News

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) (“Electra”) is pleased to announce that is has arranged for a non-brokered private placement (the “Private Placement”) of approximately 6,000,000 units (the “Units”) at a subscription price of $0.083 per Unit for gross proceeds of up to $500,000.

Each Unit will consist of one common share and one share purchase warrant.Each warrant will be exercisable into one additional common share (the “Warrant Share”) of the Company at $0.20 per Warrant Share for a period of two years from closing of the Private Placement.

VANCOUVER, BRITISH COLUMBIA - Electra Stone Ltd. (“Electra” or the “Company”) (TSX.V: ELT) (FSE: 44E1) is pleased to announce confirmation of its second shipment of British Columbia (“BC”) Nephrite Jade to the People’s Republic of China (“PRC”). In total, Electra has now shipped approximately 36 tonnes of BC Nephrite Jade to the PRC, and recorded their first sale of 1.8 tonnes that was announced in a company press release dated November 19th, 2015.

VANCOUVER, BRITISH COLUMBIA - Electra Stone Ltd. (“Electra” or the “Company”) (TSX.V: ELT) (FSE: 44E1) Is pleased to announce it has sold its first 1.8 tonnes of nephrite jade to three private buyers in the People’s Republic of China (“PRC”). This sale marks an important milestone in the Company’s strategy of establishing an international trading platform for nephrite jade between Canada and Asia.

VANCOUVER, BRITISH COLUMBIA - Electra Stone Ltd. (“Electra” or the “Company”) (TSX.V: ELT) (FSE: 44E1) announces that the previously announced $2,000,000 private placement with Metath Investment Co. Ltd., a British Virgin Islands company controlled by businessman Liu Hai Jian of Shenzhen, China, has been cancelled.

VANCOUVER, BRITISH COLUMBIA - Electra Stone Ltd. (“Electra” or the “Company”) (TSX.V: ELT) (FSE: 44E1) is pleased to announce the completion of their preliminary prospecting program for Nephrite Jade in the Liard Mining Division, Northern British Colombia.

VANCOUVER, BRITISH COLUMBIA - Electra Stone Ltd. (“Electra” or the “Company”) (TSX.V: ELT) (FSE: 44E1) is pleased to announce confirmation of its first shipment of British Columbia (“BC”) Nephrite Jade to the People’s Republic of China as part of the Company’s strategy of providing a vertically integrated solution connecting BC Jade mining directly to end buyers in China

VANCOUVER, BRITISH COLUMBIA - Electra Stone Ltd. (“Electra” or the “Company”) (TSX.V: ELT) (FSE: 44E1) is pleased to announce, that as of August 31st, it has initiated a cooperative drill program with Ash Grove Cement Company (“Ash Grove”) at Electra’s Apple Bay Geyserite Quarry located 35km West of Port Hardy, British Columbia.

VANCOUVER, BRITISH COLUMBIA - Electra Stone Ltd. (“Electra” or the “Company”) (TSX.V: ELT) (FSE: 44E1) is pleased to announce results of the vote by shareholders at its annual and special meeting held on August 27, 2015 in Vancouver, British Columbia, Canada.

Results of Annual and Special Meeting

A total of 20,489,561 Common Shares were represented at the Meeting, representing approximately 35% of the outstanding shares.

Each of the director nominees proposed by management were elected to the Board of Directors:

VANCOUVER, BRITISH COLUMBIA - Electra Stone Ltd. (“Electra” or the “Company”) (TSX.V: ELT) (FSE: 44E1) is pleased to announce the appointment of David Zhang as a Director of the Company

Mr. Zhang has a master’s degree in money and banking from Zhongnan University in Wuhan, China. He has worked in the financial and banking Sector in China for the last 20 years and is currently the manager of Metath investments a Shenzhen based investment Fund. Mr. Zhang manages all Canadian operations and represents the interests of Metath in Vancouver, BC.

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) (FSE:44E1) (the “Company” or “Electra”) is pleased to announce the commencement of a 90 day prospecting program on its Nephrite Jade (“Jade”) projects near Dease Lake, British Columbia. The program will focus on new and known areas of Jade mineralization with the goal of identifying jade exploration targets for the 2016 season.