Electra appoints New CFO and Jade Marketing Team
VANCOUVER, BRITISH COLUMBIA - Electra Stone Ltd. (“Electra” or the “Company”) (TSX.V: ELT) is pleased to announce the appointment of John Fong as the Chief Financial Officer, Tyler Lowes as the Manager of Corporate Development and Tony Hu as the Manager of Investor Relations.
John Fong is a CPA, CGA with over 15 years’ experience in the mining industry and has an extensive background in financial reporting & analysis, internal audit and accounting systems. Mr. Fong was formerly the Vice President of Internal Audit for Rio Alto Mining Ltd. and Controller for Grove Energy Limited. In addition to his role as CFO of Electra Stone, Mr. Fong operates his own financial consulting business.
Tyler Lowes is a seasoned communications professional with experience in raising capital and the marketing of a number of resource exploration companies. Mr. Lowes has worked with the Zimtu Group of companies for over 4 years. His network of contacts within the financial community extends across North America and Europe.
Tony Hu MBA, has over 20 years’ experience in international trade with a certificate in supply chain management and Lean Manufacturing from MIT. Mr. Hu was formerly a Sales Manager for The Noble Group Ltd where he was responsible for international trade. In addition he also has extensive experience connecting businesses between China and North American Markets.
John Costigan, President and Director of Electra comments: I am very pleased to be adding these new personnel to the Electra team, their combined experience and expertise will continue to build and develop Electra’s initiatives into the BC Jade Industry.
Total sales and price of B.C. Nephrite Jade have reportedly increased significantly over the past several years according to private producers. Increased interest in Nephrite Jade in South-East Asian countries, specifically China is the primary reason for the rise in demand.
In addition John Fong has been granted 250,000 incentive stock options exercisable at $0.10 per share for a 5 year period
For further information or interests on BC Jade or Electra Stone please contact Tyler Lowes at firstname.lastname@example.org or call 604-681-1568.
On behalf of the Board of Directors
President and Director
This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “proposed”, “postulate” and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the Company’s public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company’s profile on SEDAR at.