TSX-V: RUU; OTCQX: HREEF April 7, 2011
Stans Energy Corp. (‘Stans’ or the ‘Company’) (TSX-V: RUU; OTCQX: HREEF) is pleased to announce its shares will begin trading on the OTCQX on Friday, April 8th, 2011. OTCQX securities are quoted on the OTC Link platform, the third largest U.S. equity trading venue, after the NASDAQ and NYSE. U.S. Investors will be able to find the Company’s current financial disclosures, news releases, and real-time level 2 quotes on www.OTCQX.com and www.OTCMarkets.com.
Robert Mackay, President and CEO of Stans Energy explained, “Over the last two quarters, interest from American investors in our Company has been rapidly increasing. OTCQX provides Stans with a cost-effective method of accessing US capital markets, while providing US investors with the accessibility, transparency and liquidity necessary for potential shareholders to feel comfortable when making an investment decision.”
About the OTCQX
The OTCQX is the most prestigious of the three OTC market tiers and is recognized as a quality-controlled marketplace for investor-friendly companies. The OTC market is the world’s largest electronic marketplace for broker-dealers to trade over 10,000 unlisted securities. In 2010, securities on the OTC platform traded over $144 billion in dollar volume.
Stans Energy Corp. has engaged the services of Merriman Capital, Inc., a wholly-owned subsidiary of Merriman Holdings, Inc. (NASDAQ: MERR), a financial services firm based in San Francisco focused on fast-growing companies and their institutional investors, to serve as the Company’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements. Merriman Capital is a member of FINRA and SIPC.
Stans Energy Corp.
Stans Energy Corp. is focused on developing properties containing Rare Earth Elements (REEs), and associated metals. The company continuously examines and evaluates new opportunities to acquire and develop proven resource properties in areas of the former Soviet Union. The headquarters of the company is located in Toronto, Ontario, Canada, and its wholly-owned subsidiary, Stans Energy KG, is located in Bishkek, Kyrgyzstan. Stans Energy Corp’s Chairman, Rodney Irwin, was the former ambassador to the Russian Federation for Canada, and currently serves as the Honorary Consul of the Kyrgyz Republic for Canada.
Existing investors please note that Stans Energy´s trading symbol has changed from STZYF to HREEF.
Please visit Stans Energy’s website – www.stansenergy.com for additional information, or contact:
President and CEO, Stans Energy Corp.
Ph. 647 426 1865
Manager Investor Relations, Stans Energy Corp
Ph. 647 426 1865
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 news release.