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File: October 17 - News release - Chlormet cancels financing.docx


CHLORMET TECHNOLOGIES INC.
Suite 350 - 409 Granville Street
Vancouver, BC, V6C 1T2
Telephone: (604) 678-2531


NEWS RELEASE       Trading Symbol CSE: PUF
Chlormet Cancels Financing
October 17, 2014 - Chlormet Technologies Inc. (CSE: PUF, the "Company") announces that it has cancelled the private pl
--->acement previously announced on October 1, 2014. 

The Company believes that it currently has sufficient funds to accomplish its short term goals and as a result will co
--->nsider a financing at a later date.


About Chlormet Technologies

Chlormet Technologies Inc. is moving into the Medical Marijuana sector by purchasing a 100% interest in AAA Heidelberg
--->, a private Ontario company that is in the process of applying for a MMPR license.  Although the Company cannot guaran
--->tee nor estimate the timing for the issuance of a license to AAA Heidelberg, it is Chlormet's goal is to become the ne
--->xt publicly traded Canadian company to be granted a new medical marijuana production license.

With the signing of an LOI with Babcock Bench Farms (see news release dated June 19, 2014) Chlormet intends to become 
--->involved in the legal marijuana industry in Washington State by providing building, equipment and expertise to license
--->d growers. 

ON BEHALF OF THE BOARD OF DIRECTORS 
"Yari Nieken"
Interim President and CEO

No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or accur
--->acy of this release.
Some of the statements contained in this release are forward-looking statements, such as estimates and statements that
---> describe the Issuer's future plans, objectives or goals, including words to the effect that the Issuer or management 
--->expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, 
--->by their very nature, they involve inherent risks and uncertainties.