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Stans Energy Corp. (TSXV: HRE, OTCQX: HREEF) announced that a court sided with them over the Kyrgyzstan government, regarding its Aktyuz exploration licence.

Stans Energy Corp. (TSXV: HRE, OTCQX: HREEF) announced that a court sided with them over the Kyrgyzstan government, regarding its Aktyuz exploration licence.

As quoted in the press release:

This ruling of the Inter-district Court of Bishkek confirms that the Company’s repeated requests to the administration of the SGA were ignored, and the most likely outcome of these proceedings will be that a decision will be made by the SGA regarding the extension of the licence.

Stans Energy’s President and CEO, Robert Mackay, said:

Management is extremely pleased to receive yet another positive court ruling in the Company’s favour. This ruling further demonstrates that Stans Energy adheres to the rule of law and the extension of our exploration licence for the Aktyuz Licence area will confirm our business practices.

To view the whole press release, click here.

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