News

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) (“Electra”) or (“the Company”) is pleased to announce that the Company has entered into an arrangement for the purchase of up to 540,000 kilograms of carving and industrial grade jade from Quartz Creek Developments Ltd. “QCD”, contingent on certain rock quality characteristics being met by QCD as required by Electra.

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) (“Electra”) or the (“Company”) wishes to announce the granting of incentive stock options to certain directors, officers and employees to purchase up to 1,150,000 common shares under the Company’s Incentive Stock Option Plan. The options will be granted for a period of five (5) years, commencing on July 12, 2016, exercisable at a price of $0.05 per share.

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.

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) (“Electra”) is pleased to announce that further to its press release dated June 9, 2016, it has completed the second and final tranche closing of its non-brokered private placement (the “Offering”). The Company will be issuing an additional 2,220,000 common shares at a price of $0.085 per common shares for gross proceeds of $188,700.

The total number of shares issued under the Offering was 6,552,882 for gross proceeds of $556,997.