Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s April 27th, 2012, and we’ve found 2 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page ... or click on the image below.

CBM Asia Reports Second Exploration Well Encounters 32 Meters of Net Coal at Kutai West PSC

CBM Asia Development Corp.(TSXVENTURE:TCF)(US:CBMDF)(FRANKFURT:IY2)

has been informed by the operator Newton Energy Capital Limited that the second exploration well (CBM-KW-01) at the Kutai West Coalbed Methane Production Sharing Contract ("Kutai West CBM PSC") block has reached target depth of 900 meters. Approximately 32 meters of net coal were encountered. CBM Asia holds an 18% working interest in the Kutai West CBM PSC, which is located in East Kalimantan, Indonesia, close to the Bontang LNG export facility.

"We are encouraged by the results of the CBM-KW-O1 well so far," comments Alan Charuk, President and CEO of CBM Asia. "The net coal thickness of 32 meters is 28% thicker than net coal thickness of 25 meters found at the CBM-KW-02 well which we recently released results on. We look forward to receiving gas content results from core samples over the upcoming weeks."

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 four production sharing contracts (each a "PSC") for CBM in Indonesia. 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 39 CBM PSCs have been granted by the Government of Indonesia, representing exploration commitments of 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

Last: 0.175Range: 0.60-0.16Market Cap: 27 million

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Cerro Resources: 18m @ 261g/t Silver Equivalent From 155m + High Grade Highlights in Northern Extension at Namiquipa, Mexico

Cerro Resources NL (TSX VENTURE:CJO)(ASX:CJO)

is pleased to advise that further drill results from the Namiquipa Silver Project, in Chihuahua, Mexico, confirm considerable silver/lead/zinc mineralization extending 200m North of the historic La Venturosa mine workings.

Results of 9 holes drilled in the northern area of the Princesa/Megan vein system included:

18m @ 261 g/t AgEq (NAM-064) from 155m, including

0.7m @ 1,332 g/t AgEq (NAM-064) from 156.8m (1,170 g/t Ag, 5.60%Pb)

1.0m @ 2,151 g/t AgEq (NAM-064) from 163m (1,995 g/t Ag, 5.57% Pb)

0.87m @ 1,151 g/t AgEq (NAM-061) from 185.93m (771 g/t Ag, 6.93%Pb)

0.57m @ 910 g/t AgEq (NAM-062) from 198.59m (614g/t Ag, 5.39%Pb and 9.26% Zn)

1.0m @ 1,179 g/t AgEq (NAM-065) from 189m (1,775 g/t Ag)

About Cerro Resources

Cerro Resources is a precious and base metals exploration and development company. The Company is currently focused on Mexico where it is developing the Cerro del Gallo gold/silver project in the central state of Guanajuato, Mexico, actively exploring the Namiquipa silver project in northern Mexico, and commencing exploration on the Espiritu Santo gold/silver project in Jalisco. It also maintains an active working focus on the Mt Isa, Queensland, region where it is exploring the Mt Philp haematite project and it holds an interest in the Kalman molybdenum, rhenium, and copper project.

Last: 0.09Range: 0.33-0.09Market Cap: 67 million

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