February 11, 2009
CBM Asia Receives ABCP Payment
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 11, 2009)
Development Corp. (TSX VENTURE:TCF) (the "Company") is pleased
announce that it has now received a total of $1,040,000 from
of its previous investment in Canadian asset backed commercial
(December 31, 2007 - $1,099,856) which had been tied up since
2007 following the collapse of the ABCP market in Canada.
The Company intends to use the proceeds from the sale of its
ongoing exploration of its coalbed methane projects in Indonesia
general working capital purposes.