Canada Carbon Provides Update on Judicial Review Court Date

Canada Carbon (the “Company”) (CCB:TSX-V) (BRUZF:OTC) (U7N1:FF)

 announces that the attorneys of the Company appeared before the Superior Court yesterday to set the date of the hearing for the judicial review. Despite representations made by the Company's attorneys regarding the urgency of proceeding on this matter, the Court set the hearing of the judicial review for February 21st to 28th, 2020, in Sainte-Agathe-Des-Monts.

The Company will shortly be submitting an application to the Chief Justice of the Superior Court for the purpose of fixing the case by preference in order to obtain an earlier hearing date.

CANADA CARBON INC.

“R. Bruce Duncan”CEO and Director

Contact InformationE-mail inquiries: [e-mail]: [phone]F: [phone]

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FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions.  Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).