Stans Energy Corp.
TSX VENTURE : JMC.P

Stans Energy Corp.

November 27, 2008 15:48 ET

Stans Energy Corp. Announces Completion of Vertical Amalgamation

TORONTO, ONTARIO--(Marketwire - Nov. 27, 2008) - Stans Energy Corp., (the "Company") (TSX VENTURE:JMC.P) is pleased to announce the completion of the amalgamation of JM Capital Corp. and its wholly-owned subsidiary, as described in the press release of JM Capital Corp. dated November 26, 2008 and the filing statement of JM Capital Corp. dated November 7, 2008. The name of the amalgamated corporation is "Stans Energy Corp." The Company expects for trading of its shares on the TSX Venture Exchange to begin under the name "Stans Energy Corp." and the stock symbol "RUU" following the receipt of the TSX Venture Exchange's final approval of JM Capital Corp.'s "Qualifying Transaction."

For further information regarding the "Qualifying Transaction" please refer to the news releases issued by JM Capital Corp. on August 14, 2008, October 7, 2008 and November 7, 11, 20 and 26, 2008, the amalgamation agreement dated September 30, 2008 and JM Capital Corp.'s filing statement dated November 7, 2008, all of which are available under JM Capital Corp.'s profile on SEDAR at www.sedar.com.

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, and its expectations with respect to when the shares of the Company will begin trading under its new name and stock symbol. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Stans Energy Corp.
    Robert J. Mackay
    President & Chief Executive Officer
    (647) 426-1865