Mr. Len Clough reports

STANDARD TOLLING CLOSES SECOND AND FINAL TRANCHE OF EQUITY OFFERING

Standard Tolling Corp. has closed the second and final tranche of the non-brokered private placement as announced March 11, 2015. The company issued 5,843,000 units at a price of 15 cents per unit in the second tranche for gross proceeds of $876,450. The company raised total gross proceeds of $1,827,450, which includes an overallotment of $327,450, from the issuance of a total of 12,182,999 units in this private placement.

Leonard Clough, chief executive officer of the company stated: "This equity raise will allow us to accelerate our capex optimization plan originally scheduled for later this year. Most notably, we have initiated a plan to fund a substation power upgrade and national grid access which will provide meaningful energy savings of approximately 75 per cent per annum. The plant expansion is being managed internally by a management team that has overseen several construction projects, including the expansion of the Don Mario gold plant in Bolivia, from 600 tonnes per day to 3,000 tonnes per day. Our construction initiatives are being mindful of our future plans to expand beyond the initial 100-tonne-per-day capacity target, allowing for a less costly and more rapid expansion to our capacity goal of 350 tonnes per day. Lastly, this additional equity will allow us to maintain our commitment to a strong balance sheet."

Each unit comprises one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at a purchase price of 25 cents per share for a period of two years.

The company paid total finders' fees of $142,116 and issued 947,439 non-transferable finders' warrants, on the same terms as the warrants in relation to this equity offering.

All securities issued in connection with the first tranche of the equity offering are subject to a hold period in Canada expiring on July 26, 2015, and all securities issued in connection with the second tranche of the equity offering are subject to a hold period in Canada expiring on Aug. 1, 2015.

The net proceeds of the equity offering will be used to finance upgrades and operations of the company's toll milling plant in Peru, and for general working capital purposes.

We seek Safe Harbor.