Cathay Lifestyle Company (SANP) Receives First Cigarette Order From China

 

Ft. Lauderdale, FL -- April 18, 2016 -- InvestorsHub NewsWire -- Santo Mining Corporation also known as Cathay Lifestyle Co., (OTCPINK:SANP), (the "Company"), announced today that it has received its first pro forma order of specialty cigarettes from the Beijing Diplomatic Duty Free Stores.  Cathay is pleased to reveal that the specialty cigarette brand is Palms Cigarette from Caribbean Tobacco Enterprises, Ltd. of the Bahamas.
 
CEO Frank Yglesias stated: “Cathay has already successfully penetrated the $4 billion dollar Chinese cigar market. The Chinese cigarette market is a staggering $100 billion dollar industry, making it the largest cigarette market in the world. Through our strategic alliance with CTE of the Bahamas, we will start marketing, promoting and importing Palms Cigarettes to the Chinese market.  This endeavor with CTE stands to become the most profitable business alliance we have established thus far.”  Cathay plans to fulfill the initial cigarette order before May 2016. The Company intends to further update investors through media and additional details concerning this historic first order.
 
ABOUT CARIBBEAN TOBACCO ENTERPRISES, LTD. (http://caribacco.com/)
Caribbean Tobacco Enterprises, Ltd. (CTE) is a privately held cigarette manufacturing company located in Freeport, Grand Bahama, Bahamas.  The company has developed innovative strategies to manufacture and market our products and understand the value of engaging with all our partners to ensure a mutually beneficial relationship.  The consumer is at the heart of our business, and appealing to their needs by providing a pertinent, product-focused portfolio will allow us to continue to grow and create value within our markets.  Our emphasis on engaging in strategic partnerships helps us to maintain a refined and synergetic market strategy that remains optimal for our distribution systems and trade partners. With the launch of our core cigarette brand- Palms and our private labeling services, CTE is poised to continue its success as a profitable and stable international player.
 
Make sure to visit and/or contact SANP online through its many media outlets:
 
Website: http://www.cathay.asia
Email: [e-mail]
Facebook: http://www.facebook.com/cathaycigars
Twitter: http://www.twitter.com/cathayinvestors
http://www.scoop.it/t/cigars-by-cathaycigars
 
About SANP: Cathay Lifestyle Company, 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.