Canada Carbon, Inc.TSXV: CCB

United Bolero Development Corp. Announces The Grant Of Stock Options

· Issued by Canada Carbon, Inc.

VANCOUVER, Jan. 24 /CNW Telbec/ - United Bolero Development Corp. (TSX-V: UNB) (the "Company") announces that the board of directors of the Company has granted stock options to certain consultants of the Company to purchase up to a total of 300,000 common shares in the capital stock of the company, exercisable for a period of five years, at a price of 35 cents per share. Subsequent to this option grant, there will be 4,785,018 common shares reserved and available for issue under the stock option plan.

ABOUT UNITED BOLERO DEVELOPMENT CORP.

United Bolero Development Corp. is a junior natural resource company focused on the acquisition and exploration of precious and base metal properties in Canada and United States.

The TSX Venture Exchange has not received and does not accept

responsibility for the adequacy or accuracy of this release.