Author Archives

  • Kyrgyz Government Moves to Revoke Stans Licences

    Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) announced today that the Government of the Kyrgyz Republic has notified the company that it is moving to revoke its mining licenses for the Kutessay II and Kalesay properties. “The lack of due process by the Kyrgyz Government is poisoning the business environment in […]

  • Stans Energy Obtains Extension of Ontario Court Injunction Against Kyrgyz Republic and Kyrgyzaltyn JSC

    Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) announced today that it has obtained an extension from the Ontario Superior Court of Justice (“Court”) of the previously announced injunction (the “Order”) which, among other things, prohibits the Kyrgyz Republic and Kyrgyzaltyn JSC (“KJSC”) from selling, disposing, exchanging, assigning, transferring, pledging or encumbering […]

  • Stans Energy Corp Obtains Ontario Court Injunction Against Kyrgyz Republic and Kyrgyzaltyn JSC

    Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) announced today that it has obtained an injunction (the “Order”) from the Ontario Superior Court of Justice which, among other things, prohibits the Kyrgyz Republic and Kyrgyzaltyn JSC (“KJSC”) from selling, disposing, exchanging, assigning, transferring, pledging or encumbering 47,000,000 shares (the “Shares”) in the […]

  • Krygyz Government Fails To Block Stans Damage Award in Russian Court

    Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), reports that the Kyrgyz Republic filed a motion to the Moscow Arbitration Court (the “Court”) to block the Company’s recent judgment. The Kyrgyz Republic filed a motion to the Court to have the Judgment of the Arbitration Court at the Moscow Chamber of Commerce […]

  • Stans Energy Annouces AGSM Results

    Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), reports on the following results from its Annual and General Special Meeting: Election of Directors: The Nominees listed in the management proxy circular for the 2014 AGSM were elected as directors of Stans Energy Corp.  Detailed Results of the votes by ballot for the […]

  • Stans Energy Legal Update

    Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), reports that  the Economic  Court of the Commonwealth of Independent States (the “Court”) has issued an advisory opinion on Section 11 of the Convention for the Protection of Investors’ Rights which questions the basis of one of the arguments under which Stans brought its […]

  • Stans Energy Responds To Kyrgyz Media Report

    Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), wishes to respond to comments issued in Kyrgyz media and attributed to government representatives of the Kyrgyz Republic. Recently, Head of the Department of Fuel and Energy Complex and Subsoil Use, Turatbek Dzhunushaliev issued comments to media in Kyrgyzstan relating to the Company’s licence […]

  • Stans Energy Approved As Participant in Skolkovo Government Grant Program

    Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) is pleased to announce that its’ recently incorporated subsidiary DIDIM Inc. (“DIDIM”), is an approved resident company of the Skolkovo Foundation.  Through the Skolkovo Foundation, Stans is now able to apply for government grants of up to 100 million RUB (approx. US$2.85 million) for […]

  • Stans Energy Corporate Update

    Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) announces that in light of recent developments within Kyrgyzstan it has commenced an operational review to streamline work functions in the Company’s local subsidiaries. As part of the streamlining process certain responsibilities within executive management at the Company’s subsidiaries will change.  Mr. Gennady Savchenko […]

  • Stans Energy Continues to Seek Enforcement of International Arbitration Ruling

    Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) has been informed that the Bishkek City Court (the “Court”) on July 30, 2014 has ruled in favour of the Kyrgyz General Prosecutor’s Office (“GPO”) with respect to its claim regarding Stans’ wholly owned Kutessay II Project. This administrative case was filed on March […]