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Fri, January 6, 2012
Thu, January 5, 2012
January 05, 2012 15:22 ET
Cathay Forest Announces Resignation of Director
TORONTO, ONTARIO--(Marketwire - Jan. 5, 2012) - Cathay Forest Products Corp. ("Cathay Forest" or the "Company") (TSX VENTURE:CFZ) announces that Mr. John Duncanson has resigned effective December 31, 2011 from the board of directors of the Company for personal reasons. The directors and management of Cathay Forest would like to thank Mr. Duncanson for his contribution to Cathay Forest and wishes him the best in his future endeavours.
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.