Canada Carbon Inc.
TSX VENTURE : CCB
OTC PINK : BRUZF
FRANKFURT : U7N1

Canada Carbon Inc.

October 30, 2014 09:30 ET

Canada Carbon Adds Dr. Roger Roberts, Former SVP and CTO at the Boeing Company and Vice Admiral Richard H. Truly, Former Director of NASA and NREL to the Company's Advisory Board

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 30, 2014) - Canada Carbon Inc. (the "Company") (TSX VENTURE:CCB)(OTC:BRUZF)(FRANKFURT:U7N1) a company that is positioning itself as a leader in providing very high purity graphite today announced the additions of Dr. Roger Roberts, former Senior Vice President ("SVP") and Chief Technology Officer ("CTO") at the Boeing Company and Vice Admiral Richard H. Truly, the former Director of National Aeronautics and Space Administration ("NASA") and the National Renewable Energy Laboratory ("NREL") to the company's Advisory Board. In this capacity, Dr. Roger Roberts and Vice Admiral Richard H. Truly will provide strategic counsel to the Company's leadership team with regard to various initiatives in support of the company's global growth strategy.

Dr. Roger Roberts Ph.D.

Dr. Roberts is the former SVP and CTO at the Boeing Company and was instrumental in growing the Space and Intelligence business to revenues of over US$5B per year. As Chief Executive Officer of Boeing Satellite Systems, he was responsible for the international satellite business and Spectrolab Scientific Inc., including multi-junction solar products at proven efficiencies in excess of 43%. He has developed an extensive global network of contacts within the aerospace and defense industries across the UK, EU and Canada. Dr. Roberts is recognized in the aerospace industries as a leading strategic thinker, especially as applied to the creation of new businesses and companies.

Following his career at Boeing, he founded RF Roberts Consulting and is currently the Chief Executive Officer. He served on a number of Boards including Sun Microsystems Government, Applied Signal, Ball Aerospace, KOR Electronics, and Sotera Defense. In 2010 Dr. Roberts co-founded Suntricity Corporation, a solar company developing a low cost, fully printable solar module product. He is currently the Chief Executive Officer of Suntricity Corporation.

Vice Admiral (ret) Richard H. Truly

Vice Admiral Truly began his 30-year career in the U.S. Navy. After distinguished service as a naval aviator, he became one of the first military astronauts and transferred to NASA. Among his accomplishments as an astronaut, Vice Admiral Truly piloted the Space Shuttle Columbia and was commander of the Space Shuttle Challenger for the first night launch and landing in the shuttle program. In 1983, he became the first commander of the Naval Space Command, the principal naval space operations element of the Department of Defense. Called back to NASA as Associate Administrator for Space Flight, he led the accident investigation and rebuilding of the space shuttle program following the Challenger accident. From 1989 to 1992, he served as NASA's eighth Administrator under President George H. W. Bush.

Following his career at NASA, he served as Vice President of the Georgia Institute of Technology, Director of the Georgia Tech Research Institute and Director of the Department of Energy's NREL. He was awarded the Presidential Citizen's Medal by President Ronald Reagan, is a member of the National Academy of Engineering, and is the recipient of five honorary Doctorates of Science and Engineering. Vice Admiral Truly currently serves on the Board of Directors of Tetra Tech, Suntricity Corporation, and Edenspace Systems Corporation and is a Trustee of Regis University and the Colorado School of Mines.

Executive Chairman and CEO Mr. R. Bruce Duncan stated, "We are very pleased to appoint Dr. Roger Roberts and Vice Admiral Richard H. Truly to Canada Carbon's Advisory Board. Their collective experience in aerospace, defense and clean energy will assist us in further defining markets for our high purity graphite."

In connection with today's appointments of Dr. Roger Roberts and Vice Admiral Richard H. Truly, each has been granted 250,000 stock options at an exercise price of $0.22 per share expiring five years from issuance, subject to the terms and conditions of the Company's fixed stock option plan.

CANADA CARBON INC.

R. Bruce Duncan, CEO and Director

Neither 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.

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).

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