Cathay Forest Products Corp.
TSX VENTURE : CFZ

Cathay Forest Products Corp.

July 18, 2012 14:25 ET

Cathay Forest Announces Resignation of Remaining Directors

TORONTO, ONTARIO--(Marketwire - July 18, 2012) - Cathay Forest Products Corp. (the "Company") (TSX VENTURE:CFZ), by its court-appointed temporary receiver and manager, Duff & Phelps Canada Restructuring Inc. (the "Interim Manager"), announces the following resignations:

  1. Mr. Stephen Miller resigned as a director of the Company effective July 9, 2012.

  2. Mr. Honda Cheng resigned as a director of the Company effective July 11, 2012.

  3. Mr. Thomas Chan Man Hung resigned as a director and chairman of the Company effective July 11, 2012.

Following the resignation of these individuals, there are no remaining directors of the Company. A special meeting of shareholders will be held on July 30, 2012 for the purpose of electing new directors to fill these vacancies.

Contact Information

  • For more information, please contact the following
    representative of the Interim Manager:
    Mitch Vininsky
    Director, Restructuring
    416-932-6013
    mitch.vininsky@duffandphelps.com