Standard Tolling Grants Stock Options
White Rock, British Columbia (FSCwire) - Standard Tolling Corp. (TSX-V: TON, Frankfurt: GA0, “Standard Tolling” or the “Company”) reports that on May 12, 2015, the Directors have granted incentive stock options to directors, officers, and consultants on 1,750,000 common shares, exercisable for up to five years at a price of $0.145 per share, being the last closing price of the Company’s shares prior to the date of grant. The options granted will vest immediately and will be subject to any applicable regulatory hold periods.
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 at the rate of 100 TPD by late June 2015.
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 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.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/standardtolling05122015.pdf
Source: Standard Tolling Corp. (TSX Venture:TON, FWB:GA0) http://www.standardtolling.com/s/Home.asp
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