Toronto, Ontario (FSCwire) - Stans Energy Corp. ("Stans" or the "Company") announces that the Ontario Superior Court of Justice has ruled that Centerra Gold (TSX: CG) shares (the “Shares”) are the property of Kyrgyzaltyn JSC (“Kyrgyzaltyn”) not the Kyrgyz Republic. At issue was whether the Kyrgyz Republic (the “Republic”) is in fact the beneficial owner of the Shares through Kyrgyzaltyn, the mining company 100% owned by [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQB: HREEF), (“Stans” or the “Company”), reports that Kamal Oil LLP (“Kamal Oil) failed to pay the US$ 10 million dollars as required by the State Agency for Geology and Mineral Resources of the Kyrgyz Republic (“SAGMR”). SAGMR cancelled the result of the tender for the subsoil licenses for Kutessay II rare earth [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQB: HREEF), (“Stans” or the “Company”), is pleased to report that the Ontario Court of Justice (the “Court”) will hear arguments on June 28 and 29, 2016 regarding the beneficial ownership of Centerra Gold (TSX: CG) shares (the “Shares”) owned by Kyrgyzaltyn JSC (“Kyrgyzaltyn”). At issue will be [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQB: HREEF), (“Stans” or the “Company”), reports that the UNCITRAL Tribunal has issued a timetable for bifurcation of the jurisdiction in the arbitration case brought by Stans and Kutisay Mining LLC (“Kutisay Mining” or the “Claimant”) against the Kyrgyz Republic (the “Republic” or the [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQB: HREEF), (“Stans” or the “Company”), reports that the UNCITRAL Tribunal issued its decision on the Kyrgyz Republic’s (the “Republic”) request for bifurcation of the jurisdiction and merits aspects of the arbitration proceedings brought by Stans and Kutisay Mining LLC (“Kutisay Mining”) against the [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), reports that as on January 29, 2016, the Company filed a statement of claim (the “Statement of Claim”) in PCA Case No.2015-32 (the “UNCITRAL Arbitration”) against the Kyrgyz Republic (the “Republic”) for damages arising from the Republic’s wrongful conduct toward the Company’s investments in Kyrgyzstan that culminated [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), reports that the Supreme Court of the Russian Federation has declined to hear the Company’s appeal regarding the annulment of the Ruling of the Moscow City Arbitrazh Court dated May 25, 2015 and the Decision of the Moscow Regional Arbitrazh Court dated July 27, 2015. These rulings set aside the award of the [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQB: HREEF), (“Stans” or the “Company”) is pleased to announce that Olga Stevens, has been appointed Chief Financial Officer of the Company. Ms. Stevens is Certified Public Accountant with over 15 years of progressive experience in the mining industry, having started her career at E&Y managing audits of public companies. Prior to joining Stans, Olga spent a [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) is pleased to announce that its Russian subsidiary Didym Inc. (“Didym””), a Skolkovo Foundation resident company, has been formally approved to apply for a grant from the Skolkovo Foundation. Through the Skolkovo Foundation, Didym, is now able to apply for government grants of up to 100 million RUB (~US$1.44 million [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), is pleased to provide an update on its ongoing pursuit of damages in connection with the wrongful deprivation of certain mining rights by the Kyrgyz Republic in breach of the Republic’s international obligations. As Rodney Irwin, President and CEO of Stans explains: “Our attorneys [...]
Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), announces that Stans and Kutisay Mining LLC have filed a Cassation Appeal against the Kyrgyz Republic with the Chamber for Commercial Disputes of the Supreme Court of the Russian Federation. The Company is seeking to set aside the Decision of the Moscow Regional Arbitrazh Court dated July 27 [...]
Toronto, Ontario (FSCwire) - 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 2015 AGSM were elected as directors of Stans Energy Corp. Detailed Results of the votes by ballot for the election of directors held [...]