DGAP-News
Electric Stone Ships Second Container of 18 Tonnes of BC Nephrite Jade to China
DGAP-News: Electra Stone Ltd. / Key word(s): Disposal/Interim Report
Electric Stone Ships Second Container of 18 Tonnes of BC Nephrite Jade to
China
27.11.2015 / 15:22
The issuer is solely responsible for the content of this announcement.
Electric Stone Ships Second Container of 18 Tonnes of BC Nephrite Jade to
China
27.11.2015 / 15:22
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
November 27, 2015
TSX.V Symbol: ELT
Frankfurt Symbol: 44E1
Electric Stone Ships Second Container of 18 Tonnes of BC Nephrite Jade to
China
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.
"We are encouraged by initial sales and feedback from potential buyers and
believe we can further capitalize on the demand for BC Nephrite Jade in
China. This shipment is part of our ongoing strategy of bringing the
product directly to the buyers. We will continue to market and expand our
customer base and market intelligence within the commercial jade buying
community and begin to market the investment opportunity Electra represents
to the Chinese investment community as a publicly traded company," states
John Costigan, President and CEO of Electra Stone.
Concurrently, Electra is pleased to confirm participation in the GCFF
Investment Conference in Shenzhen, China at the Shangri 'La Shenzhen on
December 3 & 4 as well as one on one meetings with interested investors.
The GCFF Investment Conference is hosted by NAI Interactive, a Vancouver
based company with offices in Hong Kong and Shanghai. Electra participated
in the GCFF Investment Conference in Markham, Ontario on September 26th
2015.
About Jade
There are two distinct types of jade. Nephrite Jade that is found in
British Columbia Canada, and other countries, and Jadeite that is primarily
found in Myanmar. Nephrite jade tends to be larger boulders that are sought
after for ornamental purposes, while Jadeite is mostly used for jewellery.
For more information, on Nephrite Jade, its important standing in the
Chinese culture as the "Emperor's Stone" and why BC is a leading supplier
to China, please visit www.electrastone.com
About Electra Stone
Electra Stone Ltd. is building a vertically integrated Nephrite Jade mining
& 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.
For further information or interests on Electra Stone or BC Jade Sales
please contact Tyler Lowes at tyler@electrastone.com, visit the Company
website: www.Electrastone.com or call 604-681-1568.
On behalf of the Board of Directors
"John Costigan"
President and Director
Forward-Looking Statements:
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. Forward looking statements
in the news release included but are not limited to that we will export
jade to China. 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, which include
that we may not be able to source jade, we may not be able to get permits
to export it to China and the market for jade may be weak or prices may be
too low to profitably carry out the business. Even if we do export jade to
China, there is no guarantee that we can do so profitably. 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 http://www.sedar.com.
---------------------------------------------------------------------------
27.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
418761 27.11.2015
November 27, 2015
TSX.V Symbol: ELT
Frankfurt Symbol: 44E1
Electric Stone Ships Second Container of 18 Tonnes of BC Nephrite Jade to
China
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.
"We are encouraged by initial sales and feedback from potential buyers and
believe we can further capitalize on the demand for BC Nephrite Jade in
China. This shipment is part of our ongoing strategy of bringing the
product directly to the buyers. We will continue to market and expand our
customer base and market intelligence within the commercial jade buying
community and begin to market the investment opportunity Electra represents
to the Chinese investment community as a publicly traded company," states
John Costigan, President and CEO of Electra Stone.
Concurrently, Electra is pleased to confirm participation in the GCFF
Investment Conference in Shenzhen, China at the Shangri 'La Shenzhen on
December 3 & 4 as well as one on one meetings with interested investors.
The GCFF Investment Conference is hosted by NAI Interactive, a Vancouver
based company with offices in Hong Kong and Shanghai. Electra participated
in the GCFF Investment Conference in Markham, Ontario on September 26th
2015.
About Jade
There are two distinct types of jade. Nephrite Jade that is found in
British Columbia Canada, and other countries, and Jadeite that is primarily
found in Myanmar. Nephrite jade tends to be larger boulders that are sought
after for ornamental purposes, while Jadeite is mostly used for jewellery.
For more information, on Nephrite Jade, its important standing in the
Chinese culture as the "Emperor's Stone" and why BC is a leading supplier
to China, please visit www.electrastone.com
About Electra Stone
Electra Stone Ltd. is building a vertically integrated Nephrite Jade mining
& 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.
For further information or interests on Electra Stone or BC Jade Sales
please contact Tyler Lowes at tyler@electrastone.com, visit the Company
website: www.Electrastone.com or call 604-681-1568.
On behalf of the Board of Directors
"John Costigan"
President and Director
Forward-Looking Statements:
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. Forward looking statements
in the news release included but are not limited to that we will export
jade to China. 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, which include
that we may not be able to source jade, we may not be able to get permits
to export it to China and the market for jade may be weak or prices may be
too low to profitably carry out the business. Even if we do export jade to
China, there is no guarantee that we can do so profitably. 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 http://www.sedar.com.
---------------------------------------------------------------------------
27.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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418761 27.11.2015
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