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Standard Tolling Closes Tranche #4 Ore Purchase Financing

WHITE ROCK, BC / ACCESSWIRE / June 18, 2015 / Standard Tolling Corp. (TON.V) (Frankfurt:GA0) ("Standard Tolling" or the "Company") announces it has closed the fourth tranche of a non-brokered private placement of units to raise gross proceeds of US$50,000 ("Debt Offering"). The total Debt Offering is US$2,250,000, the Company has now closed on US$1,616,000, and the Company will attempt to close on the balance of US$634,000.

Debt Offering

On June 18, 2015, the Company issued 50 Notes (described below) and 25,000 Debt Warrants (described below) to raise gross proceeds of US$50,000. 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 from the date of issue at a price of CAD$0.25 per Debt Warrant Share. All securities issued in connection with the fourth tranche of the Debt Offering are subject to a hold period in Canada expiring on October 19, 2015.

A total of US$1,750,000 will be segregated from the net proceeds of the total Debt Offering when fully subscribed to be used to fund and maintain a minimum of two months inventory ore purchases for the toll milling plant, located in Huamachuco, Peru.

About Standard Tolling Corp.

Standard Tolling is currently constructing a 100 TPD custom gold processing plant in order to service the local mining communities of Northern Peru. The Company will purchase ore from government permitted small-scale miners and formal mining companies permitted under a Certificate of Mining. The Company will then process the ore and sell gold dore. The plant is located within a prolific gold belt with close proximity to Rio Alto's La Arena gold mine. The Company is well funded and is on track to commence operations by July 2015.

ON BEHALF OF THE BOARD

"Len Clough"
_______________________________________
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.

SOURCE: Standard Tolling Corp.