Standard Graphite Corp. (TSX VENTURE:SGH) (the "Company") reported that it has entered into a consulting agreement to retain G2 Consultants Corp. of Vancouver, B.C., to provide financial public relations services. G2 Consultants will assist the Company in expanding its profile and conveying the Company's key messages to the investment community beyond the Company's existing investor base.

Under the terms of the agreement, the Company has retained G2 Consultants for a twelve-month period effective March 15, 2012 and expiring March 14, 2013, subject to a 30-day written termination notice. G2 Consultants will be paid up to $8,000 per month plus approved expenses for selected services and will be granted up to 300,000 stock options. An initial 150,000 stock options will be granted at an exercise price of $0.56 per share for a period of five years from today's date, subject to the terms and conditions of the Company's stock option plan. The options vest over a period of one year pursuant to TSX Venture Exchange policies.

G2 Consultants is a full-service consulting firm that assists public companies in achieving their marketplace objectives. G2 Consultants provides its clients with a comprehensive suite of services, including: strategic capital markets guidance, building market awareness, and corporate communications.

G2 Consultants Corporation and Strategic Graphite Corp. are at arm's length. The agreement is subject to TSX-V Exchange approval.

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.

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.

Contacts: Standard Graphite Corp. Chris Bogart President & CEO (604) 683-2509 (604) 683-2506 (FAX)info@standardgraphite.com www.standardgraphite.com G2 Consultants Corp. Investor Inquiries NA Toll-Free: (866) 742-9990 or (604) 742-9990