Stans Energy Corp V.HRE.H

CORPORATE UPDATE HRE PLEASE READ

[TrickyGame]

Stans Energy Corporate Update

    

TORONTO, ON / ACCESSWIRE / May 29, 2019 / Stans Energy Corp. ("Stans" or the "Company") is pleased to provide the following legal update:

We received a letter from the Permanent Court of Arbitration to inform the Parties that: "The Tribunal expects to be in a position to issue the award no later than in the course of July 2019. The Parties will be informed one week in advance of the issuance of the award".

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.

About Stans Energy

Stans Energy Corp. is a resource development company focused on advancing rare and specialty metals properties and processing technologies. Stans is now transitioning to become a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Previously, the Company acquired, among other things, the right to mine the past producing rare earth mine, Kutessay II, in the Kyrgyz Republic. Due to the expropriation actions taken by the Government of the Kyrgyz Republic, the Company is undertaking international arbitration litigation to protect the Company's rights and recover damages estimated at over US$210,000,000, caused by the Republic.

We seek safe harbour.

[maverick2004]

$210 000 000 US damages, how many for one share

[TrickyGame]

Someone correct me if I've done this wrong but in  CAD that 210 M USd is about 300 M. Stan's owes the first funder 7.5M USD X 4 so 30 M USD which is roughly 40.5 M CAD Stan's owes the second funder idk they neer disclosed it so lets say 15 M USD which is roughly 20.2 M CAD  Outstanding shares roughly 184 M. Fully diluded i think it's at 197 M  So 300 M CAD  

[bobodolen123456]

i will take less and have a permit to mine as part of the deal,China will hold rare earths against the US,which is already driving speculation in other stocks such as MDL

[TrickyGame]

yeah I think thats why Stans went from 20 cents in 2009 to $3+ per share in 2010/2011 because as far as I know the Plant in the republic was/is the only REE processing plant outside of China (at the time that may have changed) and I've read speculation that China could easily win the trade war with the US by restricting US access to REEs because some of them are apparently used in stealth tech

[Stansman]

Wishful thinking.  How are they going to collect it??? i have no faith they will see that money anytime soon or if at all.  Best case you get a pop to .10-.25 cents.  Take your money and run

[john2305]

The lithium deal is of more importance I would think.

[TrickyGame]

I somewhat agree but Stan's is going to need money to restart the facility at the Zavitinskoye site and to build a new facility at the Krasnokamensk uranium site like the press release April 30th states. Personally best case scenario I see is we get the terms of the JV on the lithium deal in the next couple of days/ early june then we get a favorable award in july and actually get paid any

[bobodolen123456]

i still go with the ree if the license is granted to mine and a modest settlement as lithium is not what it has been made out to be,where rare earths have a much more limited supply and to refurbish the plant is less costly than a new plant to a already saturated market with big players having sufficient supply to a market that is not likely to replace fossil fuels,besides new battery technology

[TrickyGame]

*** this is just hypothetical speculation*** But I've read an article saying the Pentagon is trying to find other sources of REEs outside China because lets face it, it's not exactly a favorable position to be in when you are the most power military in the world and your advanced military tech needed to maintain your position as the most powerful military in the world requires you to

[123buyholdhope]

Its always fun to speculate, especially during this recent US China trade issue with REE's being highlighted. No doubt the US view of REE has now changed regardless of whether China places a REE/product related ban or not. Critical metals for the US are now a strategic (not trade) issue and they must have their own sourced supply/value chain on which military needs at the very least are met