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File: SQA-NR-05012018.docx

STINA RESOURCES LTD. 1-800-882-3213 www.stinaresources.com Ste 10 - 8331 River Road Richmond, BC V6X 1Y1 CSE: SQA    1
--->2g3-2(b): 82-2062 OTCQB: STNUF  Frankfurt: 01X Shares Issued:  130,583,502
 /
 
 

Stina Announces Completion of Acquisition of the Gildemeister Assets and Resumes Production of CellCube Vanadium Flow 
--->Battery 

May 1, 2018...Toronto, ON, Canada - Stina Resources Ltd. ("Stina" or the "Company") (CSE: SQA) (OTCQB: STNUF) (Frankfu
--->rt: 01X) is pleased to announce the completion of an arm's length transaction to acquire all the  outstanding assets o
--->f former Gildemeister Energy Storage GmbH, including its CellCube vanadium flow battery, and its energy storage busine
--->ss.  

Stina has established a new wholly-owned Austrian subsidiary, Enerox GmbH, that has acquired the Gildemeister assets a
--->nd business.  Enerox is one of the world's first and largest researchers, developers, manufacturers and distributors o
--->f vanadium flow batteries. As an industry leader in the energy storage sector, it has installed vanadium flow batterie
--->s at over 100 sites globally.

As energy storage deployments continue to rapidly increase globally, Stina is committed to invest in technology to fur
--->ther its industry advantages as a global, integrated energy storage company for both customer-sided and utility scale 
--->energy storage applications. 

"Our investment in the former Gildemeister's assets have enabled us to immediately offer leading energy storage techno
--->logy to global markets and complements our vision for Stina to be a fully integrated energy storage company.   With ou
--->r end-to-end business approach, we are bringing about the next evolution in the way energy storage will be integrated 
--->in demand-side and distributed generation power infrastructure alike," says Brian Stecyk, President and CEO of Stina.

"Enerox is pleased to announce the acquisition of all the assets of Gildemeister's CellCube energy storage business an
--->d will now be able to immediately resume the sale and installation of its energy storage solutions.  CellCube batterie
--->s are based on a solid decade of experience in vanadium redox flow systems with over 100 installations worldwide.  The
--->se systems provide large scale electricity storage solutions for energy centric market segments that are rapidly trans
--->itioning towards a 100% carbon free power infrastructure," commented Stefan Schauss, President and CEO of Enerox. 

Storage markets are estimated to reach 40 GW by 2030 according to Bloomberg New Energy Finance's research.  CellCube e
--->nergy storage systems address the need for energy centric storage of clean, renewable electrical energy as well as red
--->ucing the CO2 footprint of conventional power generation. Energy centric storage applications, such as the shifting of
---> intermittent renewable energy peaks into periods of high demand, will lead the transition of modern energy supply cha
--->ins around the world. 

The first CellCube batteries were installed in 2008 and with a decade of operational experience the technology has bee
--->n proven to deliver long lasting energy storage infrastructure for deployments in a wide range of climates and heavy l
--->oad applications. The technology has displayed superior operational experience in over 100 projects and has a solid tr
--->ack record of energy storage performance in many supply chain categories. 

While the CellCube product line-up with "plug'n play ready" containerized systems is available today, Enerox expects t
--->o soon release the next generation of flow battery modules poised to seriously challenge competing technologies in the
---> electrochemical storage space.  

The total acquisition price of  euros5,210,000 (CDN $7,788,950) has been fully paid for with proceeds from recent priv
--->ate placements. Besides the CellCube battery technology, the major assets Stina is acquiring include all inventory on-
--->hand, capital asset equipment used in the manufacturing of the CellCube battery, software, intellectual property inclu
--->ding patents and trademarks, office equipment, Gildemeister's customer base and goodwill.  Stina is not acquiring any 
--->debt on the acquisition.

About Stina Resources Ltd.
 Stina's acquisition of the assets of Gildemeister Energy Storage GmbH has transformed Stina and its wholly-owned subs
--->idiary, Enerox, into a leading integrated resource and energy storage company. Together with the Company's recent acqu
--->isition of Jet Power & Control Systems Ltd., Stina is gearing up to deliver fully vertically integrated energy storage
---> solutions to utilities and independent power producers for both stand-alone energy storage projects as well as projec
--->ts where energy storage enhances the value proposition from renewable energy generation.

For further information, please contact: 
Mr. Brian Stecyk, President and CEO 
Stina Resources Ltd.
Telephone: 1-800-882-3213 Email: info@stinaresources.com www.stinaresources.com

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 de
--->velopments 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", "pros
--->pective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occ
--->ur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the dat
--->e the statements are made and they involve a number of risks and uncertainties. Certain material assumptions regarding
---> such forward-looking statements are discussed in this news release and the Company's annual and quarterly management'
--->s discussion and analysis filed at www.sedar.com. Except as required by the securities disclosure laws and regulations
---> applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if managem
--->ent'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 res
--->ponsibility for the adequacy or accuracy of this release.