CBM Asia Development Corp.
TSX VENTURE : TCF
FRANKFURT : IY2

CBM Asia Development Corp.

February 28, 2009 13:38 ET

CBM Asia Announces Agent's Warrant Exercise

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 28, 2009) - CBM Asia Development Corp. (the Company) (TSX VENTURE:TCF)(FRANKFURT:IY2) is pleased to announce that, as of February 23, 2009, the 15 cent ($0.15) Agent's Warrants, have been exercised in their entirety. The Company received proceeds of $116,099.85 from the exercise of these warrants.

ON BEHALF OF CBM ASIA DEVELOPMENT CORP.

Alan T. Charuk, President & CEO

This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • CBM Asia Development Corp.
    Alan Charuk
    (604) 684-2340 or Toll Free: 1-866-504-4755
    (604) 684-2474 (FAX)
    Email: info@cbmasia.ca
    Website: www.cbmasia.ca