CDN

CANADREAM CORPORATION (TSX VENTURE:CDN) ("CanaDream" or "the Company") announces
today that it will purchase at market price up to 936,433 common shares being
approximately 5% of the issued and outstanding common shares, by way of a normal
course issuer bid through the facilities of the TSX Venture Exchange. The bid is
subject to regulatory approval, will commence November 2, 2013 and will stay
open for 12 months. CanaDream has engaged AltaCorp Capital Inc. ("AltaCorp") to
act on the Company's behalf to make purchases pursuant to the NCIB.


In connection with the NCIB, CanDream has entered into an automatic share
repurchase plan (the "Plan") with AltaCorp in order to facilitate purchases of
Common Shares. Under the Plan, AltaCorp may purchase Common Shares on
CanaDream's behalf under the NCIB at times when CanaDream would ordinarily not
be permitted to purchase shares due to self-imposed blackout periods or
otherwise. Purchases will be made by AltaCorp based upon the parameters
prescribed by the Exchange, applicable laws and the terms and conditions of the
Plan, until such time as the Plan is terminated at the option of CanaDream. 


The reason for the bid is that, in the opinion of the board of directors, the
value of CanaDream Corporation, based on anticipated cash flows and underlying
asset values, is greater than the present aggregate market price of the common
shares and accordingly, the acquisition of common shares under the bid
represents a worthwhile investment and appropriate use of funds.


Neither TSX Venture Exchange nor its Regulation Services Provider (as the term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CanaDream Corporation
Brian Gronberg
President
(403) 291-1000

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