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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 Oct 27, 2014 8:49am
213 Views
Post# 23063368

The Arbitration vice grip has started to squeeze

The Arbitration vice grip has started to squeezeThe vice grip is begining to squeeze on their nuts.

Bailiffs begin seizure of property in the case of a hotel "Ak-Keme"

According to Olga Lavrova, if the property is seized, it will dispose of the State Property Fund.

Bailiffs start to seizure of property by legal action relating to the hotel "Ak-Keme". This was announced today, October 27, reported the online edition Tazabek citing Finance Minister Olga Lavrov .

"Arrest, with one of the accounts of the money withdrawn. On machines also arrested. Now they (the officers. - vb.kg ) proceed to the seizure of the property. But the 3 October, we sued another lawsuit about to change the way treatment foreclosure on the property. That is, the process goes. Translate the seized property to the balance of the Ministry of Finance, we can not, but if it is seized, it will dispose of the State Property Fund. As will further develop the procedure, I can not say right now, "- the words of resource transfers Lavrov.

"WB" reminds the basis for the trial of the former owners of the hotel around "Pinara Bishkek" (now "Ak-Keme") - Turkish company Sistem Muhendislik Insaat Sanayi ve Ticaret AS was laid in 1992.Then Turkey has provided a loan to Kyrgyzstan, in which the parties entered into a contract for the construction of the hotel and the creation of a joint stock company. Construction took over the Turkish side, and the customer made a Kyrgyz businessman Ruslan Sarymsakov.

In 1999, the court declared bankrupt hotel and facility management undertook Sistem Muhendislik Insaat Sanayi ve Ticaret AS, however, after the 2005 revolution, the hotel has changed hands Sarymsakov, and after four years, in 2009, the Turkish side asked the court to Geneva demanding the return of the object.

International court demands of the Turkish side as lawful and ordered to pay the plaintiff Kyrgyzstan $ 11.4 million. This sum in the country was not, and Turkish businessmen have filed another lawsuit - this time in the Ontario Court (Canada) - urging action to arrest Kyrgyzstan in Centerra Gold Inc.Arrest of securities occurred in the past year. Thaw dividends from their shares of "Kyrgyzaltyn" succeeded only in September this year.


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