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File: 08-06-2016 Closing First Tranche $0.085 PP.docx







June 8, 2016
TSX.V Symbol: ELT
Frankfurt Symbol: 44E1


Electra Completes First Tranche of Private Placement

Vancouver, British Columbia - Electra Stone Ltd. (TSX Venture: ELT) ("Electra") announced today the closing of the fir
--->st tranche of the non-brokered private placement financing announced on May 19, 2016 (the "Offering"). Tranche one of 
--->the Offering  consisted of the sale of 4,332,882 shares at $0.085 for gross proceeds of $368,295. All securities issue
--->d pursuant to Offering are subject to a hold period under applicable Canadian securities laws, which will expire four 
--->months plus one day from the date of closing of the Private Placement. 
The net proceeds from the Offering will be used for general working capital 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.
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.  Forward -looking statements in this news release include completio
--->n of a financing and use of proceeds. Forward information is subject to significant risks and uncertainties, as actual
---> results may differ materially from forecasted results.  

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 circumsta
--->nces, except as required by law.  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.







File: 08-06-2016 Closing First Tranche $0.085 PP.pdf

 


                                                       




                                                                                                          
                                                                                             June 8, 2016 
                                                                                       TSX.V Symbol: ELT 
                                                                                  Frankfurt Symbol: 44E1 
                                                                                                          
                                                                                                              
                  Electra Completes First Tranche of Private Placement 
 
Vancouver, British Columbia  Electra Stone Ltd. (TSX Venture: ELT) ("Electra") announced today 
the  closing  of  the  first  tranche  of  the  nonbrokered  private  placement  financing  announced  on 
May  19,  2016  (the  "Offering").  Tranche  one  of  the  Offering   consisted  of  the  sale  of  4,332,882 
shares  at  $0.085  for  gross  proceeds  of  $368,295.  All  securities  issued  pursuant  to  Offering  are 
subject to a hold period under applicable Canadian securities laws, which will expire four months 
plus one day from the date of closing of the Private Placement.  

The net proceeds from the Offering will be used for general working capital 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 aluminasilica quarry on Vancouver Island, which has been in 
continuous operation since 2003. 

For  further  information  and  sales  enquires  on  Electra  Stone  Ltd.  please  visit 
www.electrastone.com  

Or contact: Tyler Lowes 6046208589. 

  
On behalf of the Board of Directors, 

"John Costigan" 

President and Director.

Forward Looking Statement

This document contains forward-looking statements. Forward  looking statements in this news
release include completion of a financing and use of proceeds. Forward information is subject to
significant risks and uncertainties, as actual results may differ materially from forecasted results.

                                                       
                                                       
  




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 law. 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.