Natcore Technology Closes Final Tranche Of Private Placement

Red Bank, NJ — (April 29, 2015) — Natcore Technology Inc. (TSX-V: NXT; NTCXF.PK) is pleased to announce it has completed the second and final tranche of its proposed non-brokered private placement, as announced on April 11, 2015. Gross proceeds of CDN$277,900 were raised through the sale of 397,000 units at a price of CDN$0.70 per unit.

An aggregate of 1,597,050 units were sold in both tranches of the private placement for aggregate gross proceeds of CDN$1,117,935. Each unit comprised one common share and one share purchase warrant. Each warrant entitles the holder to purchase of a further common share at CDN$0.95 for a period of three years.

Aggregate finders fees of CDN$23,471 in cash and 33,530 warrants, having the same terms as the warrants issued in the private placement, were also paid.

All securities issued in the final tranche are subject to a hold period in Canada expiring on August 28, 2015. Additional restrictions may apply pursuant to Rule 144 of the Securities Act of 1933, as amended, to U.S. investors. Proceeds of the placement will be applied to further development of the company’s technologies and general working capital.

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Neither 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.

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