Ct Developers Announces Option Grant

CT DEVELOPERS LTD.

Unit 1, 1764 Rathburn Road East

Mississauga ON L4W 2N8

NEWS RELEASE

CT DEVELOPERS ANNOUNCES OPTION GRANT

October 24, 2017 – Vancouver, British Columbia (NEX: DEV.H). CT Developers Ltd., ("CT" or

the "Company"), a capital pool company, announces that it has issued stoc k options to purchase

up to 480,000 common shares o f the Company to its directo rs at an exercise price of $0.06 per

share for a period of five years.

The Company continues to search for appropriate QT opportunities in a variety of industries.

For further information please contact:

Norman Eyolfson

President & Chief Executive Officer

Phone: (416) 884-8601

Statements in this press release regarding CT 's business which are not historical facts are "forward -looking statements" that

involve risks and uncertainties, such as terms and completion of the proposed t ransaction. Since forward -looking statements

address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each

case could differ materially from those currently anticipated in such statements.

NEITHER THE EXCHANGE NOR ITS REGULATION S ERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE

POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY

OF THIS RELEASE.