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Stans Energy Corp. (TSX-V: HRE, OTCQB: HREEF), (“Stans” or the “Company”) announces amended closing terms to its previously announced non-brokered private placement financing (See Press Release dated September 13, 2016 and October 4, 2016, November 9, 2016).

The closing of the private placement has been adjusted to December 28, 2016. The private placement financing is for a placement of up to $600,000 (the “Offering Amount”) consisting of up to 12,000,000 units at a price of $0.05 per Unit. Each Unit will consist of one common share in the capital of the Company and one share purchase warrant (each whole warrant a “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 $0.06per common share.

6,050,000 common shares for gross proceeds of $302,500.00 were issued in this placement.  Finders Fees of $2,000 were paid to Cannacord Gennuity.  The Finders Fee represented 5% of the gross proceeds collected by Cannacord Gennuity with an allotment for 40,000 finders warrants which represented 5% of the shares issued to Cannacord Genuity clients who participated in Placement.  The  Finders’ Warrant are exercisable to acquire one common share of the Company at a price of $0.06 commencing on November 10, 2016 for a period of 60 months.

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