20
Dec

Stans Energy Corp. Reports on Round Table Rare Earth Meeting at the Canadian Embassy in Moscow

Symbol – TSX-V: RUU
December 20, 2010

In November, 2010, Stans Energy Corp (TSX-V: RUU) (‘Stans’ or the ‘Company’), in cooperation with the Canadian Embassy in Russia, organized a round table discussion to start a trilateral business initiative between Russia, Kyrgyzstan, and Canada to create a new rare earth products supply chain. There were 19 individual invitees representing the Russian Subsoil Agency, its Licensing Department, The Russian Academy of Sciences, Ministry of Natural Resources of the Russian Federation, The All-Russian Research Institute of Chemical Technology (VNIIHT), Macleod Dixon law firm, The Embassy of the Kyrgyz Republic, Stifel Nicolaus Weisel, Cisco Systems, International Trade Canada and Stans Energy Corp.

The meeting outlined the tasks that need to be accomplished to achieve the goal of securing a rare earth supply to the participating countries and to the world experiencing a supply shortage. We would like to acknowledge constructive input provide by Vice-President of Russian Academy of Science, Academician Nikolai Laverov, who was in charge of the Soviet Union Rare-Earth production program.

Pursuant to Stans’ press release on September 13, 2010, Stans and its Russian partners are completing their survey of the Rare Earth potential of Russia, and will continue further due diligence on selected heavy rare earth properties for joint acquisition.

For additional information, please contact:

Robert Mackay
President and CEO, Stans Energy Corp.
Ph. 647 426 1865
Email: robert@stansenergy.com

David Vinokurov
Manager Investor Relations, Stans Energy Corp
Ph. 647 426 1865
Email: david@stansenergy.com

About Stans Energy
Stans Energy Corp. is a resource development company focused on progressing Heavy Rare Earth (HRE) properties in areas of the Former Soviet Union. In December 2009, Stans acquired a 20‐year mining license for the past‐producing Kutessay II rare earth mine from the Kyrgyz Republic. On May 26, 2011 Stans completed the purchase of the Kashka Rare Earth Processing Plant (KRP) the same plant that previously refined REEs historically from Kutessay II. The KRP was the only hard rock plant to produce all rare earth elements outside of China, producing 120 different metals, alloys, and oxides. For over 30 years, Kutessay II produced 80% of the rare earth metals for the former Soviet Union.

You must be logged in to post a comment.