REVISION: A Constructive First Meeting Between GSLR and Canada Carbon

MISSISSAUGA, Ontario, Aug. 06, 2021 (GLOBE NEWSWIRE) — Canada Carbon Inc. (“the Company” or “Canada Carbon” or “CCB”) (TSX-V:CCB), (FF:U7N1), wishes to revise the first sentence of its press release of August 3, 2021, in which it stated that CCB and GSLR were pleased to announce that they held a meeting on July 27, 2021 to begin a meaningful dialogue.

The sentence should have read, “Canada Carbon is pleased to announce that it had a meeting on July 27, 2021 with GSLR to begin a meaning dialogue.”

The remainder of the August 3, 2021 press release is unchanged.

For further information:

Olga Nikitovic

Valerie Pomerleau

Interim CEO

Director Public Affairs and Communications

Canada Carbon Inc.

Canada Carbon Inc.

info@canadacarbon.com

valerie@ryanap.com

(819) 856-5678

“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).

Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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