Stans Energy Corp.

Stans Energy Corp.

December 09, 2009 12:39 ET

Stans Energy Corp. Announces New CFO

TORONTO, ONTARIO--(Marketwire - Dec. 9, 2009) - Mr. Robert Mackay, President and CEO of Stans Energy Corp. (TSX VENTURE:RUU), is pleased to announce the addition of Ms. Elena Masters as the new CFO of the company. Masters has over 12 years of financial and operational experience in the investment industry, overseeing financial functions of public companies in Canada and companies with capitalization of over EUR 100 million internationally (US, Jersey, Cyprus, Eastern Europe).

Masters is presently serving as CFO of Sino Vanadium Inc. TSX: SVX and JJR Capital Corp. (including its predecessor JJR Capital Partners), a private equity merchant bank based in Toronto. Ms. Masters also acted as corporate controller for the following Canadian companies: CD Capital Partners, 2008-2009, JJR II Acquisition Inc. TSX: JJR. P (also serves as Director) 2007-2009; JJR IV Acquisition Inc. TSX: JJV.P 2007-present, SSQ Acquisition Inc. (TSX: CWG) 2006-2007. Ms. Masters is a CGA, holds a Bachelor's Degree in Law, June 2001, Kemerovo State University, Russia and a B.A. degree in Financial Management, June 1997.

Stans Energy Corp., will grant Ms Masters 1,000,000 options at the current price of $0.125, subject to exchange approval.

Mr. Gerald Ruth has resigned effective December 8, 2009 and the management of the company would like to thank Mr. Gerald Ruth for his time as CFO with the company.

Contact Information

  • Stans Energy Corp.
    Robert Mackay
    President and CEO
    (647) 426-1865
    (647) 426-1869 (FAX)