Stans Energy Files Additional Arbitration Claim Against KyrgSee below Stans Energy's NR May 15th. 2015 4:32pm. I noted with considerable interest the qualifying statements in the third paragraph. " “As part of our ongoing strategy to ensure collection of damages awarded by the MCCI, Stans has initiated a secondary arbitration claim against the Kyrgyz Republic. It remains our intention to enforce the MCCI award ------" Yeribe Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans Energy” or the “Company”), announces that it has commenced a new arbitration proceeding against the Kyrgyz Republic (the “Republic”) under the UNCITRAL Rules. Stans alleges that the Republic unlawfully expropriated its Kutessay II mining licence. Stans continues to seek the recognition and enforcement of its US$118 million award from the International Arbitrage Tribunal of the Moscow Chamber of Commerce & Industry (MCCI) at the Ontario Superior Court of Justice, which remains scheduled for June 29, 2015. In the meantime, the Mareva injunction, freezing approximately 47 million shares of Centerra Gold Inc., remains in place in Canada. Kyrgyzaltyn (“KJSC”), the beneficial owner of the Centerra Gold shares, will be seeking to set aside the Mareva injunction at a previously scheduled May 15, 2015, appeal. KJSC also intends to move, based on the Moscow Arbitrazh Court's April 29th decision, to set aside the Mareva injunction mentioned above on June 29, 2015. “As part of our ongoing strategy to ensure collection of damages awarded by the MCCI, Stans has initiated a secondary arbitration claim against the Kyrgyz Republic. It remains our intention to enforce the MCCI award and should we have to proceed with the new arbitration process, we will work with internationally accredited valuators to quantify our losses, which we estimate are now significantly higher than the US$118 million awarded by the MCCI arbitral tribunal,” states Rodney Irwin, Interim President and CEO. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. NOTES: If the Kyrgyz Republic is successful in the hearing on the merits of its application to set aside the award of MCCI, it is possible the Ontario courts could also conclude that there is no enforceable arbitral award to recognize, despite the positions we have stated herein. In that case, Stans could be subject to cost consequences in the Ontario court, and which could be significant. If Stans were forced to seek a new arbitral award in a different forum, there would be significant cost and delay to Stans. It is also possible that the Ontario courts could vacate the Mareva injunction, if the Ontario courts are not convinced other grounds to maintain the Mareva injunction exist, in which event, there is serious risk that the Kyrgyz Republic could dispose of its Canadian exigible assets before Stans could have a chance to obtain a new arbitral award against the Kyrgyz Republic, and Stans could be exposed to significant costs indemnity consequences. ABOUT STANS ENERGY Stans Energy Corp. is a resource development company focused on advancing rare earth and specialty metals properties in areas of Central Asia and Russia. Stans acquired the past producing rare earth mine, Kutessay II, in the Kyrgyz Republic in 2009. Since that time the Government of the Republic of Kyrgyzstan took expropriatory actions against the Company’s interests in that country, Subsequently Stans Energy applied to international arbitration to resolve the conflict. On June 30, 2014, Stans Energy was awarded US$118 Million by the Arbitration Tribunal at the Moscow Chamber of Commerce and Industry. On October 24, Stans Energy arrested 47 million shares of Centerra Gold (TSX: CG) as security in this matter. This security allows the Company to pursue the recognition of its arbitral award against the Kyrgyz Republic in the Canadian court system. Stans is now seeking recognition by the Ontario Court of Justice to collect US$ 118 Million worth of Centerra Gold shares.