WHITE ROCK, British Columbia--(BUSINESS WIRE)--Standard Tolling Corp. (TSX-V: TON, Frankfurt: GA0, “Standard Tolling” or the “Company”) announces that the directors have today granted an incentive stock option to a director on 225,000 common shares, exercisable for up to five years at a price of $0.135 per share, which is a premium to the last closing price of the Company’s shares prior to the date of grant.
About Standard Tolling Corp.
Standard Tolling is preparing a comprehensive study to develop its first gold ore processing operation in Peru. The Company will look to purchase high-grade ore from small and artisanal miners who are legally compliant, and then process it for sale. The Company’s initial focus is Peru but looks to expand with additional facilities throughout Latin America in the future. In addition, the Company has a portfolio of highly prospective exploration properties including its flagship property called Rio Tabaconas located in Northern Peru.
ON BEHALF OF THE BOARD
Mr. Len Clough, Chairman, President, CEO and Director
For further information please contact:
Mr. Shawn Perger, Corporate Communications
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.