Standard Tolling Closes Tranche #1 Ore Purchase Financing and Tranche #1 Equity Offering

White Rock, British Columbia (FSCwire) - Standard Tolling Corp. (TSX-V: TON, Frankfurt: GA0, “Standard Tolling” or the “Company”) announces it has closed the first tranche of two non-brokered private placements of units to raise gross proceeds of US$1,004,000 (“Debt Offering”) and the first tranche units to raise gross proceeds of CAD$951,000 (“Equity Offering”).

Debt Offering

On March 25, 2015, the Company issued 1,004 Notes (described below) and 502,000 Debt Warrants (described below) to raise gross proceeds of US$1,004,000.  As disclosed on March 6, 2015, and as amended below, each unit (a “Debt Unit”) comprises one ore purchase note of the Company priced at US$1,000 (a “Note”) and 500 non-transferable share purchase warrants (a “Debt Warrant”).  The Notes shall bear interest at a rate of 10% per annum payable quarterly in arrears, and shall entitle the holders thereof to a further pro-rata payment representing an aggregate of 2% of net revenues from the Company’s toll processing facility in Peru upon the commencement of commercial production.   The Notes will mature three years from the date of issue. The Company may, twelve months after the date of issue of the Note,  have the right (upon 90 days prior written notice to the affected holder) to redeem Notes in part or in full at a price of US$1,100 per each redeemed Note plus payment of all accrued amounts due in respect of the redeemed Notes.  The holders of the Notes shall be granted certain security in respect of the Company’s ore purchases.  In addition, the purchasers of the Notes shall be granted pre-emptive rights during the time they hold the Notes to participate in any future debt securities of the Company where the principal purpose of the financing is the purchase of ore.   Each Debt Warrant will entitle the holder to acquire one additional common share in the capital of the Company (a "Debt Warrant Share") until the date which is three years following the Closing Date at a price of CAD$0.25 per Debt Warrant Share.   The Company paid US$96,295 and issued 116,125 Debt Warrants as finder’s fee in connection with the Debt Units issued.

The total Debt Offering is US$2,250,000 and the Company will attempt to close on the balance of US$1,246,000.

Equity Offering

On March 25, 2015, the Company issued 6,339,999 Equity Units (described below) to raise gross proceeds of CAD$951,000. As disclosed on March 11, 2015, each Equity Unit comprises one common share and one common share purchase warrant (an “Equity Warrant”).  Each Equity Warrant will entitle the holder the purchase one common share at a purchase price of CAD$0.25 for a period of two years following closing.  The Company paid CAD$72,000 and issued 479,999 non-transferable finder’s warrants, on the same terms as the Equity Warrants to finder’s in relation to this tranche one closing.

The total Equity Offering is CAD$1,500,000 and the Company will attempt to close on the balance of CAD$549,000.  The Company reserves the right to increase the size of the Equity Offering subject to regulatory approval.

All securities issued in connection with the first tranche of the Debt Offering and the Equity Offering are subject to a hold period in Canada expiring on July 26, 2015.

The net proceeds of the Debt Offering will be segregated and used to fund and maintain a minimum of two months inventory ore purchases and a US$250,000 installation of carbon stripping on the toll milling plant, located in Huamachuco, Peru. The net proceeds of the Equity Offering will be used to fund upgrades and operations of the toll milling plant and general working capital.

About Standard Tolling Corp.

Through its wholly owned subsidiary, Standard Tolling owns and is commissioning the 150 TPD custom tolling facility in Huamachuco which services the legal small mining communities of northern Peru.  Under the progressive new formalization mandate, the Peruvian government has enacted legislation to curtail illegal mining by requiring all toll processing operations to purchase only compliant ores.  This has created significant opportunity for well run, well funded operators to gain market share as older poorly capitalized players with poor technology are phased out.

ON BEHALF OF THE BOARD

“Len Clough”

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Mr. Len Clough, Chairman, President, CEO and Director

For further information please contact:

Tel: 866-222-5820 ext 101 for John Martin

Email: info@standardtolling.com

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 contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur and include, without limitation, statements regarding the Company’s plans with respect to statements about the Company’s ability to fund and execute the proven ore processing business model outlined in this news release.  Although Standard Tolling believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements.  Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

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