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Ct Developers Announces Termination of Qualifying Transaction

Mergers & Acquisitions

CT DEVELOPERS LTD.

115 Vine Avenue Toronto, Ontario M6P 1V9

NEWS RELEASE

CT DEVELOPERS ANNOUNCES TERMINATION OF QUALIFYING TRANSACTION

March 11, 2015 – Vancouver, British Columbia (TSX-V: DEV.P). CT Developers Ltd., ("CT" or the "Company"), a capital pool company, regretfully announces that it was unable to complete its previously announced qualifying transaction (“QT”) with Bee Vectoring Technology Inc. (“BVT”). The Company was unable to arrange appropriate financing and, despite TSXV conditional approval being granted, the transaction was unable to close. This proposed QT has been terminated.

In order to allow the continuation of BVT’s business pending the completion of the now terminated QT, CT made advances (the “Advances”) aggregating CDN$250,000 to BVT. The Advances were secured by non-interest bearing promissory notes and a general security agreement in favour of the Company over the assets and undertaking of BVT. The Company is seeking the return of the Advances.

The Company will use the recovered funds to explore new QT opportunities.

The Company continues to search for appropriate QT opportunities in a variety of industries. Although the Company has not traded since the announcement of the BVT transaction and its listing has since been transferred to the NEX board of the TSX Venture Exchange, the Company intends to explore the possibility of a trading reinstatement pending the announcement of a new QT.

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 transaction. 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 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.