CaiTerra International Energy Corporation Announces Grant of Stock Options

CaiTerra International Energy Corporation (TSX VENTURE:CTI) (the "Company"),
announces that on July 18, 2014 and subject to TSX-Venture Exchange approval,
the board of directors has granted an additional 4,050,000 stock options to its
directors, officers, employees and consultants for the purchase of up to
4,050,000 common shares of the Company pursuant to its stock option plan. Each
stock option is exercisable for a period of 5 years at a price of $0.20 per
common share. The options, will vest over three years with the option holders in
accordance with TSX-Venture Exchange policies.


ON BEHALF OF THE BOARD 

Craig Robson, Director 

Cautionary Statements

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. The TSX Venture
Exchange Inc. has in no way passed on the merits of the proposed Transaction and
has neither approved nor disapproved the contents of this press release.


A Note regarding Forward Looking Information

This press release contains forward-looking statements and forward-looking
information within the meaning of applicable securities laws. The use of any of
the words "will", "expects", "believe", "plans", "potential" and similar
expressions are intended to identify forward-looking statements or information.
The Company cautions that there are no assurances or guarantees that the
transaction will be completed as proposed or at all. 


Although the Company believes that the expectations and assumptions on which
such forward looking statements and information are based are reasonable, undue
reliance should not be placed on the forward-looking statements and information
because the Company can give no assurance that they will prove to be correct. 


Since forward-looking statements and information address future events and
conditions, by their very nature they involve inherent risks and uncertainties.
Actual results could differ materially from those currently anticipated due to a
number of factors and risks. These include, but are not limited to, the risks of
failure to obtain the necessary regulatory approval, stock exchange and other
regulatory approvals. Management has included the above summary of assumptions
and risks related to forward looking information provided in this press release
in order to provide security holders with a more complete perspective on the
Company's future operations and such information may not be appropriate for
other purposes.


The forward-looking statements and information contained in this press release
are made as of the date hereof and the Company undertakes no obligation to
update publicly or revise any forward-looking statements or information, whether
as a result of new information, future events or otherwise, unless so required
by applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CaiTerra International Energy Corporation
Craig Robson
Director
778.329.9629
[e-mail]