TCF

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS
AGENCIES


CBM Asia Development Corp. ("CBM Asia" or the "Company") (TSX
VENTURE:TCF)(US:CBMDF)(FRANKFURT:IY2) announces that further to its news release
of November 25, 2013, the Company 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.


ABOUT CBM ASIA DEVELOPMENT CORP.

CBM Asia Development Corp. is a Canadian-based unconventional gas company with
significant coalbed methane ("CBM") exploration and development opportunities in
Indonesia. The Company holds various participating interests in five production
sharing contracts (each a "PSC") for CBM in Indonesia, with the right to
farm-into 4 additional PSCs. Indonesia has one of the largest CBM resources in
the world with a potential 453 trillion cubic feet in-place, more than double
the country's natural gas reserves (Stevens and Hadiyanto, 2004). Since 2008 a
total of 54 CBM PSCs have been granted by the Government of Indonesia,
representing exploration commitments of well over US$100 million during the next
3 years. In addition to CBM Asia, other companies active in CBM exploration in
Indonesia include BP, Dart Energy, ENI, ExxonMobil, Medco, Santos, and TOTAL.
BP, ENI, and the Indonesian government have confirmed that commercial CBM
production started in March 2011 from the Sanga-Sanga PSC and is being exported
from the Bontang LNG facility. The Company trades on the TSX Venture Exchange
under the symbol "TCF". www.cbmasia.ca.


ON BEHALF OF CBM ASIA DEVELOPMENT CORP.

Alan T. Charuk, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


This news release contains forward-looking statements, which relate to future
events or future performance and reflect management's current expectations and
assumptions. Such forward-looking statements reflect management's current
beliefs and are based on assumptions made by and information currently available
to the Company. Readers are cautioned that these forward looking statements are
neither promises nor guarantees, and are subject to risks and uncertainties that
may cause future results to differ materially from those expected. The economics
of exploring, developing and operating resource properties are affected by many
factors including, but not limited to, the cost of exploration and development
operations, conclusions of economic evaluations, unexpected formations or
pressures, premature declines in reserves, potential environmental damage,
blow-outs, fires, variations in the amount and saturation of CBM contained in
individual coal seams and the rate of production therefrom, fluctuations in gas
prices and the availability of capital. There are no assurances that the
Company's work programs will result in the discovery of commercially viable or
economically producible properties or that the Company will be successful in
completing the balance of the private placement in whole or in part. Gas in
place estimates referred to in this news release are not NI 51-101 compliant and
do not represent "discovered petroleum initially-in-place" within the meaning of
the Canadian Oil & Gas Evaluation Handbook (COGE Handbook). The term "discovered
petroleum initially-in-place" is equivalent to discovered resources, and is
defined in the COGE Handbook to mean that quantity of petroleum that is
estimated, as of a given date, to be contained in known accumulations prior to
production. There are no assurances that any portion of the estimated gas in
place resources referred to herein will be discovered. Furthermore, such
estimates make no allowance for the recovery of the gas which will depend on,
among other things, the reservoir characteristics encountered and future
economic conditions. All of the forward-looking statements made in this news
release are qualified by these cautionary statements and those made in our
Canadian continuous disclosure filings available on SEDAR at www.sedar.com
including our December 31, 2012 year end annual MD&A dated April 24, 2013 and
second quarter 2013 interim MD&A dated August 29, 2013. These forward-looking
statements are made as of the date hereof and the Company does not assume any
obligation to update or revise them to reflect new events or circumstances save
as required under applicable securities legislation. 


THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION
TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT
CONSTITUTE AN OFFER TO SELL SECURITIES AND THE COMPANY IS NOT SOLICITING AN
OFFER TO BUY THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN
REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY
STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO
U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CBM Asia Development Corp.
Alan Charuk
(604) 684-2340 or (866) 504-4755
corpcom@cbmasia.ca
www.cbmasia.ca


For investor relations contact:
Micro Cap et al
1 877 642 7622
info@microcapetal.com

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