Dear Investor and Friends,

CBM Asia signs LOI for South Sumatra PSC
Ticker Symbol: CBMDF:OB | C:TCF
CBM Asia signs LOI for South Sumatra PSC

CBM Asia Development Corp (CBMDF:OB | C:TCF)
Shares Issued 40,116,659
Last Close 8/21/2009 $0.385
Monday August 24 2009 - News Release

Mr. Alan Charuk reports

CBM ASIA DEVELOPMENT ACQUIRES INTEREST IN SOUTH SUMATRA PRODUCTION SHARING CONTRACT

CBM Asia Development Corp. has signed a letter of intent with Batavia Energy Inc. to acquire 48 per cent of South Sumatra Energy Inc. (SSE) which, together with PT Medco CBM Sekayu, holds a production-sharing contract for coal bed methane on a 58,349-hectare block located in the South Sumatra basin (the Sekayu block PSC), Indonesia.

Awarded May 27, 2008, the Sekayu block PSC marked the first time the government of Indonesia awarded a PSC for the exploration and development of coal bed methane in Indonesia. PT Medco Energi Internasional Tbk (Medco), Indonesia's leading independent oil and gas company, and operator of the Sekayu block PSC, has forecast that the first commercial coal bed methane production will begin in 2011 and peak in six years. Indonesia's estimated coal bed methane resource of 453 trillion cubic feet of gas in place is among the largest in the world after the United States and China. The South Sumatra basin, the largest coal bed methane basin in Indonesia, is estimated to contain in-place resources of approximately 183 trillion cubic feet (Society of Petroleum Engineers, 2004).

Under the LOI, the company will earn a participation interest in Batavia's 31.5-per-cent working interest in the Sekayu block PSC, and has committed to exploration and appraisal expenditures over the next three years to determine the commercial feasibility of coal bed methane production.

"We are happy to secure this rare capital acquisition opportunity in Indonesia's rapidly emerging coal bed methane industry. As Indonesia moves to develop its large prospective coal bed methane resources for delivery to domestic and global markets, we look forward to working with our new partners in the Sekayu block PSC where initial exploration drilling is scheduled to commence by early September, 2009. This acquisition will diversify our interests in the coal bed methane sector in Indonesia and complement our already outstanding prospects in the Kutai basin," said Alan Charuk, the company's president and chief executive officer. Successful completion of the Sekayu block PSC test well will mark the first government-approved commercial coal bed methane well drilled in Indonesia.

Closing of the LOI is subject to, among other things, completion of the company's due diligence review, execution of definitive agreements, and applicable third party consents and approvals.
2009 Canjex Publishing Ltd.

Warmest Regards,


Adrian Lamoureux
Infinity Alliance Corp
407-808 Nelson Street
Vancouver, BC V6Z 2H2
Tel: (604)685-9568 x3
Fax: (604)685-9560
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www.infinityalliancecorp.com