VANCOUVER, BRITISH COLUMBIA–(Marketwire – April 10, 2012) – Standard Graphite Corp. (TSX VENTURE:SGH) (the “Company”) is pleased to announce the appointment of Benoît Gascon as its new Senior Vice-President, Business Development, effective April 10, 2012. Mr. Gascon is a highly experienced graphite executive and will play a key role in ensuring Standard Graphite achieves its strategic growth initiatives.

Mr. Gascon has over 20 years experience in the graphite industry. He was President of Stratmin Graphite, which owned one of North America’s only producing graphite mines, “Lac des Iles”. Mr. Gascon was responsible for negotiating the complete take-over of Stratmin Graphite by Imerys SA, a world leader in Industrial Minerals (annual sales of ~ C$4.9 billion and 15,000 employees) to form Timcal Graphite & Carbon, a world leader in its industry with 500 employees on 14 sites in 9 countries).

Mr. Gascon remained at Timcal in senior executive roles such as: Senior VP Business Development and Strategy, Senior VP Sales & Corporate Development & Senior VP Sales, and Deputy General Manager. Mr. Gascon’s various roles enabled him to utilize his expertise in many facets within the organization such as:

• Developed a sales strategy by expanding applications to each client and expanding geographically the client base from USA to Europe, Japan, and further afield. He assisted in the growth of the company from one plant to seven plants worldwide.
• Supervised nine industrial and commercial sites including corporate monitoring of eight legal entities, located in seven countries, in order to ensure the compliance to the laws, regulations, and procedures.
• Restructured the division’s commercial structure & implemented a worldwide network aimed at ensuring a direct and continuous contact with the graphite customers.
• Managed the group’s Canadian operations leading to the first operating profits and implemented an adapted sales structure.

“We are pleased to have someone of Benoît’s calibre join our management team,” said Chris Bogart, President and Chief Executive Officer. “As a highly regarded industry professional with extensive experience from operations to sales and marketing, Benoît’s in-depth knowledge and key industry relationships will ensure our ability to execute our long term goals.”

Mr. Gascon holds a Bachelor’s Degree in Business Administration from the École des Hautes Études Commerciales, as well as Chartered Accountant (CA) and Certified Management Accountant (CMA) designations.

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 company and it controls 100% interest in 13 highly prospective graphite properties within known graphite districts in both Quebec and Ontario. An aggressive 2012 exploration strategy has commenced and will be implemented by a geologic team with the pedigree of a previous world-class graphite discovery.

ON BEHALF OF THE BOARD

Chris Bogart, President & CEO

Cautionary Statement:

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.