Mr. John Costigan reports
ELECTRA STONE LTD (TSXV:ELT) COMPLETES JADE SALE IN CHINA
Electra Stone Ltd. has sold its first 1.8 tonnes of nephrite jade to three private buyers in the People's Republic of China. This sale marks an important milestone in the company's strategy of establishing an international trading platform for nephrite jade between Canada and Asia. With an efficient trading platform, export/import and warehousing facility, Electra has proved that the value of jade from British Columbia is increased when directly marketed and sold to the customer in China.
"We are establishing a presence in Asia while providing an efficient, secure structure for the transport, storage and sale of nephrite jade from Canada into China," states John Costigan.
The company continues its marketing program in China while expanding its network of jade buyers and distributors, increasing brand awareness and potential sales.
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