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Catalyst Resource Group to Acquire 49% Equity Stake in Kyrgyzstan Gold Mines


March 29, 2011 - Los Angeles, Ca And Berlin

Catalyst Resource Group (OTCQB: CATA) (BERLIN: LEX), a company engaged in natural resources and innovative processing technologies for mining, today announced that the Company has signed an agreement to acquire 49% equity interest in gold mines currently exploited by P&P Investment Group in Naryn, Kyrgyzstan.

The mines are situated approximately 200 miles from Bishkek, the capital of Kyrgyzstan. P&P Investment Group received the exploration license in 2007 and the exploitation license in 2009. Further information about this project can be found at the Company's website http://www.cataresource.com/projects/kyrgyzstan.html.

The closing of this transaction is scheduled to occur within the second quarter of 2011, subject to certain conditions and warranties of both parties. Catalyst Resource Group is currently working with interested private and institutional investors to finalize financing for the acquisition.

About Catalyst Resource Group
Catalyst Resource Group is engaged in natural resources and innovative processing technologies for mining. The Company has successfully concluded negotiations to acquire equity interests in several gold mines in East & Southeast Asia, Central Asia, and North America and to secure breakthrough technologies for mineral processing and chemical applications. Website: www.cataresource.com

Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

Contact:

Timmy Phan
714-843-5457
Email Contact

MarketWire

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