China Education Resources Inc.

China Education Resources Inc.

January 29, 2010 14:30 ET

China Education Resources Announces Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 29, 2010) - China Education Resources Inc. ("China Education", "CER", "the Company") (TSX VENTURE:CHN)(PINK SHEETS:CHNUF) - is pleased to announce a non-brokered private placement of up to 1,500,000 common shares in the capital of the Company ("Common Shares") at a price of $0.53 per share for gross proceeds of up to $795,000. The Common Shares issued pursuant to the private placement are subject to a four month hold period in compliance with applicable securities laws and the rules of the TSX Venture Exchange.

The proceeds of the private placement will be used for general working capital purposes. The private placement is subject to regulatory approval.


In collaboration with China's various education authorities and experts, China Education Resources Inc. ("CER") is helping to transform the curriculum of the world's largest educational system. Recognizing the need for centralization and increased accessibility to address the Chinese Central government's 2000 education reform policy changes, CER has created educational tools and curricula for China's entire kindergarten through twelfth grade system. By implementing the government's goal of converting the existing educational system from memory-based learning to creative thinking and utilizing a more interactive approach to embrace a world-based economy, CER has played an integral part in positioning China's educational system to reach new heights.

Safe Harbor Statement

This press release contains certain forward-looking statements that reflect the current views and/or expectations of China Education Resources Inc. with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.

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