Stans Energy Corp. announced that it has signed a Memorandum of Cooperation with the TradePromService LTD for an option to acquire 100% of Yakshinskoye potash deposit. Under the terms of the MOC, Stans and TPS have agreed to undertake a project development program which will result in: a) NI 43-101 compliant measured mineral resources estimate, b) pilot ISL production testing and c) Bankable Feasibility Study (upon completion of steps "a" and "b"). The Option Agreement negotiations will commence upon completion of Measured Mineral Resources Report. The extensive technical information provided to Stans by TPS was reviewed, verified and resulted in detailed recommendations which were provided to the TPS' Team. This extensive review was led by the company's qualified person, Dr. Gennady Savchenko FGS London, Director of Stans's International Mining Operations. The JORC Report prepared by ERCOSPLAN Group (Germany) using data from 18 drill holes estimates the indicated mineral resources of the deposit at: Sylvinite: 189 million tonnes at 23.9% KCl; Carnallitite: 935 million tonnes at 13.9% KCl. The Pre-feasibility Study prepared by ERCOSPLAN Group recommends solution mining as the best option for the carnallitite horizons which should be mined at phase one of deposit development, and provides a business-financial model for the 1 million tpa production rate.