TORONTO, March 22, 2018 /CNW/ - Stina Resources Ltd. is pleased to announce the appointment of the three senior managers who will head the main operating divisions for Enerox GmbH . Enerox is a newly formed Austrian company that will assume the assets of Gildemeister Energy Storage GmbH, notably its CellCube vanadium redox flow battery , once the [...]
Stina Resources is pleased to announce that it has closed the third and final tranche of its previously announced and fully subscribed non-brokered private placement for gross proceeds of $924,161 through the issuance of 3,422,818 units of the Company at a price of $0.27 per Unit . Each Unit consists of one common share of the Company and one-half [...]
Stina Resources is pleased to announce a non-brokered financing up to $10,000,000 principal amount secured convertible debentures. The Debentures will mature on the second anniversary of the date of issuance and bear interest at a rate of 9.0% per annum, which shall accrue and be paid on the maturity date. Each Debenture shall be convertible into [...]
VANCOUVER, March 5, 2018 /CNW/ - Stina Resources Ltd. is pleased to announce the appointment of Mr. Brian Ricker as President and CEO of Jet Power and Controls Ltd. . Brian's focus will be to integrate Jet Power's technology with the Gildemeister vanadium redox flow battery and expand operations throughout North America. Jet Power will not only [...]
Stina Resources is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement for gross proceeds of $1,709,839 through the issuance of 6,332,736 units of the Company at a price of $0.27 per Unit. Each Unit consists of one common share of the Company and one-half of one Common Share purchase [...]
Stina Resources is pleased to announce that it has closed the first tranche of a non-brokered private placement for gross proceeds of $365,999 through the issuance of 1,355,555 units of the Company at a price of $0.27 per Unit. Each Unit consists of one common share of the Company and one-half of one Common Share purchase warrant. Each Warrant [...]
Stina Resources is pleased to announce that, further to its news release of November 3, 2017, it has entered into an amending agreement with the Austrian liquidator with respect to the purchase of the assets of Austrian based Gildemeister Energy Storage GMBH. The amending agreement was approved by the creditors committee and the Austrian insolvency [...]
Stina Resources is pleased to announce that Mr. Chris Hopkins of Toronto, Ontario has been appointed a director of the Company. Mr. Hopkins has over 30 years of financial management experience in the resources industry. He has spent most of his career in senior roles with public mining companies, including Kerr Mines Inc., U.S. Silver, Rio Algom [...]
Stina Resources is pleased to announce results from the first phase of testing of samples from the Company's Bisoni McKay vanadium project located in Nevada, USA. Test results indicate vanadium extraction levels exceeding 90%. In June 2017, the Company retained Hazen Research Inc. of Golden Colorado to conduct testing of carbonaceous shale drill [...]
Stina Resources is pleased to announce that a comprehensive drilling and exploration program will commence in early spring 2018 on the Bisoni McKay and Bisoni-Rio properties in Nevada based on the successful and extensive work program completed in 2017. Stina holds a total of 4,115 acres at Bisoni McKay and Bisoni-Rio. The Bisoni McKay project has [...]
Stina Resources is pleased to announce that it in the final stages of negotiating a research agreement with the University of Calgary. The research conducted by the University of Calgary will focus on vanadium redox flow batteries and the production of vanadium electrolytes. The first stage will involve the development of a battery stack based upon [...]
Stina Resources Ltd. is pleased to announce the definitive agreement for the acquisition of Pure Vanadium Corp. . This acquisition supports Stina's long-term objective of becoming North America's first vertically integrated producer of vanadium electrolyte for the energy storage industry. In July 2017, Stina announced a Letter of Intent with Pure [...]
