Stans Energy Corp. (HREEF)

[Gaintrader]

LEGAL UPDATE-2/2/15; Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) reports that on January 28, 2015, the Arbitration Court of the City of Moscow (the “Court”) agreed with the opinion of the Stans’ legal representatives on the necessity of combining two separate
ongoing challenges in Moscow.
On January 28, 2015 a hearing was held regarding the Kyrgyz Republic’s appeal of the decision on March 31, 2014 of the International Moscow Chamber of Commerce and Industry (the “MCCI”) regarding its jurisdiction in hearing the Company’s international arbitration proceedings. Furthermore another hearing was to be held on February 12 2015 where the Kyrgyz Republic was seeking to set aside the verdict of the MCCI from June 30,
2014, has been canceled.
?At the direction of the Court, the combined hearing of these arguments is scheduled to
?commence on March 2, 2015.
As reported by the Company on January 28, 2015, the arrest of 47 million Centerra Gold shares remains in place and the Company is proceeding with enforcement of the award of the MCCI in the Ontario Court of Justice. These appeals in Moscow courts do not affect the
time tables as previously announced by the company.
Contact Details
Rodney Irwin
Stans Energy Corp
Interim President & CEO
[e-mail]
647-426-1865

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