12:52:24 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Stina Resources Ltd
Symbol SQA
Shares Issued 130,583,502
Close 2018-05-11 C$ 0.63
Market Cap C$ 82,267,606
Recent Sedar Documents

ORIGINAL: Stina to change name to CellCube Energy Storage

2018-05-14 06:20 ET - News Release

Received by email:

File: SQA-NR-05142018.docx

STINA RESOURCES LTD. Ste 10 - 8331 River Road Richmond, BC V6X 1Y1 1-800-882-3213 CSE: SQA   12g3-2(b): 82-2062 OTCQB:
---> STNUF  Frankfurt: 01X www.stinaresources.com 1-800-882-3213
 /
 
  Stina Resources Ltd. To Change Name to CellCube Energy Storage Systems Inc.
May 14, 2018, Toronto, ON... Stina Resources Ltd. ("Stina" or the "Company") (CSE: SQA) (OTCQB: STNUF) (Frankfurt: OIX
--->) - a global leader in vanadium resources and energy storage technology systems, is pleased to announce that it has ch
--->anged its name to CELLCUBE ENERGY STORAGE SYSTEMS INC.  The common shares of the Company will commence trading on the 
--->Canadian Securities Exchange ("CSE") under the new symbol "CUBE" effective on or about Thursday, May 17, 2018.
Stina's name change reflects the Company's new strategic focus on full vertical integration in the energy sector. From
---> vanadium exploration and production through to the manufacturing and sale of vanadium redox flow batteries, marks a n
--->ew chapter in the Company's growth and broader energy driven commitment including its expertise in driving the innovat
--->ion needed to shape the future of the energy storage industry.
There are currently over 100 CellCube batteries in use globally. CellCube vanadium redox flow batteries ("VFB") are us
--->ed for a variety of purposes including grid storage; microgrids; off-grid storage for solar and wind power; diesel pow
--->er replacement; back-up power systems; farming applications; electrical vehicle charging stations; industrial plants a
--->nd office building applications; and emergency power sources.
The patented CellCube battery, the most commonly installed VFB in the world, developed by Gildemeister Energy Storage 
--->GmbH ("Gildemeister") was recently acquired by the Company. The patented CellCube battery amongst all other assets acq
--->uired from Gildemeister will now operate under the Company's Austrian subsidiary Enerox GmbH.
Storage markets are estimated to reach 40 GW by 2030 according to Bloomberg New Energy Finance's research, and are est
--->imated to spend over $100 billion in the ramp up phase over the same time period following the same rapid rise of sola
--->r installations occurring from 2000 to 2015.
"2018 marks an important point in the evolution of the Stina organization. This new name /change will allow us to bett
--->er emphasize our target driven sales and continue our healthy growth," stated Mr. Brian Stecyk, President and CEO.
About Stina Resources Ltd.
Stina is a vanadium resource company exploring to become a fully integrated producer of vanadium and vanadium electrol
--->ytes for the battery storage industry. The Company's vanadium mineral resources are located on the Bisoni McKay and Bi
--->soni Rio properties in norther Nevada. Stina's recent acquisition of the assets of Gildemeister, now operating under i
--->ts subsidiary Enerox GmbH coupled with the coming name change to CellCube Energy Storage Systems Inc., positions the C
--->ompany to capitalize on the demand for vanadium redox flow batteries worldwide to help meet the world's rapidly growin
--->g energy and storage needs.
About Jet Power and Control Systems
Stina recently acquired Jet Power, a North American leading-edge provider of custom and off-the-shelf electrical equip
--->ment and systems for heavy power users, pipeline companies, refineries, manufacturers, municipalities and infrastructu
--->re providers. Its key products include electrical switchgear, motor control switchers, and solar power inverters. With
---> the acquisition of Jet Power, Stina will be able to accelerate its sales of CellCube batteries worldwide and offer co
--->mplementary products and services.
About Braggawatt Energy Inc. 
Stina recently acquired a 10% interest in Braggawatt. Braggawatt's end-to-end online financing process revolutionizes 
--->enterprise clients' ability to adopt cost-saving distributed energy solutions, without upfront cost and with savings &
---> process certainty. Braggawatt's custom financing and ownership options empower small and medium-sized enterprises as 
--->well as their regional solution providers to accelerate the adoption of clean, onsite energy solutions.
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 regulation services providers (as that term is defined in the policies of the CSE) accepts respon
--->sibility for the adequacy or accuracy of this release.




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