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File: 19-05-2106 DP LOI.docx.pdf

                                                                                 May 19, 2016
                                                                            TSX.V Symbol: ELT
                                                                       Frankfurt Symbol: 44E1



           Electra Stone Ltd. signs Letter of Intent to market BC Jade and
                          Non-brokered Private Placement

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) ("Electra") announced today
that it has signed a Letter of Intent ("LOI") with D&P Advisors of Kuala Lumpur ("DP"), West
Malaysia in order to form a Joint Venture company that will market and sell jade products
through a direct sales strategy and a global online management platform. Under the terms of
the proposed Joint Venture, Electra Stone will be the exclusive provider of jade, and other
precious stones and or minerals. A formal agreement is expected to be concluded after all
necessary due diligence is completed by Electra.

In addition, the Company announces a non-brokered private placement (the "Private
Placement") of approximately 14,117,650 common shares at a subscription price of $0.085 per
share for gross proceeds of up to $1,200,000.00 CAD.

The common shares issued pursuant to the Private Placement will be restricted from trading for
a four month hold period in accordance with applicable securities laws and policies of the TSX
Venture Exchange (the "Exchange"). Completion of the Private Placement is subject to approval
of the Exchange. Finder's fees may be payable in connection with the private placement.

The net proceeds of the Private Placement will be used to advance the Company's operations
and for general and corporate purposes.

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. Electra also
continues to operate its Apple Bay alumina-silica quarry on Vancouver Island, which has been in
continuous operation since 2003.
 About D&P Advisors

D&P Advisors has decades of experience developing internet based sales and marketing
platforms for the Asian and Arabian consumer markets. The multi-platform system intends to be
delivered across multiple countries in multiple languages including; English, Chinese, Spanish and
Arabic.

For further information and sales enquires on Electra Stone Ltd. please visit
www.electrastone.com or contact: Tyler Lowes 604-620-8589.


On behalf of the Board of Directors,

"John Costigan"

President and Director.

Forward Looking Statement

This document contains forward-looking statements. Since forward-looking statements and information address future
events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ
materially from those currently anticipated due to a number of factors and risks. These include, but are not limited t
--->o, the
ability of the company to market and sell jade through a direct sales strategy and global online management platform a
--->nd
the completion of a formal agreement and joint venture with D&P Advisors. Forward information is subject to significan
--->t
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, failure or delay to receive
proper regulatory approvals, failure to agree on terms with DP and complete contracts to carry out our announced plans
--->.
Even if the contracts are completed, the Company may not be able to secure required financing, markets may not develop
as expected, and the Company may not be able to complete requirements to establish a joint venture with DP, and
competitors may sell better or less expensive products and take the targeted 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 minera
--->l
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 la
--->w.
For a detailed list of risks and uncertainties as it relates to Electra Stone Ltd., please refer to the Company's 2015
---> financ ial
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.
  

File: 19-05-2106 DP LOI.docx







May 19, 2016
TSX.V Symbol: ELT
Frankfurt Symbol: 44E1


Electra Stone Ltd. signs Letter of Intent to market BC Jade and 
Non-brokered Private Placement

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) ("Electra") announced today that it has signed a L
--->etter of Intent ("LOI") with D&P Advisors of Kuala Lumpur ("DP"), West Malaysia in order to form a Joint Venture compa
--->ny that will market and sell jade products through a direct sales strategy and a global online management platform.  U
--->nder the terms of the proposed Joint Venture, Electra Stone will be the exclusive provider of jade, and other precious
---> stones and or minerals. A formal agreement is expected to be concluded after all necessary due diligence is completed
---> by Electra.
In addition, the Company announces a non-brokered private placement (the "Private Placement") of approximately 14,117,
--->650 common shares at a subscription price of $0.085 per share for gross proceeds of up to $1,200,000.00 CAD. 
The common shares issued pursuant to the Private Placement will be restricted from trading for a four month hold perio
--->d in accordance with applicable securities laws and policies of the TSX Venture Exchange (the "Exchange"). Completion 
--->of the Private Placement is subject to approval of the Exchange. Finder's fees may be payable in connection with the p
--->rivate placement.
The net proceeds of the Private Placement will be used to advance the Company's operations and for general and corpora
--->te purposes.
About Electra Stone
Electra Stone Ltd. is building a vertically integrated public Nephrite Jade mining, trading & marketing company. Elect
--->ra is focused on international market growth and trade of Nephrite Jade from British Columbia into Asian markets with 
--->a specific focus on China. Electra also continues to operate its Apple Bay alumina-silica quarry on Vancouver Island, 
--->which has been in continuous operation since 2003.


About D&P Advisors
D&P Advisors has decades of experience developing internet based sales and marketing platforms for the Asian and Arabi
--->an consumer markets. The multi-platform system intends to be delivered across multiple countries in multiple languages
---> including; English, Chinese, Spanish and Arabic. 
For further information and sales enquires on Electra Stone Ltd. please visit www.electrastone.com or contact: Tyler L
--->owes 604-620-8589.
 
On behalf of the Board of Directors,
"John Costigan"
President and Director.
Forward Looking Statement
This document contains forward-looking statements.  Since forward-looking statements and information address future ev
--->ents and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ m
--->aterially from those currently anticipated due to a number of factors and risks. These include, but are not limited to
--->, the ability of the company to market and sell jade through a direct sales strategy and global online management plat
--->form and the completion of a formal agreement and joint venture with D&P Advisors. Forward information is subject to s
--->ignificant 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, failure or delay to receive 
--->proper regulatory approvals, failure to agree on terms with DP and complete contracts to carry out our announced plans
--->. Even if the contracts are completed, the Company may not be able to secure required financing, markets may not devel
--->op as expected, and the Company may not be able to complete requirements to establish a joint venture with DP, and com
--->petitors may sell better or less expensive products and take the targeted 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 la
--->w.  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.