KCMP Shareholders Approve Deal Structure for Stans Energy Corp

Kyrgyz Chemical Metallurgical Plant shareholders reports voting in favour to the deal structure for Stans Energy Corp.(PINK:STZYF)

The press release is quoted as saying:

…officially voted in favour of the deal structure to complete the previously announced transaction between KMCP and Stans Energy Corp (See Stans’ press release January 13, 2011) for Stans to buy 100% KCMP’s Heavy Rare Earth Processing Complex, and private Rail Terminal for $5,500,000 USD. The legal process to finalize this transaction can now be initiated.

Click here to access the entire news release.

Click here to access Stans Energy’s company profile.