Stans Energy Postpones Annual Meeting
June 7, 2013 (Source: Businesswire) — Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans Energy” or the “Company”), reports that its Annual General and Special Meeting that was to be held on July 18, 2013 has been postponed to September 26, 2013 at 1pm Toronto local time.
“In the interest of all shareholders, the Board of Directors and Management have decided to delay the annual meeting until the early fall. The goal is to have all outstanding legal issues favourably resolved surrounding Kutessay II and to provide shareholders with a comprehensive update on the Company’s plans moving forward at that time,” states Robert Mackay, President and CEO.
The location of the September 26, 2013 Stans Energy Annual General and Special Meeting will be held at:
Toronto Board of Trade: 1pm: September 26, 2013 77 Adelaide St. West First Canadian Place Toronto, Ontario M5X 1C1
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.
Get our daily investorintel update
Robert Mackay President & CEO firstname.lastname@example.org 647-426-1865
David Vinokurov VP Corporate Development email@example.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.
InvestorIntel is a trusted source of reliable information at the forefront of emerging markets that brings investment opportunities to discerning investors.