Mr. Bruce Duncan reports

CANADA CARBON PROVIDES CLARIFICATION OF INDICATIVE PRICING LETTER

Canada Carbon Inc., as a result of a disclosure review by IIROC (Investment Industry Regulatory Organization of Canada), is issuing this news release to further clarify the company's July 15, 2015, press release on indicative pricing.

The terms indicative pricing and real-time pricing are neither industry standard nor defined terms in legislation. No spot price exists for graphite at any purity level. In addition, no mining study at any confidence level has been completed to establish costs of production, capital costs and other important economic considerations. To avoid any misinterpretation as to the value of graphite mineralization that may be hosted on the company's mineral property, all future graphite pricing information will be limited to disclosure within the preliminary economic assessment.

The pricing in the graphite market space is not transparent. The company's objective in its July 15, 2015, press release was to provide some insight from an experienced third party graphite processor as to the current value of 99.9998 per cent total carbon for a high-technology electronic device sector with a worldwide consumption level of 250 to 350 tonnes per month.

We seek Safe Harbor.