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Dear Friends and Shareholders,
Today we conducted a press conference for various local Kyrgyz media outlets. In attendance representing Stans Energy were:
Boris Aryev, Chief Operating Officer, Stans Energy Corp.
Gennady Savchenko, Director General, Stans Energy KG/Kutisay Mining
Viktor Kashtanov, Director General of Kashka Rare Earth Plant
Dr. Valery Kosynkin, Technical Advisor, Stans Energy Corp/VNIIHT
Dr. Marat Fazlullin, Technical Advisor, Stans Energy Corp/VNIIHT
Various other representatives consisting of our legal team, community outreach team and myself were in attendance as well.
With recent inaccurate media reports and portrayals emanating from the local sources, the goal of today's initiative was to dispel falsehoods regarding the status of our Licensing Agreement, our level of investment in the local community, and ultimately our plans moving forward for production.
The information provided by our executive team consisted of a corporate update on all of the above initiatives. The information provided to the media assembled has been well publicized in the past, is currently available in our corporate presentation listed on our website, and has been further discussed by Robert Mackay, CEO and President, at our recent AGM. The link to this presentation is below.
Management constantly strives to keep all stakeholders, both shareholders and the local population updated on all progress, both at Kutessay II and at the Kashka Rare Earth Plant. By ensuring maximum transparency with respect to regulatory requirements, Stans Energy is confident that together with the Kyrgyz authorities, the profitability and success of Kutessay II and the KRP will benefit both shareholders and local stakeholders.
Should you have further questions regarding the details of the press conference, please feel free to send them my way and I will get back to you within the next 24-48 hours.
All the best from Kyrgyzstan,
David Vinokurov
Manager of Investor Relations
Stans Energy Corp.
T: 647-426-1865
F: 647-426-1869
C: 416-716-9281
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