Mr. Brian Stecyk reports

STINA RESOURCES SIGNS PURCHASE AGREEMENT FOR ENERGY STORAGE COMPANY

Stina Resources Ltd. has entered into an agreement with the Austrian liquidator to the insolvency proceedings over the assets of an Austrian based energy storage company to purchase the assets of the insolvent company on an "as is, where is" basis. Under the terms of the agreement, the company has agreed to purchase the assets for $5.21-million (U.S.) plus applicable value added tax, with an initial down payment of $1-million (U.S.) to be made immediately. In addition, the company is obligated to finance the operations of the insolvent company, estimated to be $300,000 (U.S.) per month, until the proposed closing date of Jan. 30, 2018. The company intends to finance the acquisition through private placements or entering into joint ventures.

The agreement is subject to a number of conditions, including the approval of the creditors' committee; legally binding approval of the insolvency court under Austrian insolvency law, which is scheduled for Nov. 14, 2017; and all necessary corporate and regulatory approval, including approval of the Canadian Securities Exchange.

The company's management and geology team are currently evaluating exploration and development plans on the Bisoni Mckay and Bisoni Rio pure-play vanadium deposits in Nevada and is pursuing vanadium electrolyte technology using vanadium from those deposits.

We seek Safe Harbor.