CBM Asia Closes First Tranche of Private Placement

CBM Asia Development Corp. announced that it has completed a first tranche of 2,553,200 common shares at a price of $0.10 per share for gross proceeds of $255,320.

All securities issued in connection with the first closing are subject to a hold period of four months and one day expiring March 29, 2014.

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LNG World News Staff, December 6, 2013