Stans Energy Corp V.HRE.H

RE:? no NR on moving to NEX

[123buyholdhope]

It appears trading is still suspended in CAD - taken from the July 6 2021 release - 

"Further to the TSX Venture bulletin issued May 7, 2020, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice."

However, It also seems the assignment to the NEX is not related to trading issues, but rather company governance in relation to basic documentation and management action required by the TSXV. Compliance won’t tell shareholders specifically why Stans has been so demoted, but the company may be able to (if they think it wise).

Yes, less requirements to exist on the NEX but also less ‘status’ (and therefore attraction to others) as a potential reverse merger candidate. Boris really needs to come clean with the market and company shareholders (beyond the email exchanges) and provide a company release with an explanation and a data driven picture going forward. Otherwise, dissolve and let shareholders take tax losses where possible.

Russia is not a white knight here; Stans has no tech’ of value otherwise it would have been swept up long ago. Any MOU’s are long since defunct (Stans now has its own compliance issues as did the former Russian entities that the company itself decided to avoid due to licence/permit issues, etc). Unfortunately, any Krygzy award, if negotiated, is going to be below the original amount which means no ½ mill to Stans.

As usual JMO – GLTA -  https://twitter.com/EarthsRare