Received by email:

File: Caiterra News Release announcing extension of options.docx

/
Calgary, October 20, 2014
CAITERRA INTERNATIONAL ENERGY CORPORATION ANNOUNCES EXTENSION OF CERTAIN STOCK OPTIONS
CaiTerra International Energy Corporation (TSXV: CTI) ("Caiterra" or the "Company"), announces that, subject to regula
--->tory approvals, on July 29, 2014, the Company extended the expiry date of an aggregate of 3,650,000 stock options that
---> were previously granted to directors and officers of the Company from their original expiry date of October 23, 2014 
--->to October 23, 2016.  
For more information, please contact:
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
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.