Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") is pleased to report that the company has entered into a binding memorandum of understanding (“BMOU”) which will allow Stans to acquire up to 100% of Pervomayskiy GOK LLC (PGOK), a Russian limited liability corporation, the owner of a lithium mineralization stockpile (the “Stockpile”) the Zabaikalsky Mill (the “Mill”) and [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") is pleased to announce that it has closed the first tranche of its non-brokered private placement (the “Placement”). As announced on July 28, 2017, the Placement comprised an offering for up to $120,000 consisting of up to 2,400,000 units at a price of $0.05 per Unit. Each Unit consisted of one common share in the capital [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") announces a proposed non-brokered private placement offering (the "Offering") of up to C$120,000 of common shares in the capital of Stans Energy Corp. (the "Common Shares") to be sold on a best efforts basis. The Proposed Offering of Common Shares The Offering is for up to $120,000 (the “Offering Amount&rdquo [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") is pleased to report that the company has entered into a memorandum of understanding (MOU) to partner with Atomredmetzoloto JSC (ARMZ). Together ARMZ and Stans (the “Parties”) will undertake a number of strategic initiatives in the specialty and energy metals industries. ARMZ Uranium Holding Co. (JSC Atomredmetzoloto or [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") is pleased to provide an update on ongoing corporate initiatives. PERVOMAYSKIY LITHIUM PROJECT Stans has previously entered into a Memorandum of Understanding (“MOU”) with Pervomayskiy GOK (“PGOK”) for the acquisition of the Pervomayskiy lithium mineralization stockpile and processing mill (together the “Project”). Stans [...]
Toronto, Ontario (FSCwire) - As Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") reported on March 16, 2017, the Kyrgyz Republic (the “Republic”) has applied to the High Court of Justice, Queen’s Bench Division of the Commercial Court, London, England (the “Court”) to set aside the jurisdictional ruling of the Tribunal in favour of Stans. A date for hearings before the Court has been set for July [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") is pleased to announce it has received from the Moscow office of Norton Rose Fulbright (“NRFM”) a preliminary Legal Due Diligence Report (“Report”) on assets of Stans’ partner LLC “Pervomayskiy GOK” (“PGOK”). The Report addresses several key issues, in particular: 1 [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") is pleased to announce that it has received a final timetable from the UNCITRAL Tribunal (the “Tribunal”) in its arbitration case against the Kyrgyz Republic (the “Republic”) As already confirmed by the Tribunal on February 22, 2017, a joint proposal for a procedural timetable that was agreed upon [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") announces that the Kyrgyz Republic (the “Republic”) has notified Stans that on February 22 it filed a claim with the High Court of Justice, Queen’s Bench Division, Commercial Court, London, England to set aside the jurisdictional award rendered by the UNCITRAL Tribunal (the “Tribunal”) in favor of Stans. This submission to [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") informs its shareholders of a recent favourable decision by the Ontario Superior Court of Justice (the “Court”) to recognize the UNICTRAL Arbitral Award (the “Award”) of Entes Industrial Plans Construction & Erection Contracting Co. Inc. (“Entes”) against the Republic of Kyrgyzstan (the [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") announces amended closing terms to its previously announced non-brokered private placement financing (See Press Release dated January 10, 2017). The Proposed Offering of Common Shares The private placement of $300,000 (the “Offering Amount”) consisting of up to 6,000,000 units at a price of $0.05 per Unit. Each [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") announces that a ruling has been handed down by the Arbitral Tribunal (“the Tribunal”) in the matter between Stans Energy Corp. and Kutisay Mining LLC (“Claimants”) and the Kyrgyz Republic (“Republic” or “Respondent”) or taken together (“the Parties”). The [...]