Stina Resources Ltd. (DB:01X) signed a letter of intent to acquire Pure Vanadium Corp. for CAD 5.9 million on July 17, 2017. As on November 16, 2017, Stina Resources Ltd. (DB:01X) signed a definitive agreement to acquire Pure Vanadium Corp. Under the terms, Stina Resources Ltd. will issue 17 million common shares and allocate CAD 0.25 million for research and development funding for the continued development and testing of Pure's technology. The transaction is subject to due diligence, approval by regulatory authorities and development of definitive agreement. Skanderbeg Capital Partners Inc. acted as a financial advisor to Stina Resources Ltd. CellCube Energy Storage Systems Inc. (CNSX:CUBE) completed the acquisition of Pure Vanadium Corp. on July 5, 2018. The deal terms have been revised to a total cash consideration of CAD 0.187 million.