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Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company is transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Its subsidiaries include SevAmRus CJSC, Kutisay Mining LLC and Kashka REE Plant Ltd.


TSXV:HRE.H - Post by User

Bullboard Posts
Post by opencurtainon Jul 31, 2014 6:10am
283 Views
Post# 22797177

Centerra still negotiating

Centerra still negotiating They must be negotiating on two fronts now with both Stans and centerra....

Kylychbek Shakirov: Negotiations on the "Kumtor" lost momentum

The Board of Directors of Centerra Gold Inc. does not permit management to come to Kyrgyzstan for talks on "Kumtor". About it, "WB" said deputy chairman of "KyrgyzAltyn" Kylychbek Shakira.

"After the criminal case against the former head of" Kyrgyzaltyn "Dilger Zhaparova board of management has forbidden to come to Kyrgyzstan for talks on" Kumtor. "We tell them that there is no reason for concern. But the board did not change its decision," - said Shakira.

Deputy Chairman said that the negotiations with the Canadian company Centerra Gold Inc. on "Kumtor" not deadlocked, but lost momentum.

"Negotiations are conducted remotely. Our part, we have done everything to create a department to restructure the" Kumtor ", attracted people. We are currently working on options for agreement. Centerra in turn sent us a" road map "on what steps are needed to conclude a new agreement. now discussing terms of drawing up the agreement and determine the responsible parties. Also, there is a clear concept of the 14 documents that the parties should settle among themselves, "- said Shakira.

Note, previously the General Prosecutor's Office opened a criminal case against the former head of "Kyrgyzaltyn" Dilger Zhaparova. According to investigators, without the consent Zhaparov Board of Directors took the decision to withdraw dividends "Kumtor" of $ 200 million

However, a criminal case, according to the Prime Minister Djoomart Otorbaeva, bothered management and board of directors Centerra. They, according to Otorbaeva insist that the government of Kyrgyzstan to ensure their safety upon arrival in Kyrgyzstan for talks. General Prosecutor's Office agreed not to impose a restriction on the movement of Centerra Gold Inc. on the territory of Kyrgyzstan.


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