Electra Announces Results of Annual General and Special Meeting of Shareholders

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) (“Electra” or the “Company”) is pleased to announce results of the vote by shareholders at its annual and special meeting held on June 29, 2016 in Vancouver, British Columbia, Canada.

A total of 25,677,801 Common Shares were represented at the Meeting, representing approximately 35.5% of the outstanding shares.

The five nominees proposed by management were elected to the Board of Directors. These directors are John Costigan, Darrell Dudley, Kyler Hardy, John Gorham and Tony Hu.

At the meeting, De Visser Grey LLP, were re-appointed as auditors of Electra for the ensuing year. Shareholders also re-approved the Company’s 10% Rolling Stock Option Plan in accordance with the policies of the TSX Venture Exchange.

About Electra Stone

Electra Stone Ltd. is building a vertically integrated public Nephrite Jade mining, trading & marketing company. Electra is focused on international market growth and trade of Nephrite Jade from British Columbia into Asian markets with a specific focus on China. Electra also continues to operate its Apple Bay alumina-silica quarry on Vancouver Island, which has been in continuous operation since 2003.

For further information and sales enquires on Electra Stone Ltd. please visit www.electrastone.com

Or contact: Tyler Lowes 604-620-8589.

On behalf of the Board of Directors,

“John Costigan”

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.