Electra Stone Partners with DPC Luxury Design on Jade Product Line
Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) (“Electra”) or (“the Company”) is pleased to announce it has entered into an agreement with Mr.Dean Cloutier of DPC Luxury Design (“DPC”) to design, manufacture and market a line of modern luxury furniture incorporating BC Nephrite Jade supplied by Electra Stone.
Dean P. Cloutier has been designing and selling custom luxury goods for over a decade using premium materials and craftsmanship for the high-end luxury market. In recent years he has developed a series of luxury furniture products using nephrite jade from British Columbia and established a global interest and a variety of sales channels for the DPC brand. For more information on DPC Luxury Designs please visit www.dpcloutier.com
“We are thrilled to be working with Mr. Cloutier and his talented team in order to develop a “one of a kind” product line that will appeal not only to the Chinese luxury market but to a global market that appreciates this unique, collectible product line with BC nephrite jade”, states John Costigan, President of Electra Stone.
“Our brand is very strong in the Chinese market, where we offer both traditional and modern designs that have nephrite jade features. Electra Stone provides us a consistent supply of the jade we require to meet the growing global demands of our product line”, states Dean P. Cloutier, Chief Design Artist and President of DPC Luxury Design.
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
On behalf of the Board of Directors,
President and Director.
Forward Looking Statement
This document contains forward-looking statements. Forward –looking statements in this news release include that Dean Cloutier will successfully design and develop marketable jade products. Forward information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Factors which may prevent the forward looking statements from coming to fruition include that DPC may be unable to sell jade products, even if we do sell products, we may not be able to finance our plans, markets may not develop as expected, we may not be able to develop markets luxury jade furniture and products and competitors may sell better or less expensive products and take our expected market share. Forward-looking information is provided as of the date hereof and is based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. We assume no responsibility to update, or revise them to reflect new events or circumstances, except as required by law. For a detailed list of risks and uncertainties as it relates to Electra Stone Ltd., please refer to the Company’s 2015 financial statements filed with SEDAR.
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.