FT.LAUDERDALE, FL -- December 10th, 2015 -- InvestorsHub NewsWire -- Santo Mining Corporation also known as Cathay Lifestyle Group Inc., (OTCPINK:SANP), (the "Company"), announced that it has been authorized as the exclusive provider of non-Cuban cigars to all the Beijing Duty Free Shop for Diplomatic Missions.
 
Mr. Li Bin Executive Deputy General Manager of Beijing Duty Free Shop for Diplomatic Missions stated: "This is a strategic move by DDFS to encourage our consumers to try new cigars in an effort to educate the market for a more sustainable future where hopefully we will see Non-Cuban cigar sales equal that of Cuban cigar sales in the not to distant future." Mr. Li when on to say "this exclusive deal with Cathay Lifestyle Group gives both parties the chance to maximize each other's strength: ours being the only in China duty free platform and theirs being the best Non-Cuban cigar distribution in China" 
 
CEO Franjose Yglesias commented: “This deal opens up the doors for the company to reach the entire cigar market in China. We’ve been focusing primarily on major cities like Beijing and Shanghai but this contract increases our presence nationwide, immediately. Furthermore, this relationship potentially paves the way for us to begin selling cigars in all the duty free shops everywhere in China. Investors can look at this agreement as a first step into a much larger slice of the $5 billion dollar cigar market in China.”
 
A diplomatic duty free shop is a shop designed for high-ranking state officials, diplomatic agents, heads of mission, and members of senior management and their families. Through this agreement SANP will be the sole provider of all non-Cuban cigars placed in these diplomatic duty free shops.
 
Yglesias continued: “The people frequenting these diplomatic duty free stores are always important upper-class citizens that hold influence in China and in many cases all over Asia and Europe. These are the kind of people that have both the means and the motivation to purchase our luxury cigars. I believe this agreement represents a bold, strategic move for the company to ensure that the first people experiencing the quality of our cigars in new regions will be diplomats and Chinese leaders.”
 
Cathay plans to update our valued shareholders with pictures and videos once the product goes live at the various diplomatic duty free locations. Cathay also clarifies that the additional revenue stream from the diplomatic duty free contract will be over and above the $5M projected for 2016 as stated in an earlier press release.
 
About Beijing Comprehensive Service Corporation for Diplomatic Missions
Founded in 1984, Beijing Comprehensive Service Corporation for Diplomatic Missions http://www.dcsc.com.cn/zh_en/index.aspx (hereinafter referred to as CSC) is a public unit which is managed as an enterprise and is directly under Beijing Service Bureau for Diplomatic Missions.
 
Located in Jianguomen Embassy Zone, adjacent to Chang’an Avenue, CBD and Diplomatic Residence Compound, CSC boasts an excellent business environment and convenient transportation. CSC is a unit providing comprehensive services to foreign embassies in China and relevant diplomatic personnel. With a history of over 20 years, CSC always holds the service tenet “good attitude, excellent quality and high efficiency”, and has been making great progress in the field of “providing services to foreign diplomatic missions and contributing to Chinese diplomacy and socialist construction”.
 
About SANP
Cathay Lifestyle Group Inc., we are a lifestyle brand integration, marketing, design, development, education and consultant for high value sales channel of luxury lifestyle products in the leisure and entertainment sector.  We have a diverse portfolio of licensed brands as well as a wide range of product categories.  Our partners include, membership clubs, golf clubs, financial services groups, nightclubs, restaurants, lounges, sports bars, KTV’s, Duty Free Stores, e-commerce channels and direct to consumers B2C across Asia.  Our services embody the interests, attitudes, and opinions of an elite group of consumers that embrace a particular culture. Our Lifestyle brands seek to inspire, guide, and motivate people, with the goal of our products contributing to the definition of the consumer's way of life. We operate off the ideology that we must attract and connect people and brands to ultimately spur, set and create new social phenomenon’s.
 
FORWARD LOOKING STATEMENT This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
 

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