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yeribeon May 02, 2018 9:24am
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RE:RE:Stans Energy Provides Legal Update on UNCITRAL Arbitration
RE:RE:Stans Energy Provides Legal Update on UNCITRAL Arbitrationmrsstockguy-thank you for the latest news update. For further clarity, the following is a copy of the news update in full:-
Stans Energy : Provides Legal Update on UNCITRAL Arbitration
04/25/2018 | 01:01pm CEST
Toronto, Ontario (FSCwire) - Stans Energy Corp. ("Stans" or the "Company") reports that a hearing was held from April 9 -13, 2018 in the arbitration matter between Stans Energy Corp. and Kutisay Mining LLC (together “Stans”) and The Kyrgyz Republic (the “Republic”).
Following the Hearing the Arbitral Tribunal issued a procedural order establishing a post-hearing briefing schedule that will conclude in July 2018, with costs submissions in October 2018.
No definitive timeframe has been provided for the Tribunal for the issuance of a decision. The Company expects to receive a decision in the first half of 2019 | | |