Standard Graphite Corp : Standard Graphite Closes Non-Brokered Private Placement for $400,000

Vancouver, BC -- February 13, 2014 - Standard Graphite Corp. (TSXV: SGH) (the "Company"), further to its release of January 13, 2014 is pleased to announce it has closed its non-brokered private placement (the "Financing") for 8,000,000 units at a price of $0.05 per unit, ("Unit") for aggregate gross proceeds of CDN $400,000. Each Unit consists of one common share and one share purchase warrant (the "Warrant"), each whole Warrant exercisable by the holder to acquire one additional common share at a price of $0.10 for 12 months from Closing.

Finders' fees of 7% cash and 7% warrants ("Finders Warrant") were paid on a portion of the Financing, in accordance with the policies of the Exchange. Each Finders Warrant entitles the holder to purchase one common share (a "Finders Share") at a price of $0.10 per Finder Share for a period of 12 months from issuance and on the same terms as the Warrants for aggregate cash payments of $16,800 and 336,000 Finders Warrants.

The net proceeds from this private placement will be used for additional exploration the Company's Quebec and Ontario properties. The proposed financing is subject to the approval of the TSX Venture Exchange (the "Exchange"). Finders' fees in cash or warrants will be payable in accordance with the policies of the Exchange.

About Standard Graphite

Standard Graphite Corp is focused exclusively on the exploration and development of a large portfolio of flake graphite properties in Canada. The company is rapidly positioning itself as North America's premier pure-play graphite exploration through the development of the historic Mousseau East Graphite project and the exploration of 13 highly prospective graphite properties within known graphite districts in both Quebec and Ontario.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold.

ON BEHALF OF THE BOARD

"Chris Bogart"
President & CEO

For further information, contact:
Corporate Information
Standard Graphite Corp.
Chris Bogart
President & CEO
Tel: [phone] Fax: [phone]
[e-mail]
www.standardgraphite.com

Cautionary Statement:

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. The foregoing information may contain forward-looking statements relating to the future performance of Standard Graphite Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Standard Graphite Corp.'s filings with the appropriate securities commissions.