CALGARY, ALBERTA -- (Marketwired) -- 10/17/14

CaiTerra International Energy Corporation (TSX VENTURE:CTI) (the "Company") announces that, as a result of unusual market activity in the Company's common shares, the Investment Industry Regulatory Organization of Canada ("IIROC") contacted the Company in accordance with the IIROC's standard practice. The Company confirmed to the IIROC that it is not aware of any material non-public information that would account for the recent market activity. The Company further states that it is not its policy to comment on unusual market activity.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Songning Shen
Chief Executive Officer
CaiTerra International Energy Corporation
Suite 800, 717-7th Avenue S.W. Calgary AB, T2P 0Z3
Contact Number: (587) 353-3711