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Bitumen Capital Awards Stock Options

Share Capital & Compensation

MONTREAL, Oct. 10, 2015 /CNW Telbec/ - Bitumen Capital Inc. (TSXV: BTM.H) (the "Company") announces that it has granted an aggregate of 265,000 stock options to directors and officers of the Company which have a term of 5 years and are exercisable at CDN$0.10 per common share. These Options have been reserved for issuance pursuant to the Company's 2006 Stock Option Plan

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.

SOURCE Bitumen Capital Inc.

%SEDAR: 00024598E

For further information: Mr. Richard Groome, President and Chief Executive Officer, Bitumen Capital Inc., (514) 402 4405 , [email protected]

CO: Bitumen Capital Inc.

CNW 11:16e 10-OCT-15