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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 Sep 23, 2014 6:14am
209 Views
Post# 22961223

More from Kryg V Pinara $6 million .

More from Kryg V Pinara $6 million .
From the Ministry of Finance required to return derived "Kyrgyzaltyn" $ 200 million
  23/09/14 16:05
  Nazgul Begalieva
Today, September 23, at a meeting of the Parliamentary Committee on Fuel and Energy Complex and Subsoil deputy from the "Ar-" Igor Gusarov criticized the Ministry of Finance for payment of $ 6 million from the state budget for compensation to the former owner of the hotel "Pinara."
 
"Such actions create a precedent. Observing this, many entrepreneurs also want to get money from the government. But the money could build schools and kindergartens. Besides entrepreneur, you are giving the money lost to the court," - said the deputy.
 
Finance Minister Olga Lavrov said that these funds were allocated "Kyrgyzaltyn" in the form of loans. "JSC" KyrgyzAltyn "the money needed to defrost arrested by the Ontario Court of dividends on our shares in Centerra Gold Inc.", - she said.
 
But deputy wondered and asked why you need to defrost the dividends from shares "Kyrgyzaltyn". "From the relocation of the sum is not changed. No need to defrost dividends. You another $ 200 million that" KyrgyzAltyn "translated Centerra, did not return," - Lavrov chided deputy.
 
The Minister stressed that the Ministry of Finance did not give permission to withdraw $ 200 million. "Dividends need to defrost, because we are out of the money funding the unprotected articles," - said the Minister.
 
Note that the annual budget of the state receives about $ 12 million in dividends from shares of Kyrgyzstan in Centerra.
 
Recall that in the last year of the dividend Kyrgyzstan from Centerra Gold was arrested Ontario court decision in favor of the Turkish company that won a lawsuit in the International Court of Arbitration of the Government of the Kyrgyz Republic in the case of the hotel "Pinara Bishkek." JSC "KyrgyzAltyn" has not received required $ 3 million dividend for the I quarter of 2013 from a Canadian gold mining company Centerra Gold Inc. Part of the funds, the amount of which was not disclosed, was arrested by the Supreme Court of Ontario (Canada) in favor of the Turkish company Sistem Muhendislik Insaat Sanayi ve Ticaret AS
Bullboard Posts