CaiTerra International Energy Corporation (TSX VENTURE:CTI) ("Caiterra" or the
"Company"), announces that, subject to regulatory approvals, the Company has
entered into an agreement on July 25, 2014 to acquire an undivided 100%
beneficial interest in and to a total of 135.68 square kilometers of oil and gas
leases located in northern and central Alberta. The agreement was reached
between the Company and BowRiver Development Canada Ltd. of Calgary, Alberta
("BowRiver"). Consideration for the purchase of the leases and lands described
below requires the payment to Bow River of 1,000,000 common shares of the
capital stock of Caiterra. 




----------------------------------------------------------------------------
Leases or                                                                   
 Licenses                         Lands and Rights        Area in Total (Ha)
----------------------------------------------------------------------------
5412090365     PNG 5-22-112 Section 30-31 5-23-112                          
               Sec: 1-4, 9-12, 14-15, 22-23, 25-27                 6,144(Ha)
----------------------------------------------------------------------------
5412090355    5-22-111 Sec: 11-16, 19-35, 5-22-112                          
                                          Sec: 2-6                 7,168(Ha)
----------------------------------------------------------------------------
0413090081                        4-27-039 Sec: 18                   256(Ha)
----------------------------------------------------------------------------
                    Total Area                      13,568 (Ha) = 135.68 km2
----------------------------------------------------------------------------



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
Mr. Songning Shen
CEO
403 875 2129
snshen@gmail.com
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