15:55:12 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Stina Resources Ltd
Symbol SQA
Shares Issued 51,072,436
Close 2017-05-03 C$ 0.13
Market Cap C$ 6,639,417
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Stina Resources appoints Morin as director

2017-05-04 11:57 ET - News Release

Mr. Jim Wall reports

STINA ADDS JAMES MORIN TO THE BOARD

Stina Resources Ltd. has appointed James P. Morin to its board of directors.

Mr. Morin is a highly experienced professional with diverse managerial and financial expertise as evidenced by his serving in many business and consulting capacities. He currently consults in corporate restructuring and business financing, where he has arranged financing from $300,000 to $32-million.

He has been involved in the oil and gas sector as vice-president and chief financial officer of the largest aftermarket provider of blowout preventer parts in the world. He was the founder and president of AMC Technologies Corp., which designed and manufactured sophisticated control and monitoring solutions for industrial and equipment systems across North America. Earlier experience included serving as corporate finance adviser for Roche Securities Ltd. and a finance officer for a number of private companies.

He also has broad experience in working with financing agencies and arranging grants for research and development of new technology, experience that will be significant benefit to Stina Resources as it develops its vanadium resources for use in the vanadium redox battery industry.

His financial experience in the manufacturing industries will benefit Stina's Soft Wave operations. Soft Wave is a new electrical technology that changes the way cooling towers and similar water using facilities are maintained, cleaned and flushed. This green technology eliminates or minimizes the use of harmful chemicals that are currently used. The technology is currently used in the United States by some of North America's largest companies. Stina has acquired the Canadian rights to the technology and will soon be marketing it widely.

"Stina is adding very skilled and experienced new members to its board," commented Jim Wall, chief executive officer of Stina. "These new members will drive the company into the next chapter by exploring and developing strategic opportunities for the company's Bisoni McKay vanadium property in the battery and energy storage industry, in addition to monetizing the company's Soft Wave operations. Tremendous shareholder value is being added to Stina."

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