Stina Resources Extends Expiry Date and Reprices Warrants
June 27, 2017
Stina Resources Ltd. (the “Company”) (CSE: SQA) (OTC: STNUF) announces that it intends to extend the expiry date of an aggregate of 3,925,000 previously issued common share purchase warrants (the “Warrants”) of the Company, as set out in the table below:
The Company also announces that it is creating an incentive stock option plan (the “Stock Option Plan”) for employees and directors.
A total of 5,100,000 incentive stock options have been allocated for directors/officers/employees and/or consultants under the Company’s Stock Option Plan at an exercise price of $0.15 per common share expiring on June 27, 2019.
About Stina Resources Ltd.
The Company is the owner of vanadium assets in its Bisoni McKay project in Nevada and has recently announced a significant addition of 154 neighboring claims. The Company has a goal of becoming the first North American vertically integrated producer of vanadium and vanadium electrolytes and related products to the energy storage industry