Stans Energy Corp (TSX-V: HRE, OTCQX: HREEF)(‘Stans’ or ‘The Company’) has granted on May 17, 2013, an aggregate of 300,000 incentive stock options to a company advisor and an employee. Each stock option entitles the holder to purchase one common share of The Company for $0.23 per share until May 2, 2018. All options granted and any common shares issued upon the exercise of the options will be subject to a statutory four-month hold period expiring September 17, 2013. The
Robert Mackay, President and CEO of Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans Energy” or the “Company”), will be taking advantage of the new Notice-and-Access rules to further its current cost cutting efforts by reducing printing and mailing charges. Notice-and-Access permits annual financial statements, management’s discussion and analysis and meeting circulars to be posted on public companies’ websites instead of being mailed to shareholders. In accordance with the rules, the Company will be filing a first time
Robert Mackay, President and CEO of Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans Energy” or the “Company”), reports that the Inter-district Court of Bishkek, at the request of the State Prosecutors office of the Kyrgyz Republic, has issued an injunction to suspend communications between Company’s subsidiary ‘Kutessai Mining LTD.’ and the State Geological Agency of the Kyrgyz Republic (SGA), until such time that an ongoing court case is resolved. Both parties had been named as defendants in a case
Robert Mackay, President and CEO of Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans Energy” or the “Company”), reports that the Kyrgyz State Prosecutor’s Office has initiated legal proceedings against the Kyrgyz State Geological and Mineral Resources Agency (SGA) in the Inter-District Court of the City of Bishkek. The State Prosecutor’s Office has put forward an application to lift the three-year statute of limitations to allow them to present to the court their claim of request to nullify the minutes of
Robert Mackay, President and CEO of Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans Energy” or the “Company”), is pleased to report that the legal representative of the Jogorku Kenesh of the Kyrgyz Republic has withdrawn their appeal relating to the action by a committee in the Jogorku Kenesh (the “Committee”) against the Company in the Inter-District Court of Bishkek. The withdrawal of the appeal effectively ends all legal controversy surrounding the licence for Kutessay II and upholds the original
Robert Mackay, President and CEO of Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), is pleased to report on the Company’s completed initiatives for 2012 and to outline the Company’s strategic objectives for 2013. 2012 Last year, Stans faced a shortened field season due to administrative delays within the Kyrgyz State Geological Agency. Engineering and geological programs could not commence until the unanimous approval of Licence Agreement #3 was granted on June 15, 2012. Subsequently, a 30-day work
Stans Energy Corp (TSX-V: HRE, OTCQX: HREEF) (‘Stans’ or ‘The Company’) is pleased to report that it has received the assays for its 2012 exploration drilling program at Kutessay II. On August 10, 2012, the Company commenced its 2012 drilling program. The goal of the drilling was to evaluate the vertical extension of the rare earth mineralization (to the +2213 m level, Adit No.27) revealed in 2011 drilling to the west and northwest of what was referred to during Soviet
Robert Mackay, President and CEO of Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), is pleased to report that the Company’s lawsuit against a committee in the Jogorku Kenesh (the “Committee”), of which Rep. N. Badykeeva is a member, has been resolved by the Inter-district Court of Bishkek in favor of the Company. The Inter-district Court has ruled that the Committee’s actions were illegal, and are counter to the Constitution of the Kyrgyz Republic. As a result, the
Robert Mackay, President and CEO of Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), is pleased to report that the Company’s Rare Earth (RE) technology partner, the Leading Russian Research Institute of Chemical Technology (VNIIHT), has successfully tested a contained, environmentally friendly process for extracting thorium, radium, and fluorine from Kutessay II RE concentrates. In addition to this achievement, VNIIHT’s new cracking method yielded a greater recovery of REs from historical concentrates - 95% at the impurity
Robert Mackay, President and CEO of Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), is pleased to report that the Company has resumed drilling its Kutessay-II Heavy Rare Earth Elements (HREEs) mine, as part of Stans Energy’s 2012 Exploration Campaign. Originally, a 10-hole, diamond drill program was planned for the 2012 exploration season, however, preliminary results from the first 9 holes, completed before the Company’s license was suspended in September, intersected new mineralization contained within the pit outline.
