Stans Energy Corp V.HRE.H

RE:RE:? no NR on moving to NEX

[TrickyGame]

It doesn't actuallty sasy in the release that the more is because of compliance.

Here are the requirements to list as a Tier 2 TSXV company which is what the company was before the move. Right side is Tier 2

Property Requirements	Material interest in a Tier 1 property(1)	Significant interest(2) in a qualifying property or, at discretion of the TSXV, a right to earn a significant interest in a qualifying property.
Recommended Work Program	$500,000 on the qualifying property as recommended by geological report	$200,000 on the qualifying property as recommended by geological report
Net Tangible Assets	$2,000,000 net tangible assets	No requirement
Minimum Prior Expenditure and Work Program	N/A	C$100,000 of exploration expenditures on the qualifying property in the past 36 months
# of Public Board Lot Holders	250	200
Minimum Free Trading Public Float	1,000,000 shares.	500,000 shares.
Minimum % of Issued and Outstanding Listed Shares Held by Public	20%	20%
Market value of Issued Securities to be Listed	No minimum	No minimum
Minimum IPO Price Conducted Concurrent to Listing	C$0.10	C$0.10
Minimum Cash in Treasury	Adequate to carry out stated work plan or execute business plan for 18 months following listing.	Adequate to carry out stated work plan or execute business plan for 12 months following listing.
Minimum Additional Working Capital	C$200,000	C$100,000
Sponsorship Required	No(3)	No(3)
Form 43-101 Geological Report	Yes.	Yes.

It's been a few years since the Rosatom deal was in progress so from what I can tell the company got moved to NEX because they haven't spent $100,000 CAD on exploration expenditures in the past 36 months and/or the $100,000 CAD working capital req. We seem to meet all the other reqs. With the Rosatom Deal we have 50% internet in qualifing property. The work program was started on the property. Since were halted the # of public lot holders should not have changed  neither 20% of public holding shares should have changed either. The IPO price was $0.20 CAD i believe. 12 Months following listing cash req doesnt apply anymore.