CT Developers Ltd. Announces Private Placement

April 12, 2012 TSX-V: DEV.P

Toronto, Ontario – CT Developers Ltd. (“CT” or the “Company”) is pleased to announce a nonbrokered private placement of up to 1,250,000 shares at a price of $0.20 per share, for aggregate gross proceeds of up to CDN$250,000. The gross proceed will be added to the Company’s capital resources and will be used to source, investigate and complete a qualifying transaction. Finder’s fee may be paid at the rates allowed by regulatory policies.

This private placement remains subject to regulatory approval.

For further information, please contact Norman Eyolfson, President & CEO at:

Telephone: (416) 604-7620

Neither the 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.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.