TSX:V- "SQA"12g3-2(b): 82-2062Shares Issued 15,285,567June 18, 2009 close: $0.50
Stina Resources Ltd. (the "Company") The Company reports that certain directors of "Stina" have arranged a sale of up to 2,700,000 shares of Stina at a price of $0.50 per share through the facilities of the TSX Venture Exchange. The proceeds from this sale will be used to fund a non- brokered private placement of 3,000,000 shares of Stina at a price of $0.47 per unit, each such unit being comprised of one common share of Stina. The shares will be subject to a four month hold. The company also proposes that a finder's fee will be paid in either shares or cash in accordance with the policies of the TSX Venture Exchange.Proceeds from the private placement will be used to fund exploration of the Kodiak Property in the Dawson Region of the Yukon and for working capital. The private placement is subject to the approval of the TSX Venture Exchange.Edward Gresko, President Stina Resources Ltd. THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED OR DISAPPROVED OF THE CONTENTS HEREIN.
STINA RESOURCES LTD. WWW.STINARESOURCES.COM
Stina Resources est une société d’exploration minière basée au Canada.
Ses principaux projets en exploration sont BISONI MCKAY en USA et DIME PROPERTY au Canada.