NICU.V · 2021-01-13

CT Developers Ltd. Announces Private Placement Closing _______________________________________________________ January 13, 2021 – Vancouver, British Columbia (NEX: DEV.H)

Financings

1764 Rathburn Road East, Unit1 Mississauga, Ontario, L4W 2N8

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NEWS RELEASE

CT Developers Ltd. announces that it has closed working capital private placements with eligible investors aggregating $225,000 which resulted in the issuance of 2,080,000 common shares. Of this number, 2,000,000 shares were issued at a price of $0.10 and 80,000 shares were issued at a price of $0.25 per share.

Finder’s fees of $11,970 were paid to an eligible party.

The Shares will be subject to a statutory hold period expiring on May 12, 2021.

For further information please contact:

Norman Eyolfson,

President & Chief Executive Officer

Phone: (416) 884-8601

NEITHER THE 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.

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