Mr. Brian Stecyk reports

STINA ANNOUNCES DEFINITIVE AGREEMENT FOR ACQUISITION OF PURE VANADIUM

Stina Resources Ltd. has entered a 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 Vanadium Corp. and, following a thorough review of the company's technology and other relevant matters, a definitive agreement has now been finalized.

"The development of battery technology is progressing rapidly throughout the world with vanadium redox flow batteries being one of the main new technologies for grid-scale energy storage. The combination of our vanadium resources in Nevada and new applications for vanadium in battery technology will progress Stina towards its goal of being a leading vertically integrated producer of vanadium electrolyte," said Brian Stecyk, president and chief executive officer, Stina Resources.

"Pure is a technology company involved in development of vanadium electrolyte for vanadium redox flow batteries used in grid-scale energy storage. Pure holds a portfolio of licences for the production and sales of vanadium electrolytes. Pure's licences were granted by the Battelle Memorial Institute, operator of Pacific Northwest National Laboratory (PNNL), a U.S. Department of Energy National Laboratory, located in the state of Washington," says Dusty McKinnon of Pure Vanadium.

The finalization of the definitive agreement and its execution will result in Pure becoming a wholly owned subsidiary of Stina Resources, and the company will assume all the assets and obligations owing in connection with Pure's research and development (R&D) and business operations. The terms of the agreement as outlined in the July, 2017, news release are that Stina will acquire all of the outstanding share capital of Pure in consideration for the issuance of 17 million common shares of Stina to the existing shareholders of Pure. Stina will allocate $250,000 for research and development financing for the continued development and testing of Pure's technology.

About Stina Resources Ltd.

Stina Resources is poised to become North America's first vertically integrated producer of vanadium and vanadium electrolyte for the energy storage industry. Stina has significant vanadium reserves and resources in Nevada. The Bison McKay claims contain a pure vanadium resource. Unlike most other vanadium deposits where vanadium is intermingled with other metals such as iron, or uranium, the Bisoni McKay properties contain pure vanadium in carbonaceous shale.

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