News

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) (“Electra”) or the (“Company) announces 2015 annual production and sale of 65,540 tonnes of chalky geyserite from its Apple Bay Quarry. Chalky Geyserite, also known as aluminum silica, is an integral ingredient in the production of cement. Approximately 20% of cement contains chalky geyserite. Year-over-year production was 13% higher with no notable operational changes.

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) (FSE:44E1) (the “Company” or “Electra”) is pleased to announce that the non-brokered private placement as reported in a news release dated December 31st, 2015 has been Closed. The Company has closed the private placement of 6,036,868 Units at $0.083 per unit for gross proceeds of $501,060.

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) (“Electra”) is pleased to announce that the Company has entered into a purchase contract agreement securing 250 metric tonnes of commercial grade British Columbia Nephrite Jade. Under the terms of the contract, Electra will first inspect and approve the jade followed by an initial $50,000 CDN deposit to secure the Jade for purchase until June 1, 2016.

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) (“Electra”) announces the closing of the first tranche of its previously announced non-brokered private placement (see the Company’s news release dated October December 31, 2015) issuing 4,216,868 Units (“Units”) at C$0.083 per for total aggregate gross proceeds of C$350,000.

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