Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
 September 24, 2015 - 4:45 PM EDT
Print Email Article Font Down Font Up Charts

Stans Energy Announces AGSM Results

Stans Energy Announces AGSM Results

Toronto, Ontario (FSCwire) - Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), reports on the following results from its Annual and General Special Meeting:


Election of Directors:

The Nominees listed in the management proxy circular for the 2015 AGSM were elected as directors of Stans Energy Corp.  Detailed Results of the votes by ballot for the election of directors held at the AGSM are as follows:




Votes For

% For

Votes Withheld

% Withheld

Rodney Irwin





Gordon Baker





Douglas Underhill





Boris Aryev





Albert Grenke





Vadim Veshchezerov






Appointment of Auditors

KPMG LLP, Chartered Accountants has been appointed auditors of the corporation to hold office until the close of the next annual general meeting of shareholders at such remuneration as may be fixed by the directors and the directors are hereby authorized to fix such remuneration.  Results for the appointment of auditors are as follows: 


50,918,855 (99.54%) votes for and 234,827 (0.46%) votes withheld


Stock Option Plan

The Stans Energy Corp. 10% rolling Stock Option Plan has been approved by the shareholders. Results as follows:


22,518,425 (81.95%) votes for and 4,959,468 (18.05%) votes against.


A copy of the AGSM presentation given by management at the meeting is available online:


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 news release.


About Stans Energy                                                                                                                                     


Stans Energy Corp. is a resource development company focused on advancing rare earth and specialty metals properties focusing on areas of Central Asia and Russia. Stans acquired the past producing rare earth mine, Kutessay II, in the Kyrgyz Republic in 2009.  Since that time the Government of the Republic of Kyrgyzstan took expropriatory actions against the Company’s interests in that country, Subsequently Stans Energy applied to international arbitration to resolve the conflict. On June 30, 2014, Stans Energy was awarded US$118 Million by the Arbitration Tribunal at the Moscow Chamber of Commerce and Industry. Stans is seeking recognition by the Ontario Superior Court of Justice of the MCCI award to collect US$ 118 Million from the Kyrgyz Republic.



We seek safe harbour.


Contact Details

Rodney Irwin

Stans Energy Corp

President & CEO



David Vinokurov

Stan Energy Corp

VP Corporate Development



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 file, click onto the following link:

Source: Stans Energy Corp. (TSX Venture:HRE, OTCQX:HREEF)


Maximum News Dissemination by FSCwire.


Copyright © 2015 Filing Services Canada Inc.

Source: FSCwire (September 24, 2015 - 4:45 PM EDT)

News by QuoteMedia