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Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Metals & Mining Industrial Metals & Minerals
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

Stans Energy Corp > Arbitration Update
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Comment by TrickyGameon Sep 19, 2019 10:35pm
387 Views
Post# 30146140

RE:RE:RE:Arbitration Update

RE:RE:RE:Arbitration Update
mrstockguy wrote: Stans is not challenging the award. Therefore the company is bankrupt.

Why are you taking about settlements and time to
collect. 28m dollars . It’s over. - sell up at .02 before you lose everything now.



They are not bankrupt. Unless i read the financial statements wrong Stan's only technically has 1 Million in debt. the loan in the statements is the money that both funders put up advancing the case. I believe it says that in note 8. Thats on a non recourse basis and there's a clause in both aggreements thats the fees cannot be more than the award under any circumstances.
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