17:52:07 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Stina Resources Ltd
Symbol SQA
Shares Issued 51,072,436
Close 2017-07-07 C$ 0.24
Market Cap C$ 12,257,385
Recent Sedar Documents

ORIGINAL: Stina Resources closes $249,800 private placement

2017-07-07 16:16 ET - News Release

Received by email:

File: SQA-NR-07072017.docx

STINA RESOURCES LTD. 
Ste 10 - 8331 River Road 
Richmond, BC V6X 1Y1  1-800-882-3213
OTCMKTS: STNUF
CSE: SQA 12g3-2(b): 82-2062 
Shares Issued 51,072,436
July 7, 2017 close: $0.24

For Immediate Release
July 7, 2017

STINA ANNOUNCES CLOSING OF PRIVATE PLACEMENT 
July 7, 2017 - Stina Resources Ltd. (the "Company") (CSE: SQA) (OTC: STNUF) is pleased to announce that it has closed 
--->its previously announced non-brokered private placement for gross proceeds of $249,800.16 through the issuance of 2,08
--->1,668 units ("Units") of the Company at a price of $0.12 per Unit (the "Offering").  Each Unit consists of one common 
--->share (a "Common Share") of the Company and one-half of one Common Share purchase warrant (each whole warrant, a "Warr
--->ant"). Each Warrant entitles the holder thereof to purchase a Common Share at an exercise price of $0.15 for a period 
--->of eighteen (18) months following the closing of the Offering. 
An eligible person (the "Finder") was paid a cash commission equal to 10% of the proceeds raised from subscribers intr
--->oduced to the Company by such Finder.
Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the appro
--->val 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 to further investigate the Bisoni McKay vanadium deposit and the surrounding cla
--->ims as announced in the Company's recent news releases.
On behalf of the Board of Directors, 

"Brian Stecyk"  
Director 

THE CSE AND ITS REGULATORY SERVICES PROVIDER HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR A
--->CCURACY OF THIS NEWS RELEASE.
This news release may contain forward-looking statements including but not limited to comments regarding the timing an
--->d content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recover
--->y processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risk
--->s and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Not for distribution to U.S. news wire services or dissemination in the United States.



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