Rodney Irwin, Chairman of the Board of Stans Energy Corp. (“Stans
Energy” or the “Company”), (TSX-V: HRE, OTCQX: HREEF), Honorary Consul
to Canada for the Kyrgyz Republic and Former Canadian Ambassador to
Russia, is pleased to report that senior representatives of the Canadian
government attended meetings with Kyrgyz government officials to
demonstrate their support for the Company’s initiatives at Kutessay II.
Canadian Member of Parliament, Bob Dechert; Parliamentary Secretary to
Foreign Minister John Baird, accompanied by Trade Commissioner Marc
Andre Savage from the Canadian Embassy met with senior Kyrgyz government
officials. The goal of these meetings was to provide support for
Canadian mining companies operating in Kyrgyzstan. Stans Energy’s local
representatives were pleased to brief the Canadian visitors on company
activities, providing a corporate update in preparation for their calls
on Kyrgyz officials and to discuss the value Canadian firms can bring to
Kyrgyz economic priorities in the mining sector.
“This demonstration of support by Canadian government representatives,
promotes Canada’s commitment in encouraging business ties with
developing economies in Central Asia, particularly in extractive
industries. We are eager to continue our working relationship with the
Kyrgyz authorities in an effort to put the Kutessay II Heavy Rare Earth
mine back into production,” states Rodney Irwin, Chairman of Stans
Energy.
Stans Energy has also granted an aggregate of 100,000 options to an
employee of the company. Each stock option entitles the holder to
purchase one common share of the Company for $0.41 until March 21, 2018.
All options granted and any common shares issued upon the exercise of
the options will be subject to a statutory four-month hold period
expiring July 21, 2013. The option grant was approved by the board of
directors on March 21, 2013 and is subject to regulatory approval.
About Stans Energy
Stans Energy Corp. is a resource development company focused on
advancing Heavy Rare Earth (HRE) properties in areas of Central Asia and
Russia. In December 2009, Stans acquired a 20-year mining license for
the past-producing Kutessay II rare earth mine from the Kyrgyz Republic.
On May 26, 2011 Stans completed the purchase of the Kashka Rare Earth
Processing Plant (KRP) the same plant that previously refined REEs from
Kutessay II ores. The KRP was the only hard rock plant to produce all
rare earth elements outside of China, producing 120 different metals,
alloys, and oxides. For over 30 years, Kutessay II produced 80% of the
rare earth metals for the Former Soviet Union.
We seek safe harbour.
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Contact Details
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Robert Mackay
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David Vinokurov
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Stans Energy Corp
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Stan Energy Corp
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President & CEO
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VP Corporate Development
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robert@stansenergy.com
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david@stansenergy.com
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647-426-1865
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647-426-1865
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FORWARD LOOKING STATEMENTS: This document includes forward-looking
statements as well as historical information. Forward-looking statements
include, but are not limited to, use of proceeds from the Offering, the
completion of the Offering, the continued advancement of the company's
general business development, research development and the company's
development of mineral exploration projects. When used in this press
release , the words “will”, “shall”, "anticipate", "believe",
"estimate", "expect", "intent", "may", "project", "plan", "should" and
similar expressions may identify forward-looking statements. Although
Stans Energy Corp. believes that their expectations reflected in these
forward looking statements are reasonable, such statements involve risks
and uncertainties and no assurance can be given that actual results will
be consistent with these forward-looking statement. Important factors
that could cause actual results to differ from these forward-looking
statements include the potential that fluctuations in the marketplace
for the sale of minerals, the inability to implement corporate
strategies, the ability to obtain financing and other risks disclosed in
our filings made with Canadian Securities Regulators.