Cathay Forest Common Shares to Be Delisted from TSX Venture Exchange


TORONTO, ONTARIO--(Marketwire - Feb. 1, 2012) - Cathay Forest Products Corp. ("Cathay Forest") (TSX VENTURE:CFZ) announces that its common shares will be de-listed from the TSX Venture Exchange effective at the close of market today. Cathay Forest common shares are being de-listed by the TSX Venture Exchange as they have been suspended from trading for twelve months.

About Cathay Forest Products

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's customer base includes the domestic Chinese pulp and paper industry and other wood products customers in the Russian and 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 Cathay Forest. Actual results and future events could differ materially from those anticipated in such statements. Except as required under applicable securities laws, Cathay Forest assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Cathay Forest Products Corp.
Luc Perron, CA
Chief Financial Officer
(416) 226-7269
luc.perron@cathayforest.com