13:21:27 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Stina Resources Ltd
Symbol SQA
Shares Issued 51,072,436
Close 2017-06-27 C$ 0.21
Market Cap C$ 10,725,212
Recent Sedar Documents

Stina Resources to reprice, extend warrants

2017-06-27 17:31 ET - News Release

Mr. Brian Stecyk reports

STINA RESOURCES EXTENDS EXPIRY DATE AND REPRICES WARRANTS

Stina Resources Ltd. intends to extend the expiry date of an aggregate of 3,925,000 previously issued common share purchase warrants of the company, as set out in the attached table.

Date issued           Current          Amended     Number of warrants         Current         Amended
               exercise price   exercise price          to be amended     expiry date     expiry date

Sept. 19, 2013          $0.45            $0.15              2,100,000  Sept. 19, 2017  Sept. 19, 2018
July 10, 2015           $0.40            $0.15              1,000,000   July 10, 2017   July 10, 2020
Sept. 10, 2015          $0.25            $0.15                325,000  Sept. 10, 2021  Sept. 10, 2021
Jan. 22, 2016           $0.30            $0.15                500,000   Jan. 22, 2018   Jan. 22, 2021

The company also announces that it is creating an incentive stock option plan for employees and directors.

A total of 5.1 million incentive stock options have been allocated for directors/officers/employees and/or consultants under the company's stock option plan at an exercise price of 15 cents per common share expiring on June 27, 2019.

About Stina Resources Ltd.

The company is the owner of vanadium assets in its Bisoni McKay project in Nevada and has recently announced a significant addition of 154 neighbouring claims. The company has a goal of becoming the first North American vertically integrated producer of vanadium and vanadium electrolytes, and related products to the energy storage industry.

We seek Safe Harbor.

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