Mr. Tony Hu reports

ELECTRA STONE STAKES COBALT PROSPECT ADJACENT ROYAL NICKEL'S DUMONT NICKEL COBALT PROPERTY ,QUEBEC, CANADA

Electra Stone Ltd. will acquire, by Gestim on-line application, certain recently expired mineral cells, located in Quebec, Canada, adjacent to Royal Nickel (TRNX)'s Dumont nickel-cobalt project, in which Cobalt 27 Capital Corp. (TSXKBLT) recently purchased a 1.75-per-cent NSR (net smelter royalty) for $10-million and 537,535 common shares. The new project will be known as the Dumont cobalt northwest project when an official title is issued.

Electra is reviewing another land package known as the Dumont north cobalt project, which is also adjacent to the Royal Nickel Dumont nickel-cobalt project.

On April 9, Royal Nickel reported in a news release, "Dumont concentrate is ideal for producing nickel and cobalt material feed to be sold directly into the battery industry." Royal Nickel also stated in the news release, "Dumont proven and probable reserves consist of 1.18 billion tonnes of ore containing 3.15 million tonnes of nickel (6.9 billion pounds) and 126,000 tonnes (278 million pounds) of cobalt -- shovel-ready: feasibility study and permitting complete."

Tony Hu, president and chief executive officer of Electra Stone, stated, "We are excited about this application (Dumont cobalt northeast project) to acquire cells via on-line Gestim that are adjacent the Royal Nickel's Dumont nickel-cobalt project, near the town of Amos."

This press release was prepared by, prepared under the supervision of or approved for release by Dr. Stewart A. Jackson, PGeo, a qualified person as defined by National Instrument 43-101.

About Electra Stone Ltd.

Electra Stone is focused on mineral projects to expand the company with a current focus on the traditional market in Asia for jade. Jade in Chinese culture is reflected in its status as a symbol of goodness, preciousness and beauty. Jade stone is the embodiment of the Confucian virtues of courage, wisdom, modesty, justice and compassion. Electra Stone also has acquired a 100-per-cent interest, subject to a two-year NSR (net smelter royalty) in the historical Connell Mountain copper project, located in New Brunswick, Canada, subject to Toronto Stock Exchange regulatory approval.