Mr. Robert Mackay reports
STANS ENERGY APPOINTS DIRECTOR OF OPERATIONS FOR RUSSIA
Stans Energy Corp. has appointed Alexander Nikitin as the director of operations in
Russia. Mr. Nikitin has been granted 200,000 options in consideration of
his duties.
Mr. Nikitin's recent role as a project manager at the State Treasury of
the Russian Federation, operating under the Ministry of Finance of the
Russian Federation, will further add to Stans Energy's ability to execute on its
business goals in Russia and in other areas of the former Soviet Union.
Stans Energy is also pleased to report on its recent membership to the
United States Magnetic Materials Association (USMMA). The mission of the
United States Magnetic Materials Association is to promote domestic
production of the entire supply chain of materials used in magnet
systems production to serve America's defence needs.
About USMMA
The U.S. Magnetic Materials Association is a trade association
dedicated to restoring a competitive, secure, end-to-end rare earth
supply chain to support the domestic manufacturing of rare earth
permanent magnets. USMMA is concerned with recent news reports, think
tank positions, academic reports, U.S. government generalizations and
promotional activities by some rare earth industry participants that
oversimplify and downplay the seriousness of the rare earth crisis.
We seek Safe Harbor.
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