An anonymous director reports

STINA CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

Stina Resources Ltd. 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 27 cents per unit. Each unit consists of one common share of the company and one-half of one common share purchase warrant. Each warrant entitles the holder thereof to purchase a common share at an exercise price of 45 cents for a period of three years following the closing of the offering.

An eligible person was paid a cash commission equal to 6 per cent of the proceeds raised from subscribers introduced to the company by such finder and broker warrants equal to 6 per cent of the units issued pursuant to the offering.

Closing of the offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of the Canadian Securities Exchange. All securities issued in connection with the offering are subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. Proceeds of the offering will be used for general working capital purposes.

We seek Safe Harbor.