Stina Announces Name Change to "CellCube Energy Storage Systems Inc." and Symbol Change
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2018) - Stina Resources Ltd. (CSE: SQA) (OTCQB: STNUF) (FSE: 01X) ("Stina" or the "Company") announces it has changed its name to "CellCube Energy Storage Systems Inc.", in order to better reflect its existing business and future prospects.
The Company's common shares are expected to commence trading on the Canadian Securities Exchange under the new symbol "CUBE" on or about May 17, 2018.
No action will be required by existing shareholders with respect to the name change. Certificates representing common shares of Stina will not be affected by the name change and will not need to be exchanged. The Company encourages any shareholder with any questions or concerns to contact the Company or to discuss any of the foregoing with their broker or agent.
About Stina Resources Inc.
Stina's acquisition of the assets of Gildemeister Energy Storage GmbH has transformed Stina and its wholly-owned subsidiary, Enerox, into a leading integrated resource and energy storage company. The investment into Braggawatt Energy Inc. will bring innovative financing products as well as an expanding partner base to enhance Enerox's go-to-market efficiency when serving enterprise customers for both stand-alone energy storage projects as well as projects where energy storage enhances the value proposition from renewable energy generation.
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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", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date 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 management's beliefs, estimates or opinions, or other factors, should change.