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File: SQA-NR-11162017 .docx
STINA RESOURCES LTD.
Ste 10 - 8331 River Road
Richmond, BC V6X 1Y1
1-800-882-3213
OTCQB: STNUF
CSE: SQA 12g3-2(b): 82-2062
Frankfurt: 01X
www.stinaresources.com
Shares Issued: 68,504,104
November 15, 2017 Close: $0.30
November 16, 2017
NEWS RELEASE
Stina Announces Definitive Agreement for Acquisition of Pure Vanadium
November 16, 2017 - Stina Resources Ltd. (CSE: SQA) (OTCMKTS: STNUF) (Frankfurt: 01X) ("Stina" or the "Company") is pl
--->eased to announce the definitive agreement for the acquisition of Pure Vanadium Corp. ("Pure"). This acquisition suppo
--->rts Stina's long-term objective of becoming North America's first vertically integrated producer of vanadium electroly
--->te 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 comp
--->any'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 Nev
--->ada and new applications for vanadium in battery technology will progress Stina towards its goal of being a leading ve
--->rtically integrated producer of vanadium electrolyte," said Brian Stecyk, President & CEO, Stina Resources Ltd.
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 licenses for the production and sales of vanadium electrolytes.
--->Pure's licenses were granted by the Battelle Memorial Institute ("Battelle"), operator of Pacific Northwest National L
--->aboratory ("PNNL"), a US Department of Energy National Laboratory," located in the State of Washington, says Dusty McK
--->innon of Pure Vanadium.
The finalization of the definitive agreement and its execution will result in Pure becoming a wholly-owned subsidiary
--->of Stina Resources Ltd., and the Company will assume all the assets and obligations owing in connection with Pure's re
--->search & 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 outstandin
--->g share capital of Pure in consideration for the issuance of 17,000,000 common shares of Stina to the existing shareho
--->lders of Pure. Stina will allocate $250,000, for research and development ("R&D") funding for the continued developmen
--->t and testing of Pure's technology.
About Pure Vanadium Corp. Pure Vanadium Corp. is a private R&D company involved in advancing the clean energy sector.
---> Pure's R&D activities involve the production of vanadium electrolyte formulations for the rapidly expanding vanadium
--->redox flow battery technologies that are employed in grid-scale electrical storage
About Stina Resources Ltd.
Stina Resources Ltd. is poised to become North America's first vertically integrated producer of vanadium & vanadium e
--->lectrolyte for the energy storage industry.
Stina has significant vanadium reserves and resources in Nevada. The Bison McKay claims contain a pure vanadium resour
--->ce. Unlike most other vanadium deposits where vanadium is inter-mingled with other metals such as iron, or uranium, th
--->e Bisoni McKay properties contain pure vanadium in carbonaceous shale.
Stina Resources Ltd. is dedicated to increasing shareholder value through exploration and development of their vanadiu
--->m resources and converting the vanadium into vanadium electrolyte for the energy storage market.
For further information, please contact:
Brian Stecyk, Director, President & CEO Telephone: 1-800-882-3213
This news release contains certain "forward-looking statements" within the meaning of Canadian securities legislation.
---> Forward-looking statements are statements that are not historical facts which address events, results, outcomes or
--->developments that the Company expects to occur; they are generally, but not always, identified by the words "expects",
---> "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "pr
--->ospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" o
--->ccur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the d
--->ate the statements are made and they involve a number of risks and uncertainties. Certain material assumptions regardi
--->ng such forward-looking statements are discussed in this news release and the Company's annual and quarterly managemen
--->t's discussion and analysis filed at www.sedar.com. Except as required by the securities disclosure laws and regulatio
--->ns applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if manag
--->ement's beliefs, estimates or opinions, or other factors, should change.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts resp
--->onsibility for the adequacy or accuracy of this release.
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