TORONTO, ON / ACCESSWIRE / January 25, 2019 / 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 2019 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:
Nominee | Votes For | % For | Votes Withheld | % Withheld |
Rodney Irwin | 28,349,647 | 99.48% | 148,300 | 0.52% |
Gordon Baker | 28,360,447 | 99.52% | 137,500 | 0.48% |
Douglas Underhill | 28,198,432 | 98.95% | 493,154 | 1.80% |
Boris Aryev | 28,205,347 | 98.97% | 292,600 | 1.03% |
Albert Grenke | 28,345,332 | 99.46% | 152,615 | 0.54% |
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:
28,416,947 (99.72%) votes for and 81,000 (0.28%) votes withheld
Stock Option Plan
The Stans Energy Corp. 10% rolling Stock Option Plan has been approved by the shareholders. Results as follows:
28,217,852 (99.01%) votes for and 280,095 (0.98%) votes against.
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 and specialty metals properties and processing technologies. Stans is now transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Previously, the Company acquired, among other things, the right to mine the past producing rare earth mine, Kutessay II, in the Kyrgyz Republic. Due to the expropriation actions taken by the Government of the Kyrgyz Republic, the Company is undertaking international arbitration litigation to protect the Company's rights and recover damages estimated at over US$210,000,000, caused by the Republic.
We seek safe harbour.
Contact Details
Rodney Irwin | Boris Aryev |
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.
SOURCE: Stans Energy Corp.
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