Mr. Rodney Irwin reports

STANS ENERGY CORP ANNOUNCES REVISED TERMS TO NON-BROKERED PRIVATE PLACEMENT

Stans Energy Corp. has amended closing terms to its previously announced non-brokered private placement financing (see press releases dated Sept. 13, 2016, and Oct. 4, 2016).

The proposed offering of common shares

The closing of the private placement has been adjusted to Nov. 24, 2016. The private placement financing is for a placement of up to $600,000, consisting of up to 12 million units at a price of five cents per unit. Each unit will consist of one common share in the capital of the company and one share purchase 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 six cents per common share.

Stans Energy intends to use the gross proceeds from the offering to finance its continuing corporate overhead and conducting of 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. The company may pay registrants a cash commission of 5 per cent 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 per cent of the total offering subscribed by investors solicited or introduced by such registrants at an exercise price of six cents per share for a term of 60 months.

Closing of the offering will be subject to certain closing conditions, including approval of the Toronto Stock Exchange.

About Stans Energy Corp.

Stans Energy is a resource development company focused on advancing rare and specialty metals properties, and processing technologies. Stans is now transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Previously, the company acquired, among other things, the right to mine the past-producing rare earth mine Kutessay II in the Kyrgyz Republic. Due to the expropriatory actions taken by the government of the Kyrgyz Republic, the company is undertaking international arbitration litigation to protect the company's rights and recover damages estimated at over $210-million (U.S.) caused by the republic.

We seek Safe Harbor.