Stina Adds James Morin to The Board
May 4, 2017
Stina Resources Ltd. (CSE: SQA) (the “Company) is pleased to announce the appointment of James P. Morin to its Board of Directors.
Mr. Morin is a highly experienced professional with diverse managerial and financial expertise as evidenced by his serving in many business and consulting capacities. He currently consults in corporate restructuring and business financing where he has arranged financing from $300,000 to $32 million.
He has been involved in the oil and gas sector, as Vice-President and CFO the largest aftermarket provider of blowout preventer parts in the world. He was the founder and president of AMC Technologies Corporation which designed and manufactured sophisticated control and monitoring solutions for industrial and equipment systems across North America. Earlier experience included serving as Corporate Finance Advisor for Roche Securities Limited and a finance officer for a number of private companies.
He also has broad experience in working with funding agencies and arranging grants for research and development of new technology, experience that will be significant benefit to Stina Resources as it develops its vanadium resources for use in the Vanadium Redox Battery industry.
His financial experience in the manufacturing industries will benefit Stina’s Soft Wave operations. Soft Wave is a new electrical technology that changes the way cooling towers and similar water using facilities are maintained, cleaned and flushed. This green technology eliminates or minimizes the use of harmful chemicals that are currently used. The technology is currently used in the United States by some of North America’s largest companies. Stina has acquired the Canadian rights to the technology and will soon be marketing it widely.
“Stina is adding very skilled and experienced new members to its board,” comments Stina CEO Jim Wall. “These new members will drive the Company into the next chapter by exploring and developing strategic opportunities for the Company’s Bisoni McKay vanadium property in the battery and energy storage industry, in addition to monetizing the Company’s Soft Wave operations. Tremendous shareholder value is being added to Stina.”