Profile
Ticker HRE|PrimaryStockExchangeTSXVentureExchange
Overview: This company engages in the acquisition and development of mineral deposits such as uranium, molybdenum, vanadium, beryllium, lithium and rare earth metals in the Kyrgyz Republic.
Incorporated: FORMED in Ontario Nov. 27, 2008, upon the the amalgamation of Stans Energy Corp. and JM Capital Corp., following the amalgamation on Nov. 26, 2008, of Stans Energy Corp., a predecessor to the company (Old Stans), and JM Amalco Corp., a wholly owned subsidiary of JM Capital Corp. Old Stans was incorporated in Ontario Sept. 26, 2005, and JM Capital Corp. was incorporated in Ontario June 6, 2006.
Background: Stans Energy Corp. operates as a resource development company with a focus on heavy rare earth properties in the areas of the Former Soviet Union. The company engages in the acquisition and development of mineral deposits, such as uranium, molybdenum, vanadium, beryllium, lithium, and rare earth metals in the Kyrgyz Republic. It owns a 20-year mining license in the past-producing Kutessay II rare earth mine from the Kyrgyz Republic; and Kashka Rare Earth Plant, a hard rock plant to produce various rare earth elements, as well as 120 various metals, alloys, and oxides located outside of China. Stans Energy Corp. also has interests in the Aktyuz, Kalesay, Kyzyluraanskaya, and Alabuga and Koshdube projects. The company was incorporated in 2005 and is headquartered in Toronto, Canada.