Today: March 29, 2017, 3:04 pm
  
Business

Stans Energy Corp Grants Options

PR-Inside.com: 2014-03-03 23:36:08
Toronto, Ontario CANADA, March 03, 2014 /FSC/ - Stans Energy Corp. (HRE - TSX Venture, OTCQX: HREEF'Stans' or 'The Company') has granted on March 3, 2014, an aggregate of 2,700,000 incentive stock options to employees and directors of the company. Each stock option entitles the holder to purchase one common share of the Company for $0.07 per share until March 3, 2019. 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 3, 2014. The option grant was approved by the board of directors on October 23, 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.


Contact Details

Rodney Irwin
Interim President & CEO
rodney@stansenergy.com
647-426-1865


David Vinokurov
VP Corporate Development
david@stansenergy.com
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.

To view this press release as a PDF, please click on the following link:
www.usetdas.com/pr/stans03032014.pdf


Source: Stans Energy Corp. (TSX-V: HRE) www.stansenergy.com
Maximum News Dissemination by FSCwire. www.fscwire.com

Press Information


Published by
Fred Gautreau
14037173898
e-mail
www.fscwire.com



# 436 Words
Related Articles
 
More From Business
Mercedes-AMG Drives Performance with SAP® SuccessFactors® Solutions
SOUTH SAN FRANCISCO, Calif., March 29, 2017 (GLOBE NEWSWIRE) -- SAP SuccessFactors today announced that Mercedes-AMG has selected [..]
Correction of notification of transactions in own [..]
This correction refers to the notification of transaction in own shares released on 28 March 2017. The transaction is to [..]
Resource efficiency to the forefront - Outotec's [..]
OUTOTEC OYJ  PRESS RELEASE  MARCH 29, 2017  at 2.00 PM Resource efficiency to the forefront - Outotec's sustainability report [..]
Former First Sea Lord of the British [..]
SUNNYVALE, Calif., March 29, 2017 (GLOBE NEWSWIRE) -- Liquid Robotics® is honored to announce Admiral (ret.) Sir George Zambellas, [..]
SolarWinds IT Trends Report 2017: Hybrid IT [..]
The company's annual study on the state of the IT industry dives deeper into the effects hybrid IT has had [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.