CaiTerra International Energy Corp. Announces Board of Directors and Management Changes and Additions

CaiTerra International Energy Corp. Announces Board of Directors and Management 
Changes and Additions 
NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: CaiTerra International Energy Corporation 
TSX VENTURE SYMBOL:  CTI 
JULY 11, 2014 
CaiTerra International Energy Corp. Announces Board of Directors and Management
Changes and Additions 
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 11, 2014) - CaiTerra
International Energy Corporation ("CaiTerra" or the
"Company") (TSX VENTURE:CTI) announces that changes and additions
have been made to its board of directors and management team as follows:  
The directors of CaiTerra are very pleased to announce that Mr. Songning Shen,
M.Sc., P.Geol, of Calgary, Alberta, has accepted invitations to join the board
of directors and assume the position of Chief Executive Officer of the Company. 
Mr. Shen brings years of successful experience in the petroleum industry having
first trained in China and later in Norway. His career and early acclaim
started in 1986 when working with Bohai Co., (a subsidiary of China National
Offshore Oil Corp.) he was credited with the discovery of the biggest offshore
China oil pool. Upon moving to Canada in 1998, Mr. Shen was employed by
Petro-Canada and Nexen, before becoming an oilsands exploration manager for
Connacher Oil and Gas Ltd. and oilsands consultant for Koch Exploration Canada
LP. Prior to accepting the directorship and CEO position at Caiterra, Mr. Shen
was co-founder, president and Co-Chairman of Sunshine Oilsands Ltd. in Calgary,
Alberta. 
In addition, Mr. Steve Deniels of Richmond, B.C. has also agreed to join the
Company as a director and a member of the Audit Committee. Mr. Deniels, who
holds a bachelor's degree in economics from Beijing University, brings
over 20 years of respected financial management and investment experience in
both private and publicly traded companies in China and abroad.  
Further, a Board of Advisors has been formed to assist the directors and
management team in developing and achieving corporate objectives. To this end,
Mr. Xiang Pu has volunteered to step down as a director in order to take up the
position of Chairman of the Board of Advisors. Management would like to
acknowledge and thank Mr. Pu for his insight and contributions to date and
looks forward to working with him and his advisory board team in the future.  
Subject to regulatory approval, the Board of Directors is now comprised of: Mr.
Songning Shen, CEO; Mr. Wei (David) Wu, Chairman of the Board; Mr. Yong Deng;
Mr. Lu Baojiang; Mr. William Grossholz, CFO, and Craig Robson.  
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. 
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. More particularly and
without limitation, this press release contains forward looking statements and
information concerning the plans and timing for the Company's drilling
program. 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
associated with the oil and gas industry in general such as operational risks
in development, exploration and production; delays or changes in plans with
respect to exploration or development projects or capital expenditures; the
uncertainty of reserve and resource estimates; the uncertainty of estimates and
projections relating to reserves, resources, production, costs and expenses;
health, safety and environmental risks; commodity price and exchange rate
fluctuations; marketing and transportation; loss of markets; environmental
risks; competition; incorrect assessment of the value of acquisitions; failure
to realize the anticipated benefits of acquisitions; ability to access
sufficient capital from internal and external sources; changes in legislation,
including but not limited to tax laws, royalties and environmental regulations,
actual production from the acquired assets may be greater or less than
estimates; failure to obtain the necessary regulatory approval, stock exchange
and other regulatory approvals on the timelines planned. 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. 
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FOR FURTHER INFORMATION PLEASE CONTACT: 
CaiTerra International Energy Corporation
Craig Robson
Director
(778) 329-9629 
INDUSTRY:  Manufacturing and Production - Mining and Metals 
SUBJECT:  PER 
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-0- Jul/11/2014 19:54 GMT
 
 
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