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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

Post by Stock20on Mar 23, 2020 1:12pm
426 Views
Post# 30838183

Original press release

Original press release

Stans Energy Announces Grant of Stock Options and Shares for Debt Settlement

ACCESSWIRE - Fri Mar 22, 11:09AM CDT
 

TORONTO, ON / ACCESSWIRE / March 22, 2019 / Stans Energy Corp. (TSX-V: HRE, OTC: HREEF), ("Stans" or the "Company") announces the grant of Stock Options and Shares for Debt Settlement.

Stock Options

The Company wishes to announce the issuance of 5,900,000 stock options to Directors, Management and Consultants at $0.05 per share for a period of five years from issuance.

Shares for Debt Settlement

The Company reports that COO, Boris Aryev, has been issued 400,000 shares at $0.05 per share to settle partial debt owed from salary arrears dating from April to November 2018. The Company also reports that CFO, Olga Stevens, has been issued 200,000 shares at $0.05 per share to settle partial debt owed from compensation arrears dating from September 2018 to February 2019. The Shares for Debt Settlement Agreement was approved by Stans Board of Directors on March 5th, 2019.

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.

 

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