Catalyst Copper Corp. (fka CATXF)

[gsfl]

RADCLIFFE FOUNDATION Acquires 12,000,000 common shares

Vancouver, British Columbia – Radcliffe Foundation a charitable foundation under the control of Frank Giustra, acquired 12,000,000 common shares of Catalyst Copper Corp. (the “Issuer”) on December 20, 2011 at a price of $0.07 per common share representing 4.98% of the issued and outstanding common shares of the Issuer.
As a result of the acquisition of securities described above, Radcliffe Foundation together with Radcliffe Corporation, a company beneficially owned and controlled by Frank Giustra, hold in aggregate 34,220,619 common shares representing 14.20% of the current issued and outstanding common shares of the Issuer, and 37,565,619 common shares, representing 15.37% on a partially diluted basis assuming exercise of the 1,845,000 options and 1,500,000 warrants held by Radcliffe Foundation.
The Offerors acquired the securities for investment purposes and have no present intention to acquire further securities of the Issuer, although the Offerors may in the future acquire or dispose of securities of the Issuer, through the market, privately or otherwise, as circumstances or market conditions warrant.
On behalf of RADCLIFFE FOUNDATION “Frank Giustra” Frank Giustra