Stans Energy Announces Revised Terms to Non-Brokered Private Placement

Stans Energy (TSXV:HRE) has announced the amended closing terms to its previously announced non-brokered private placement.
As quoted in the press release:

The Proposed Offering of Common Shares
The private placement of $300,000 (the “Offering Amount”) consisting of up to 6,000,000 units at a price of $0.05 per Unit. Each Unit will consist of one common share in the capital of the Company and one share purchase warrant (each whole warrant a “Warrant”). Each Warrant will be exercisable to acquire one additional common share of the Company for a period of 60 months at a price of $0.06 per common share.
Stans intends to use the gross proceeds from the Offering to complete the funding of the Company’s due diligence on the Pervomayskiy Lithium Mineralization Stockpile and Zaibaikalsky Mill. Proceeds will not be used to pay management fees, nor is it proposed to make payments to any related parties.
The Offering is open to all accredited investors and financial institutions, subject to certain limitations. Any existing shareholder interested in participating in the Offering should contact the Company in accordance with the contact information set forth below. The Company may pay registrants a cash commission of 5% of the gross proceeds of this Offering in respect of investors solicited or introduced by such registrants. Registrants will also be entitled to receive warrants to purchase that number of common shares of the Company as equals 5% of the total offering subscribed by investors solicited or introduced by such registrants, at an exercise price of $0.06 per share, for a term of 60 months.

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