Mr. Brian Stecyk reports

STINA CLOSES FINAL TRANCHE OF $3 MILLION FINANCING

Stina Resources Ltd. has closed the third and final tranche of its previously announced and fully subscribed non-brokered private placement for gross proceeds of $924,161 through the issuance of 3,422,818 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.

Certain eligible finders were paid cash commissions equal to 6 per cent of the proceeds raised from subscribers introduced to the company by such finders and finder warrants equal to 6 per cent of the units issued pursuant to the offering.

In total, the company raised an aggregate of $3-million pursuant to the offering, through the issuance of 11,111,109 common shares.

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.