Stans Energy Seeks International Intellectual Property Rights for Lithium Carbonate Production Technology

Toronto, Ontario – Stans Energy Corp. (TSX-V: HRE, OTCQB: HREEF), (“Stans” or the “Company”) is pleased to announce that the Company will be seeking global distribution rights to the beneficiation and processing technologies developed by it’s Russian partners for the production of lithium concentrates and lithium carbonate from lithium bearing spodumene.

As previously reported on October 11, 2016, Stans’ partners’ technical contractor VNIIHT (Leading Institute of Chemical Technology), a research and development division of Rosatom, have developed a complete flow sheet for the production of lithium carbonate from lithium bearing spodumene. A luminescent and poly-chromium photometric sorting technology is used to separate high-grade mineralization from waste rock and then a flotation process is employed to produce 4.48% Li₂0 concentrate.  Pyro- and hydro-metallurgical technology is then used to process this concentrate to produce lithium carbonate, a marketable product. This patentable technology will be licensed for export by Stans and then licensed to other companies in the lithium sector.

“The global demand for lithium continues to escalate and numerous companies in the sector will need the technology that Stans will be licensing to other lithium producers to assist them to meet product requirements from downstream users.  Stans intends to capitalize on the growing demand for lithium products by creating multiple revenue streams from both the sale of lithium carbonate products and the licensing of lithium carbonate production technology,” states Rodney Irwin, CEO and President.

The scientific and technical information in this document was reviewed, verified and compiled by Stans Energy Corp.’s geological and mining staff under the supervision of the company’s qualified person, Dr. Gennady Savchenko FGS, Director of International Mining Operations, Stans Energy Corp.

About Stans Energy

Stans Energy Corp. 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 US$210,000,000, caused by the Republic.