Provides Corporate Updates

LOS ANGELES, CA and BERLIN--(Marketwire - March 24, 2011) - Catalyst Resource Group (OTCQB: CATA) (BERLIN: LEX), a company engaged in natural resources and innovative processing technologies for mining, today announced that the Company has successfully concluded negotiations to acquire equity interests in three gold mines in East & Southeast Asia, Central Asia, and North America and to secure breakthrough technologies for mineral processing and chemical applications.

The Company will provide detailed information on these gold mines and the new technologies beginning next week. Management believes that the acquisition of these gold mine interests and the appropriation of the new processing and application technologies will generate substantial revenues and profits for the Company in the near future. The Company will also continue to update its website www.cataresource.com to provide further information on these new developments.

Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

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