VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 19, 2014) - Canada Carbon Inc. (the "Company") (TSX VENTURE:CCB)(FRANKFURT:U7N1) announces it has closed a non-brokered private placement (the "Private Placement") which raised gross proceeds of $560,000. Specifically, the Company issued 2,000,000 flow-through units ("Units") at a price of $0.28 per Unit to a sole subscriber. Each Unit is comprised of one common share in the capital stock of the Company, to be issued as a "Flow-Through Share", and one-half of one non-flow through common share purchase warrant ("Warrant"), with each whole Warrant being exercisable for the purchase of an additional non-flow-through common share, at a price of $0.40 per share, for an eighteen month period.

Finder's fees of $33,600 were paid in connection with the Private Placement to Secutor Capital Management Corporation. In accordance with applicable securities legislation, all securities issued in the Private Placement are subject to a statutory hold period of four months and one day.

The proceeds from the Private Placement will be used to advance the exploration of the Company's 100% owned Miller hydrothermal lump/vein graphite property.

CANADA CARBON INC.

R. Bruce Duncan

CEO and Director

(604) 638-0971
(604) 638-0973
info@canadacarbon.com