Mr. Len Clough reports

STANDARD TOLLING CONSOLIDATION APPROVED

On Nov. 20, 2014, Standard Tolling Corp.'s shareholders approved the consolidation of the company's shares on a one-new-for-three-old basis, and on Nov. 21, 2014, the TSX Venture Exchange accepted the consolidation and will issue its bulletin at the end of trading on Nov. 24, 2014. The company's stock will remain halted until the TSX-V requirements to allow trading to resume are met.

As announced on Sept. 24, 2014, and Oct. 20, 2014, the company is acquiring a 150-ton-per-day CIL gold-processing plant located in the department of La Libertad, near the city of Huamachuco in northern Peru. Permitting for the plant is in hand, and it is expected that ore processing can commence as early as March, 2015. The company is in the process of submitting the final documentation to seek conditional approval from the TSX-V.

As announced on Nov. 20, 2014, the company intends to increase its planned private placement announced on Sept. 24, 2014, and Oct. 20, 2014, from $1.5-million to up to $2.6-million by way of a non-brokered private placement through the issuance of up to 26 million units at a price of 10 cents per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the company at a price of 15 cents for a period of five years from closing of the private placement. In the event that the volume-weighted average trading price of the common shares of the company trades at or above 30 cents per share for 15 consecutive trading days in the period commencing four months after the closing date, the company will have the right to accelerate the expiry date of the warrants to the date which is 30 days after notice is given to the holders of the warrants of the accelerated expiry date. The private placement is subject to compliance with applicable securities laws and to receipt of regulatory approval. The company's completion of the private placement is conditional on the company completing the acquisition of the plant and subject to the TSX-V approving all elements of these transactions on terms acceptable to the parties, satisfactory results of due diligence and settlement of definitive documentation.

We seek Safe Harbor.