Stans Energy Announces Corporate Update
15 Januar 2014 - 10:07PM
Business Wire
Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the
“Company”), announces the creation of the office of the Chief
Financial Officer, with Company COO Boris Aryev serving as interim
Chief Financial Officer pending hiring of a permanent CFO. Mr.
Aryev will be assisted by two financial consultants, Douglas Varty,
a former partner at KPMG retained to assist with the Company’s Q3
2013 and year-end filings, and Lena Masters of Administrative
Services Corporation.
The Company also announces that Jonathan Buick tendered his
resignation as a director on January 14, 2014.
Rodney Irwin, President and CEO goes on to state, “We would like
to thank Mr. Buick for his insight and contributions while he
served on the board of directors. We wish him continued success in
his future endeavors. We are also pleased to have Ms. Masters, our
former CFO, assisting the Company through this transition period.
”
About Stans EnergyStans Energy Corp. is a resource
development company focused on progressing Heavy Rare Earth (HRE)
properties in areas of the Former Soviet Union. 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
historically from Kutessay II. 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.
Contact Details
Rodney Irwin
Stans Energy Corp
Interim - President & CEO
647-426-1865
David Vinokurov
Stans Energy Corp
VP Corporate Development
647-426-1865
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.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Stans Energy CorpRodney Irwin, 647-426-1865Interim - President
& CEOorDavid Vinokurov, 647-426-1865VP Corporate
Development
Stans Energy (CE) (USOTC:HREEF)
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