Stans Energy Hires New CFO
Stans Energy Corp (TSX-V: HRE, OTCQX: HREEF)(‘Stans’ or ‘The Company’) is pleased to announce that Anna Kuranova, CGA, has been hired as the new Chief Financial Officer for the company.
Mrs. Kuranova has extensive financial reporting experience with progressively senior positions at both High River Gold and Kinross Gold. Mrs. Kuranova will be replacing Lena Masters whose resignation became effective on March 7, 2012. Ms. Masters will be moving on to another opportunity.
“We are extremely pleased that Anna has decided to join Stans and her experience in operational positions at producing mines in Russia will assist the company as we move forward with our plans to resume production at our flagship Heavy Rare Earth property Kutessay II. We wish Ms. Masters continued success and thank her for her years of dedicated service with Stans Energy,” states Robert Mackay, President and CEO.
Mrs. Kuranova will be granted 300,000 options as approved by the board of directors on March 7, 2012. These incentive stock options are exercisable into one common share of the company at $0.94 until March 7, 2017. All options granted and any common shares issued on the exercise of the options will be subject to a statutory four-month hold period expiring July 7, 2012. The option grant is subject to regulatory approval.
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